A LEADING
TRANSFORMATION CONSULTING FIRM www.synechron.com 01 | Synechron | Corporate Overview
about us
New York $650 M+ Synechron is a leading Headquartered Privately Held and digital transformation Self-funded consulting firm focused on the financial services industry and is working 11,000+ 22 to Accelerate Digital Team Members Global Locations initiatives for banks, asset Globally managers, and insurance companies around the world. 200+ Vertical Synechron uniquely delivers these firms an Marquee Clients Focused only on end-to-end Digital, Consulting and Technology Financial Services capabilities with expertise in wholesale banking, wealth management and insurance as well as emerging technologies like Blockchain, Artificial Intelligence, Machine Learning, Cloud Engineering and Data Science. Power of 3 Specialists Digital | Business Digital Innovation Consulting | Technology & Transformation
Scan the QR code to learn more about us Synechron Headquarters at 11 Times Square, New York 02 | Synechron | Corporate Overview
our value proposition - Power of 3
Synechron’s Power of 3 approach packs that unique competitive edge that is a necessary thrust DIGITAL BUSINESS TECHNOLOGY e digital landscape CONSULTING An application is only as good as its architecture and engineering. to propel your business changes every day. Change is intricate. Our highly skilled developers We’ll make sure you keep up. journeys ahead. Our experts will help guide you through it. help you bring it to life.
Our financial expertise and out-of-the-box edge, equips us to • tackle our clients’ problems from any vantage point with • Experience Design Enterprise Strategy, Architecture • Technology Consulting • Deployment and DevOps and Transformation • Application Development great depth. Synechron combines the “Power of 3” - business • Emerging Technology • Client Experience and Lifecycle • Automation process knowledge, digital design and core technology Frameworks Management • Enterprise Architecture & Cloud delivery excellence - to drive transformative solutions. • InvestTech • Data Science, Engineering and • Quality Assurance • Digital Ecosystem Governance • Systems Integration Our unique ability to provide an end-to-end approach, • Wealth Tech • Regulatory Change and Compliance • Data & Analytics from business consulting through technical development to • AI Data Science • Finance and Risk Transformation • IT and Database Support digital enhancement empowers us to deliver solutions to • RegTech • Innovation Management • Microservices and API some of the toughest business challenges. • InsurTech • Program Management Services Development • AI Automation • Business Process Management • Blockchain
Digital
Power of 3 Technology Business Consulting
To know more please To know more please To know more please scan the QR code scan the QR code scan the QR code 03 | Synechron | Corporate Overview
Experience Design
• Understand digital strategies • Develop user-centric experiences • Transform client’s business operations and applications our value proposition Digital Deployment Digital Innovation and DevOps
for the future of • Digital transformation for clients • Covers everything from mobile application Financial Services development, to video prototyping to enterprise cloud strategies Synechron’s Digital team is helping our clients to stand at the forefront of Digital innovation by providing Strategies that address both business and user needs.
Emerging Technology Frameworks
• Blockchain • AI Automation • InsurTech • RegTech • AI Data Science • Wealth Tech • Digital Ecosystems • InvestTech 04 | Synechron | Corporate Overview
our value proposition
Trend Methodologies Publications & Analysis & Approaches Point of Views Business
Conferences & Training & Consulting Roundtables Education Consulting our clients on how to
Accelerate Digital Core Global Practice Areas We ace at our game and we ensure you ace at yours too! We delve deep into the root cause of your business complexities to understand and activate necessary solutions. For facilitating business consulting, we have dedicated teams in place who Enterprise Strategy, Client Experience Data Science, develop, maintain, distribute, and educate on all key Architecture and and Lifecycle Engineering Transformation Management topics in financial markets today. ese practices and Governance support all our projects with content, trends, methodologies, best practices, and the practical translation of industry-wide topics. Our global team of consultants includes strategies, business analysts,
regulatory experts, risk professionals, data officers, Regulatory and IT consultants who work closely with our Change and Finance & Risk Innovation Management technology and digital teams to deliver our clients Compliance Transformation end-to- end projects. We are consulting our clients on both run the bank and change the bank initiatives that will increase operational efficiency as well as transform business operating models.
