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okay thanks mating so last but not least let's welcome another guest from mr li jin mr lee has a rich experience study working in oversea china for many years especially when he returned to china he led the team to build the purely disputed architecture for the first digital banking in this industry in china which is we've been it's quite famous so in his career he has been fully participate in the new digital banking development now li jin as the general manager of strategic product innovation group in feng shin cho he led the ind team working very closely with huawei actually we developed the finkel joint solution in last year so let's welcome li jin to introduce his idea for his moda architecture which stands for micro services oriented distributed architecture let's work on eating hi everyone i'm jane from forms today we are here to talk about how thingq can bring your banks from core banking systems to an open banking platform in 2019 we first introduced this vision of a digital society to the world through our global financial summit we believe that in the future the silos between all the industry or the life scenario will be broken down they can flow freely across all the activities the whole society will be a lot more collaborative and smart and all of this will be achieved with a good digital platform and then digital asset and the digital id that's the 3d we are talking about for the digital society in the future and we have seen this process been split up a lot due to the social distance practiced in convict 19 situation how can we be ready for this challenge there are three pillars to embrace the challenges posed to us in the digital society the first one is the foundation you need a good foundation that can be scalable according to your exercise reliable enough to provide the services continually and then finally it has to be affordable and on top of that you can build all the open ecosystems so that more and more other participants can participate in your business activities with the lowest and the easiest experience and finally you you need to enhance your capabilities with new technologies such as blockchain big data analysis and then in ai so today we will focus on the foundation because that's the beginning of everything so what is the right foundation for the digital society the right foundation of a digital platform should be scalable in terms of both capacity and performance it can it should be scaled according to your business needs and it should be reliable because in the future people would like to have your service 24 7. the availability of your service should be more than 99.99 and above it should be agile so that you can blow out new services to satisfy the needs of your customers as fast as possible it should be interoperable you shouldn't login into any technology so that you can always enjoy the flexibility and it should be manageable easy to maintain the technical challenge shouldn't be that high to operate such a platform and finally it should be affordable it should be cheap enough so that everyone can enjoy it in order to achieve all these targets forms comes up with this design for microservice oriented distributed architecture what exactly is moda moda stands for scalability reliability and agility mo means microservice oriented the whole architecture is built based on microservice the scope of each service is defined to do one thing and one thing only so all the micro services will be the standardized modules just like the lego bricks can be easily put together according to different blueprints to to make up different objects in comparing to the traditional monolithic design of systems each system is huge and bulky and then each of them will have different technical stats and then you have to connect them through different technologies is very difficult to handle microservice offers you the dynamically responsive possibilities to build your business to provide services to your customers distributed architecture is solving another aspect of this challenge traditionally we need high-end hardware commercial solutions so that you can have millions of your customers hosted by a set of machines only a handful of companies such as ibm and oracle can offer such solutions and hence they are very expensive what if we can downsize the word load for each node that means but that means you have to slice your business into multiple nodes instead of one node at the moment so that's the whole idea of distributed architecture my team first built the first digital architect distributed architecture for the banks in china in wing bank we went now becomes the biggest digital bank in the world using the same concept we have the moda designed which we have all microservices deployed into multiple nodes and each node will handle a fixed set of workloads so that we can run micro services on containers on v8 or virtual machines we don't have to use expensive hardware to run them together by doing so we can support high performance and high vulnerabilities with no limit as soon as you have the infrastructure we can always deploy your new node to scale out your capacity to scale out your performance and then we use the high speed high performance event mesh to connect all the nodes to connect all the microservices together and this design enables you to scale both skill out for the capacity and the scale up for the existing customers which offers you more control of your architecture and at the same time by using all this open technology to lower your cost significantly and finally different notes is totally independent of each other which offers a much better risk containment hence we believe that moda can be the solution to your right foundation the latest load test in our customer project shows that by using moda we can scale 30 million accounts on huawei cloud and then the load testing scenario is that we want 11 different business scenarios in concurrently and then the tps can reach 17 000 and all of this is achieved by using moda and then run on a public cloud the moda will post three key difficulties first of all the number of micro services will be significant higher than the transitional number of systems that you have to handle and at the same time instead of one set of systems you have to deploy multiple sets so you will have challenges in terms of resource management in terms of id governance and in terms of maintenance of your whole architecture to solve these difficulties together with huawei we roll out finque thinqio is targeted to offer all the advantage of moda as an out of box product capability and at the same time offers the eda with event mesh of microservices to provide the dynamically responsive experience of business capabilities development and at the same time using dvd domain driven design for enterprise architecture modeling so that you can you can solve the governance challenge in detail thinking runs on the reliable high performance infrastructure provided by volume on the fusion cube and then on top of that we deploy platform universe developed by forms and then we run all the banking capabilities we call it lego open banking solutions on top platform universe we will look at the purple universe first first of all the core platform universe is the proprietary micro service framework allow allowing us to provide the best experience and support for the enterprise who liked to build model and at the same time we streamline the operation management by providing the dedicated configuration management automation of standard operation procedure and then the runtime control over the kernel once you deploy all your services we can monitor the performance and the infrastructure through our apm collecting the logs and then use eadm to design all the modeling and all these advanced capabilities runs on an open path which means you can plug and switch the components on the path layer to have the components that you prefer but platform universe by default offers database load balancers blockchains ai and other capabilities so that you can have your platform out of box and then of course we provide some front-end framework to help you to complete your implementation of your business and then on top of platform universe we offer lego lego stands for linear linearity enhanced government and orchestration this is our vision for the application architecture in the digital era but at the moment we have lego banking lego retail and lego healthcare in detail this is our offering in lego banking it consists of point of services that allows you to build all your channel apps to connect your services to the customer and then all the services connect to the platform through the open banking link in the open banking layer we have the gateways that allows the connectivity and we have the marketplace to forms the open ecosystems that allows participants to join in and then also to authenticate and then to onboard all the participants in terms of services capabilities instead of traditional concept of systems we organize them into different service scenarios we call it service orchestration media so on these days we offer different kind of business capabilities so that you can choose an exact business scenario that you want to tackle and then use the respective module to handle it you don't have to get a full system that's the ability of using microservices so we have onboarding e-wallet e-commerce credit card savings and loans and all this service illustration shares the common foundation of core modules in which pricing payment accounting is handled at the same time the information of product of customer and account are saved so this is we decoupled the services from the traditional concept application systems and we organize them into business service scenarios so that the banks can choose their options more wisely and this is our typical offering of a digital platform for banks it runs on our public cloud or on-prem solutions like fusion queue and then we have the pass layers to connect to the infrastructure and then using the passport layers to build micro services to monitor the life cycle of the whole business deployment and then on top of that we can offer e-wallet casa loan welfare investment cross-border solutions for the banks who will be interested in embracing the digital society this solution first announced in 2019 april and for the past one and a half year with the collaborative effort from both our forms we have introduced this solution to more than 50 banks across the globe and the more than 20 of them visit huawei or forms headquarters in shenzhen before coming 19 started and then we conducted multiple three weeks courses for multiple clients in person and all over the net for them to understand how this solution works and then more than 10 of them have already expressed the interest that they would like to further the collaborations and then we have already successfully signed the four contracts and then just three days ago the very first project of fintu went life in thailand so we believe that this is the future and we believe that finque can be your solution to all your challenges in the digital society for any size of financial institutions thank you