Synechron Recognized as a Leader in FinTech & InsurTech Innovation

Synechron, global financial services consulting and technology services provider, has been recognized as a leader in FinTech and InsurTech innovation with 26 industry awards and accolades received in 2018 for its innovative work helping banks, asset managers, and insurance companies to Accelerate their Digital initiatives.

Over the past year, Synechron has drawn on its expertise in Digital, Business Consulting, and Technology to guide the Financial Services and Insurance industries on key Digital Transformation programs across Blockchain, AI Automation, InsurTech, RegTech, and Data Science as a strategic advisor and industry leader. The significance of these efforts has been recognized with Awards for Synechron’s innovation leaders, entrepreneurs and rising stars as well as its Innovation Labs, Accelerator Programs, and Client Projects.

Synechron’s executives have been recognized with global leadership awards including Entrepreneur of the Year for CEO and Co-founder Faisal Husain and wins at the Future Leaders Summit, CIO100 FutureTech Leaders, and Markets Media Market’s Choice Awards for its Executives. As an employer, the company was voted one of Silicon Review’s 50 Best Workplaces of 2018 and as one of Business Intelligence Best Places to Work in 2018. This combination of Leadership and Talent has allowed the company to guide the industry on Digital Transformation.

In 2018, Synechron continued to invest in Research & Development (R&D) to benefit banks, asset managers, and insurance companies through its Financial Innovation Labs (FinLabs) and to drive transformative, business-case driven solutions that guide digital transformation. Synechron’s FinLabs were included on CBInsights’ list of 30 Innovation Labs in Finance and Fintech Singapore’s Top 28 Fintech and Insurtech Innovation Labs in Singapore.

Synechron’s Accelerators which now include over 50 prototype applications, additionally, have received significant recognition from the industry with five new awards received, acknowledging their role in transformation legacy infrastructure and pushing ahead digital transformation. These include:

• The Markets Media Market’s Choice Awards “Best use of AI” for its Neo AI Automation Accelerator Program.
• The Commercial Insurance Award for the InsurTech Visual Risk Accelerator
• The ACORD Innovation Award for the Insurance Claims Processing Blockchain Accelerator
• The Data Management Awards Best Data Quality Partnership for RegTech
• The Business Intelligence Group’s PR & Marketing Excellence Awards “Campaign of the Year” for Synechron’s Blockchain Accelerators

These recent acknowledgements join a growing list of awards received over the last two years for Synechron’s Global Accelerators, which have led to industry-leading, award-winning projects in their own right, including Synechron’s work in partnership with R3 on the world’s largest global Know Your Customer initiative on blockchain built on Corda, which won the 2018 FinTech Breakthrough Awards.

“Synechron’s commitment to innovation and accelerating digital initiatives have been the main drivers of our continued success, but it would not be possible without Synechronites who make this work happen. It is humbling to receive such positive feedback from the industry on the impact we’re making for our clients,” said Faisal Husain, Co-founder and CEO at Synechron. “Given our commitment to innovation and applying emerging technology to financial services and insurance business problems, we’re focused on guiding our clients and the industry through 2019 and 2020 Digital Transformation strategies.”