Fusion Bank in Hong Kong has successfully implemented a next-generation core banking system, developed with WeBank’s cutting-edge technology. This initiative, completed within 10 months, enhances Fusion Bank’s operational efficiency and enables rapid market adaptability. The system is built on WeBank's innovative, distributed architecture, known for its high scalability and cost-efficiency, underscoring a robust fintech partnership between Shenzhen and Hong Kong.
Key Points:
- Strategic Partnership: WeBank supported Fusion Bank’s digital transformation, integrating 150 subsystems across deposits, loans, and foreign exchange services.
- Quick Implementation: The project included seamless data migration and went live in just 15 hours, minimizing service disruption.
- Technological Advancements: The system leverages AI-native capabilities, modular design, and multi-cloud compatibility, allowing for cost-efficient operations and rapid product deployment.
- Broader Impact: This achievement highlights the role of cross-border fintech collaborations in accelerating digital finance transformation in Hong Kong.