Program Management Services 05 | Synechron | Corporate Overview
our value proposition
Technology Technology Applied to Complex Financial Services Challenges Synechron draws on over 18 years of financial services IT consulting experience to provide expert systems integration expertise and technical development work in highly-complex areas within financial services. 06 | Synechron | Corporate Overview
our value proposition
Technology
Technology Application Quality Systems Data & Consulting Development Assurance Integration Analytics
We have a strong team of financial services We believe in developing applications that QA innovation must maintain the pace to Synechron is one of the world’s leading We believe in developing applications that consultants who can tackle our clients’ advance our clients’ digital strategies. We keep down costs, avoid bottlenecking and Systems Integrators for specialist technology advance our clients’ digital strategies. We toughest technology problems. Our work with clients to build highly- uphold the industry’s minuscule margin of solutions, with dedicated Centers of work with clients to build highly- technical business analysts understand customised applications and to shift their error. rough advanced methodologies Excellence (COEs) for Murex, customised applications and to shift complex business needs and create and development practices to Agile. Our and innovative approaches such as Calypso, Finastra and Prima Solutions. Our their development practices to Agile. Our implement practical Target State Application Development services include Combinatorics and Synechron’s SYNE COEs are known for world-class delivery and Application Development services include Architectures. Architecture & Design, Development, Intelligent Process Automation testing tool, aggressive training programs for our Architecture & Design, Development, Performance Engineering, Maintenance & we can perform QA faster, more efficiently consultants, for example, our Calypso Performance Engineering, Maintenance Production Support, and Migration & and effectively. Campus and Murex Academy. Our trained & Production Support, and Migration & Application decommissioning. experts have experience across front and Application decommissioning. middle, back-office, risk and accounting applications across all asset classes.
Automation Enterprise IT and Database Microservices Business Architecture & Cloud Support & API Development Process Management We help deploy the latest evolutions in automation and provide end-to-end automation services, backed by our Robotic We work with clients to enhance, We help deploy the latest evolutions in We work with clients to enhance, QA innovation must maintain the pace to Process Automation (RPA). Our automation restructure, migrate, and develop automation and provide end-to-end restructure, migrate, and develop keep down costs, avoid bottlenecking and practice is made up of four primary service architectures to support their automation services, backed by our Robotic architectures to support their uphold the industry’s minuscule margin of offerings: Consulting, Managed Services, transformation and innovation initiatives. Process Automation (RPA). Our automation transformation and innovation initiatives. error. rough advanced methodologies Engineering Services and Sytorio where we Our Cloud services include Software-as-a- practice is made up of four primary service Our Cloud services include Software-as-a- and innovative approaches such as focus on Cognitive Robotic Process service, Platform-as-a-Service and, Internet- offerings: Consulting, Managed Services, service, Platform-as-a-Service and, Internet- Combinatorics and Synechron’s SYNE Automation (CRPA). as-a-Service with large-scale enterprise Engineering Services and Sytorio where we as-a-Service with large-scale enterprise Intelligent Process Automation testing tool, strategy and migrations, developing and focus on Cognitive Robotic Process strategy and migrations, developing and we can perform QA faster, more efficiently maintaining cloudbased infrastructure, and Automation (CRPA). maintaining cloudbased infrastructure, and and effectively. transitioning to Serverless computing transitioning to Serverless computing models. models. 07 | Synechron | Corporate Overview
industry partner
