back Back

Synechron forays into financial risk identification with RiskTech.AI

By Gloria Mathias

October 27, 2023

  • AI
  • Artificial Intelligence
  • Climate Risk Stress Test and Analysis (“CRiSTAL”)
Share

Synechron, Risktech.AI, Artificial Intelligence, GenAI, AI, Financial Crime, Financial Risk, RiskTech, RegTech, Risk Management, Synechron, a global digital transformation consulting firm focused on financial services, has announced the launch of its RiskTech.AI Accelerators program.

The program offers a suite of solutions that strategically integrate Artificial Intelligence (“AI”) or Generative AI (“GenAI”) tools to enable Synechron’s clients to identify, understand, address, and mitigate critical modern business risks rapidly and efficiently.

The new RiskTech.AI Accelerators program was crafted through the collaboration of Synechron’s digital technology innovation team members and its domain experts, working together across 13 global Financial Innovation Labs (“FinLabs”) that serve as innovation hubs.

These AI-powered risk solutions were developed to respond to the growing need of multiple financial services organizations to find better ways to tackle increasing risk challenges, greatly aided by leveraging advanced AI techniques and methodologies. Synechron’s RiskTech.AI accelerator solutions were crafted to automate and drive more efficient and cost-saving processes for use within a firm’s rapid risk mitigation efforts.

RiskTech.AI Accelerators program solutions include Supply Chain Risk Insights, Climate Risk Stress Test and Analysis (“CRiSTAL”), Regulatory Implementation Optimizer, KYC Risk Investigator and IT Risk and Control Contextualizer (“iTRACC”).

Faisal Husain, Synechron’s Co-Founder, and CEO said, “As big believers in the power of advanced technologies, we’re pleased to have developed our new RiskTech.AI Accelerators program. It features critical new approaches and imbedded AI-enriched innovations to help organisations identify, prioritise, and quickly respond to business risk stressors.”

Sandeep Kumar, Head of Synechron’s FinLabs and Accelerators programs, shared, “Multiple risks can have a severe financial impact and lingering business consequences for financial services firms. We have responded with a new set of RiskTech.AI Accelerators; advanced technological innovations that can assist businesses to find, gauge the possible depth and breadth of, and quickly respond to important risks.”

Previous Article

October 27, 2023

Sopra Banking Software & HandSome unite to expand financial inclusivity for the disabled

Read More
Next Article

October 27, 2023

Nequi taps TerraPay for international remittances in Colombia

Read More






IBSi Daily News Analysis

June 13, 2024

AI

Are payroll and financial statement fraud dual challenges facing UK SMEs?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 13, 2024

4 Cybersecurity firms using AI to thwart financial crime in the UK

Read More

June 13, 2024

BCT Digital and FPT akaBot team to fuel digital innovation in SEA

Read More

June 13, 2024

Trustly launches new AI-powered recurring payments solution

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023