Synechron Paves The Road For BFSI Industry’s Progressive Journey Through Innovation & Digital Transformation – Times of India

The main digital transformation consulting agency helps a number of monetary providers firms embrace new-age applied sciences.

According to a latest report by Allied Market Research, the worldwide digital transformation within the BFSI market is projected to achieve $164.08 billion by 2027, rising at a CAGR of 15.four p.c from 2020 to 2027. It was valued at $52.44 billion in 2019. Keeping with the development, a number of BFSI majors are adopting superior applied sciences comparable to AI, knowledge science, ML and cloud as a part of their digital transformation journey. Synechron, a number one digital transformation consulting agency targeted on the monetary providers trade, has within the final 20 years, helped a number of world monetary providers and insurance coverage firms speed up their digital initiatives with its cutting-edge options. Synechron’s experience lies in delivering end-to-end digital, consulting and expertise improvements with confirmed capabilities in capital markets, wealth administration, digital funds, cognitive studying, asset administration, insurance coverage, and credit score danger. The trade is quick shifting in the direction of cloud enablement, knowledge engineering and analytics, automation, platform modernization, API implementation and buyer expertise (UI/UX), which Synechron has deep experience with. Its consultants are adept in rising applied sciences comparable to ML, Robotic Process Automation, NLP/NLG, Chatbots, Blockchain, Cloud Engineering, Data Science and AI.

Synechron’s 13 Financial Innovation Labs (FinLabs) – positioned throughout the globe — carry collectively newest applied sciences to assist purchasers expertise the true energy of digital, first-hand. The FinLabs carry throughout prototypes in order that one can know the way they are often utilized to area particular monetary providers. The choices from Synechron’s FinLabs embody the next eight areas through breakthrough accelerator options – Blockchain, AI Automation, InsurTech, RegTech, AI Data Science, Wealth Tech, Digital Ecosystems, and Make investmentsTech. The digital-forward, fully-equipped FinLabs have promoted the innovation tradition at Synechron. The innovation journey of a Synechron worker begins on day one. Employees get a walkthrough of Finlabs throughout induction and later they’re launched to hackathons, digithons, and thought financial institution workshops to advertise recent concepts and innovation-led packages.

The firm is rising quick and searching for world expertise to steer and help its enterprise commitments. Synechron is hiring throughout roles, ranging from Associates to Architects, Agile Coaches, and Product Owners round numerous expertise and applied sciences. During the pandemic, whereas most organizations stalled their progress plans and went on a hiring freeze, Synechron purposefully bucked the development. It sealed two essential acquisitions and ramped up its hiring plans. It acquired Attra, a number one pure play funds options supplier, to enhance Synechron’s digital, consulting, and expertise providers. Attra has end-to-end choices throughout 4 key trade verticals – FI and fee firms, third-party fee processors and fee gateways, retailers, and next-generation funds. The acquisition has helped Synechron strengthen its expertise capabilities by Attra’s core expertise horizontals targeted on fee & banking platforms; clever automation; IT infrastructure & cloud; UI/UX, mobility & channels; and knowledge administration.
By buying Citihub Digital, a London and New York primarily based expertise consulting agency for the monetary providers trade, Synechron strengthened its capabilities throughout the digital enterprise. Citihub Digital’s robust deal with software modernization, cloud enablement, cybersecurity and working mannequin transformation is an additional benefit.

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Due to its employee-friendly insurance policies and optimistic work tradition, Synechron has emerged a consecutive three-time winner of Best Place to Work Awards (2020, 2019 and 2018) and featured within the TOP 10 Best Multinational Workplaces within the Great Places to Work Awards (2021, 2020, 2019 and 2017). It was additionally named a finalist on the US Fintech Awards 2021 within the Best Employer class.
Hareesha Pattaje, Managing Director & India Delivery Head, Synechron, expresses his delight, “By winning several industry awards and sealing crucial alliances and partnerships, Synechron has become a force to reckon with in the financial services industry. Currently, we are working with 9 out of top 10 world’s leading banks and experiencing exponential global growth. To cater to our upbeat hiring plans, we are banking on India’s rich talent pool with deep hybrid skills. We are providing challenging global opportunities along with benefits at par with industry. The only way ahead is onwards and upwards!”

Synechron has strengthened its Diversity, Equity and Inclusion initiatives and in addition secured studying partnerships to assist workers improve their data with skilled certifications. The firm has intensified its search to rent folks with robust technical & area data, and is specializing in recruiting consultants with four to 10 years of expertise. Professionals who’re professional in Java Full Stack, Angular/ React, Cloud & DevOps, or are Data Engineers, UI/UX Specialists, Automation Engineers or Business Analysts, ought to apply for a rewarding profession.
“At Synechron, our employees are our biggest partners in growth. We have aced at our employee engagement by providing various mental & physical wellness programs, Diversity, Equity and Inclusion initiatives, CSR causes, and exclusive training and development opportunities. Our innovation-led approach and employee-focused strategies truly assert our global, award-winning work culture,” says John Gaunt, Chief Human Resources Officer, Synechron.
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Disclaimer: Content Produced by Synechron


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