Systems • Partner since 2008 • Partner since 2006 • Partner since June 2017 • Partner since 2014 • Partner Status: Alliance Partnership the • Partner status: Global Calypso • Partner status: Premier Select • Partner status N/A Integration highest level of partnership in Murex Alliance Partner • Products supported in scope of • Areas supported Modules: • Areas Supported: Front to Back to Risk • Areas supported: partnership: FusionCapital Portal, Policy, Billing & and Accounting • Front-to-Back-to-Accounting • Summit, FusionCapital Sophis, Claims. Role: BA, QA, Dev, Project Manager, Scrum • Cross assets and cross modules: • Cross-Asset FusionBanking Loan IQ, Fusion We Partner with Banking TI+ Master • Implementation • Phases: • Additionally, Synechron is also • Upgrade ◦ Implementation & Extension supporting: FusionCapital Kondor, Key point of differentiation: Leaders, to Lead • Capacity Management ◦ Upgrade FusionCapital Opics, FusionRisk & • Cloud ◦ Testing as a Service Fusion GPP • Historical partner, European the Industry. • Support ◦ Application Maintenance • Scope of services include: Delivery Center, Training capacity • Testing factory ◦ Application Support ◦ Capacity Management • Health Check ◦ Capacity Management ◦ Managed Services including • Config Management ◦ Health Check & Audit Run the Bank (application ◦ Prestudy & Advisory maintenance application support…) and Change the ◦ Rationalization Key point of differentiation: Bank (implementation, upgrade …) Key point of differentiation: • A large, global pool of highly talented ◦ Bespoke Consulting Murex Experts Xasset and Xmodules • A large, global pool of highly • Nearshore and offshore delivery centers Key point of differentiation: in Serbia, Canada and India. talented Murex Experts Xasset and Xmodules • e Highest level of partnership with • Nearshore and offshore delivery • Dedicated services Murex Alliance Partner since 2008 centers in Serbia, Canada and complementary to Finastra offering: automated UI testing • Synechron’s Murex Center of Excellence: India. (Summit, Sophis, Loan IQ), A strong practice recognize by Murex • e Highest level of partnership archiving (Summit) with Murex Alliance Partner since • Synechron’s Murex Academy: A real in- 2008 • Mix-shore delivery model house training institution • Synechron’s Murex Center of Excellence: A strong practice recognize by Murex • Synechron’s Murex Academy: A real in-house training institution 08 | Synechron | Corporate Overview
our finlabs overview e breakthrough technology solutions from Synechron’s FinLabs encompass the following:
Your digital innovation hub!
Synechron’s Financial Innovation Labs (FinLabs) act as an innovation hub - allowing our clients to reap the benefits of Synechron’s digital R&D investment and scale transformative ideas with access to the brightest minds using cutting-edge technology. Synechron combines the “Power of 3” – business process knowledge, digital design and core technology delivery excellence - to drive transformative solutions. Here, clients can touch and feel the latest digital technologies and be energized and inspired to develop transformative solutions for their businesses. is allows them to understand, relate, adopt and deploy new technologies faster, quickly solve critical business issues, and make better decisions with deep insights. Visitors can do everything from role-playing the customer journey through a typical digital engagement scenario in order to understand the impact of beacons, drones, biometric authentication and virtual reality, to prototyping around new technologies like Blockchain, Artificial Intelligence, InsurTech, RegTech, Wealth Tech, Invest Tech and more. Our FinLabs have facilitated many Hackathons, Digithons, and Idea Bank workshops across Synechron. With over 70 + Accelerator Solutions, 8 Innovation Programs, and 24+ global awards, Synechron’s FinLabs, have been acknowledged for our innovative work across the Fintech industry. 09 | Synechron | Corporate Overview
our finlabs overview
13 70+ Global Accelerator Locations Solutions
8 27 Innovation Global Programs Awards
300+ FinLabs Experts Globally
Amsterdam London Paris Novi sad New York Dubai
Charlotte Hyderabad Fort Lauderdale Pune Bengaluru
Singapore 10 | Synechron | Corporate Overview
synechron’s accelerator solutions
InvestTech Digital Ecosystems Applying design, data Co-creating value with science & AI and engineering industry participants in the to build industry-driven customers value chain to buy-side innovations transform the banking
e buy-side industry is changing, and experience innovation must be top of the agenda. We Synechron’s banking and insurance clients are believe there is immense untapped potential seeking new sources of growth and an for transformation across the global improved return on equity in mature markets, investment management and asset whilst their customers digital expectations management communities. Businesses need continue to grow. Ecosystems business to rethink, redesign and reinvent themselves models orchestrate value-add components to become future-ready. from multiple firms to deliver customized, convenient and proprietary customer solutions on an open architecture platform.
