[Kuala Lumpur, Malaysia, September 11, 2017] Silverlake Mobility Ecosystem, has announced that it will deploy its industry-leading FinTech product ‘Mobility Lifestyle Ecosystem Backbone’ (MLEB) on the REDtone Business-to-Business (B2B) Cloud that is based on Huawei solutions.
MLEB is a bridge to connect the FinTech world to the myriad of enterprise systems required to meet business goals. It is an advanced digital platform that supports multiple solution ecosystems, and is a collection of technology and application services within a single platform carefully orchestrated to provide an end-to-end user experience and engagement. With MLEB, enterprises can develop a series of FinTech innovations to provide customers with a better online experience. For example, they can sell digital, social, mobile, and wearable devices online or offline, and support secure e-Commerce systems for various situations.
Silverlake selected the REDtone B2B Cloud for two reasons. Firstly to meet security regulatory requirements on restrictions of cross-border financial data transfer that are imposed by the Malaysian government. Secondly to provide faster responses and better services relying on REDtone localized teams. REDtone is a veteran operator in Malaysia and has credible brand recognition. In addition, Huawei’s B2B cloud solution is based on OpenStack open standards without any risk of vendor lock-in. After MLEB is deployed on the cloud, service deployment and expansion can be accelerated, which will help Silverlake Mobility Ecosystem quickly respond to market demands and further enhance competitiveness.
Currently, the MLEB platform has been implemented for FinTech solutions with a number of banks in Asia. Additionally, forty percent of the top 20 largest banks in Southeast Asia run the Silverlake core banking solution. In the near future, based upon the MLEB platform, Silverlake Mobility Ecosystem will continue to help organizations embrace FinTech digital transformation. It will lead to mobile business innovation, improve convenience and customer loyalty, and drive enterprise productivity and accessibility.
Silverlake Mobility Ecosystem, REDtone, and Huawei will deepen cooperation in FinTech based on a B2B Cloud to optimize ICT ecosystems, show dedication to mobile transformation, lead a reform of mobile services, and create a win-win future.