CHINASOFT INT'L (00354.HK) wins billion-level data modernization project from a leading Southeast Asian bank

NewTimeSpace News: On November 9, 2026, Chinasoft International Limited (00354.HK) issued a voluntary announcement stating that it has recently won a billion-level enterprise data modernization master integration project from a leading bank in Southeast Asia, supporting the client in consolidating its data foundation with a full-stack AI integrated digital and intelligent solution.

According to the announcement, the project will be migrated and upgraded based on Huawei DWS and will advance six core goals: building the enterprise's single trusted data source and unifying data standards across the business; strengthening a full-chain data governance system to complete capabilities in data quality, data lineage and data security control; lowering total IT cost of ownership through architectural iteration; and building a future-ready modern data platform that strongly supports AI evolution, while enhancing the capabilities of the core customer information framework GCIF. Upon completion, the client will have a unified and trusted data foundation that responds efficiently to evolving regulatory and compliance requirements and underpins AI applications such as intelligent risk control, intelligent marketing and data analytics.

The project adopts a software-hardware integrated master integration model, combining the company's decades of data migration and governance experience in the financial industry with Huawei Cloud's technological strengths to support the client's massive asset inventory, multi-system cutover and data migration. The company said the project marks a milestone breakthrough in its overseas financial track and a benchmark practice for its "finance + AI" strategy in the Southeast Asian market.