ESG Booster WillPower Digital Compliance Treasury-as-a-Service Open Digital Home Ownership Sustainable Finance Investments: Banking Powered by Sustainalytics
VisualRE 360+ Margin Call Automation Smart Desktop Network on Symphony Interoperability on OpenFin
To know more about Synechron’s To know more about Synechron’s InvestTech Accelerator program, Digital Ecosystems Accelerator please scan the QR code program, please scan the QR code 11 | Synechron | Corporate Overview
synechron’s accelerator solutions
Wealth Tech AI Data Science Applying Technology to AI Data Science Wealth Management’s Accelerators for Most Persistent Problems the BFSI sector
Synechron’s WealthTech Accelerators empowers wealth management firms with technology that streamlines Synechron’s banking and insurance clients are and enhances their offerings, supporting the full wealth seeking new sources of growth and an management client lifecycle from prospecting and improved return on equity in mature markets, acquisition, through to onboarding, relationship whilst their customers digital expectations management, client engagement, support, and advice. continue to grow. Ecosystems business Synechron applies its Digital, Business Consulting and models orchestrate value-add components Technology expertise to deliver Wealth Tech Accelerators that tackle pain points of clients. e from multiple firms to deliver customized, Accelerators also provide solutions that enable real- convenient and proprietary customer time, dynamic pricing insights, smart statements and a solutions on an open architecture platform. VR-powered wealth journey.
Client Prospecting Client Onboarding Efficient Suitability Visual Research Informed Investing Syn-AI
Pricing Insights Asset Tokenization Smart Statements Parts 1 and 2 Credit Risk Customer Complaints Granger Causality Management
To know more about To know more about Synechron’s AI Synechron’s Wealth Tech Data Science Accelerator program, Accelerator program, please scan the QR code VR Wealth Journey Relationship Management please scan the QR code Dashboard 12 | Synechron | Corporate Overview
synechron’s accelerator solutions
RegTech InsurTech Accelerators focusing on the Addressing the Top Regulatory Compliances Challenges Facing the within the FinTech industry. Insurance Industry Today
Synechron’s RegTech Accelerator program allows Financial Institutions to Take Synechron’s InsurTech Accelerators utilize Control, Be in Control, and Demonstrate emerging technologies like Blockchain, Control of regulation through better Artificial Intelligence, e Internet of defined, documented and auditable digital ings (IoT), Mobile, Customer Experience operations. Design and other approaches and help to solve the top challenges facing the insurance industry today.
KYC Remediation Capital Walk Forward Intelligent Controls Testing Blockchain Cognitive Machine Robotic Process Learning Automation (RPA)
Accounting Standard Fundamental Review of Information Governance Normalizer the Trading Book (FRTB) & Records Management Mobile Solutions Customer Experience Internet of ings(loT) Design
To know more about Synechron’s To know more about Synechron’s RegTech Accelerator program, InsurTech Accelerator program, please scan the QR code please scan the QR code 13 | Synechron | Corporate Overview
synechron’s accelerator solutions
Artificial Blockchain Intelligence Distributed Ledger solutions for Financial Artificial Intelligence & Services Analytics– Applications for Synechron’s Blockchain Accelerators the Financial Services are working applications that will show you how blockchain can solve real-world Industry operational problems. Synechron has identified six aspects of AI where it has built over a dozen solutions that allow financial institutions to enhance business operations, reduce operating costs and create better client experiences.
Natural Language Processing Robotic Process Cognitive Machine Trade Finance Know Your Customer (KYC) Smart Margin Calls (NLP) and Generation (NLG) Automation (RPA) Learning
Data Science Chatbots Robo-Advisor Mortgage Lending Insurance Claims Processing Global Payments
To know more about Synechron’s To know more about Synechron’s Artificial Intelligence Accelerator Blockchain Accelerator program, program, please scan the QR code please scan the QR code 14 | Synechron | Corporate Overview
Key Delivery Locations
Multi-location engagement delivers best skills/cost mix on a sustainable basis
New York, Charlotte Fort Lauderdale, London, Pune / Mumbai / Novi Sad, Paris, Amsterdam, USA USA USA UK Bengaluru / Chennai / Serbia France e Netherlands Hyderabad, India
200+ employees in Novi Sad 150+ consultants 100+ consultants Located in Times Square, in 500+ consultants spread Dedicated Associate Synechron’s London office Dedicated Delivery the heart of NYC and close to across charlotte region Development Program (ADP) is based in central London Management structure our Tier 1 clients to hire talent available from within walkable distance Projected growth to 500 ensures the team operates A brand new office based Matured and growing universities such as Broward, from major tube stations employees in the next 2 Yrs. Dedicated Associate as a global “virtual team” near the Champs-Elysées Business Consulting Offering, Florida State University, FIU, 70+ employees working Development Program (ADP) developing Technology and Rutgers, Miami, etc. Synechron Innovation from our global HQ with collaboration with 8 150+ seater development Digital capabilities in own 4000+ strong cross-asset projects being executed from Finlabs center with the latest universities centre location capital markets practice Serbia developments in financial Successfully trained and 250+ employees in the across India locations technology deployed many developers tri-state area Availability of Domain Boardroom with video Local Centre of Excellence on Synechron works with Tier 1 for large investment banks specialists with Techno- conference facilities for daily Full Stack Java with Banks, Asset Managers and Account-based Training / SI practice with 4 Centers of Functional expertise across huddles • Full Stack Java with Insurance companies within Working with top 4 / 5 University model for effective Excellence (Calypso, Finastra, trade life cycle Retail banking and insurance .net Angular / ReactJS this region Investment Banks skill building Murex, Prima Solutions) clients • A.I / Machine Learning Matured “Power of 3” • Data Science Synechron works with offering supporting client Comprehensive training 50 employees in Canada Secure facilities with both Strong relationship with our Tier 1 Banks and Asset Low-cost development centre needs across Digital, budget, focusing on skills, logical & physical project Innovation focused and European Delivery Center in Management firms within Business Consulting and content knowledge and segregation strong delivery capabilities Novi Sad (Serbia) Around 100 employees in this region Technology Consulting personal development Synechron FinLabs to development centre. Nashville, TN accelerate digital innovation Growth planned from 6,000 Personalized monitoring FinLabs centre with focus on projects Provision to create a secured Successfully trained and A brand new office in the FTE to 10,000 of skills development innovation project area deployed 130+ developers middle of all the big banks in A cutting-edge Synechron (technical/functional for large financial services Amsterdam FinLab showcasing trainings: Calypso Campus, A cutting-edge Synechron clients. Innovations in Blockchain, AI Murex Academy, Finastra A cutting-edge Synechron FinLabs at Pune, Bengaluru and more University and Prima Boot A flat and approachable FinLab showcasing and Hyderabad showcasing Strong capabilities in Camp) organization Innovations in Blockchain, AI Innovations in Blockchain, AI, Systems Integration (30+ Architecture consulting and more RegTech, Wealth Tech and Experts in Calypso and practice more Murex). Primary clientele are French FinLabs center with focus on investment banks and innovation Seasoned delivery Data Engineering capabilities financial services clients management (10+ experts on Hadoop, using partner technologies Scala/ Spark) 15 | Synechron | Corporate Overview
Innovation Partners
synechron’s partnerships
Systems Integration Partners roughout its growth story, Synechron has strengthened its expertise across verticals to ensure it has experience in the most cutting-edge technologies and platforms. We Partner with Technology Partners Leaders, to Lead the Industry. 16 | Synechron | Corporate Overview
awards & accolades
Prestigious Laurels for Synechron Innovation Work Prestigious Corporate Awards & Recognition
US FinTech Award 2021 Synechron has been recognized as Best Places to Work Award for three Big Innovation AI Excellence e Asset Triple A Award Synechron, Inc. was recently Synechron’s Accelerators win Won in the ‘Team of the year’ a Great Place To Work 2021, 2020, consecutive years - 2020, 2019 & 2018 Award 2021. Winner in the Won in the ‘Best in Digital featured as the Largest Privately the Big Innovation awards for category & Nominated in the 2019 & 2017- Best Workplaces in ‘Natural Language Collaboration Project’ Held Companies in the Crain’s three consecutive years from ‘Best Employer’ category. the Netherlands Processing’ category. category. New York Business 2020. e list 2019-2021. features companies on the basis of annual revenues, business InvestTech - 2021, Digital operations and size. Ecosystem - 2020, AI Data Science - 2019
2019 and 2020 We Are e City Rising Synechron UK has been recognised as a Finalists for the 2020 UK FinTech Awards Star Awards winners and finalists in Finalist in the British Bank Awards 2020 in as Team of the Year for our work on the the insurance, technology and gender the “Consultancy of the Year” category LIBOR Accelerator and Rising Star for our Synechron’s AI Data Science employee excellence equality categories. Synechron FinLabs wins Gold e Next 100 Global Awards Decade of Excellence Team won the Tech Innovator Stevie at Asia-Pacific Stevie 2020 -Technology at the Technology Europe 2020 of the year- Services Awards Awards 2020 For Excellence 2020 Global Banking & 2019 in innovation in Finanacial Finance Awards! industries
Synechron FinLabs featured in the CB Synechron FinLabs featured in the Top 28 Winner of the Best Innovation Award Insights 30 Corporate Innovation Labs In Fintech and Insurtech Innovation Labs in Synechron is Finance Synechron won the award Synechron Co-founder and CEO, US Blockchain Lead, Tim Coates, shortlisted for FSTech Singapore for Continuity Insurance Faisal Husain, wins the FinTech Wins 2018, Rising Star Award. Awards 2018 for Best and Risk (CIR) magazine’s Person of the Year and Synechron’s Use of Mobile Synechron's Blockchain InsurTech category at the Blockchain Accelerators win Accelerators Wins the 2017 2018 Commercial Insurance the Best Distributed Ledger Markets Media Award for Best Awards. Technology (DLT) Initiative of the New Initiative. Year by FTF News Synechron wins the 2018 Best Case Synechron CEO & Co-founder Faisal Hareesha Pattaje, Managing Director - Study Award by ACORD for Insurance Husain wins the 2018 Entrepreneur of the Technology and Country Head -India at Blockchain Accelerator Year award Synechron wins the Prestigious CIO100 FutureTech Leader Award 2018 Synechron Sr. Director of Technology & Blockchain COE Member awarded with ‘Innovative Leader of the Year’ Award for Synechron wins Best Synechron’s Blockchain Synechron’s self-sovereign Synechron wins the Public Insurance Software of the his contribution in Blockchain. Accelerators win two awards KYC LEIA2 DLT project Award in the Distributed Ledger Year Award for it’s Blockchain - Best Distributed-Ledger with R3 wins 2018 Best in Technology (DLT) - Blockchain and Accelerator Technology and Best Use of the Blockchain Award category at Dutch FinTech Awards Agile Methodology 2017
Umesh Bhapkar – Head Synechron is featured in the Synechron wins the 2017 Synechron listed in the Inc. 5000 of IT at Synechron wins 2018 50 Best Workplaces of Happy At Work award as One of the Fastest-Growing the Innovative CIO the Year in US Private Companies in the US for e Synechron team receives 3 Synechron wins Mobile Star Awards Synechron wins the ACORD Innovation award Awards 2018 the Fifth Time place at the Blockchain Virtual GovHack - 2017, 2017 for Best Auto Application ‘DRIVE’ at ACORD 2017 for Visual Risk Accelerator and the biggest ever international hackathon on at ACORD 2016 for Blockchain and blockchain organized by the UAE government MyPosessions App Global Footprint
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