Synechron takes a step forward in its involvement with artificial intelligence in announcing the launch of its AI Data Science Accelerators. The platform consists of a powerful set of accelerators, aiming to help financial services, banking and insurance firms.
The accelerators integrate natural language processing (NLP), deep learning algorithms and data science to solve challenging business issues, while relying on a Spark and Hadoop platform to ingest and run correlations across data for testing hypotheses and making predictions for the future.
Faisal Husain, co-founder and CEO of Synechron, states that:
Digital Transformation is reshaping the financial services and insurance industries. Synechron is helping our clients to develop strategies to guide their businesses through this change. Our Data Science Accelerators provide a powerful causation platform and business-driven use cases for four very complex financial services challenges. Given the overwhelmingly positive feedback we received for our AI Automation program (Neo), I am confident that the industry is hungry for applied AI solutions and will benefit tremendously from this program.
Moreover, he says the company “will continue to use [its] FinLabs and unique ‘Power of 3’ approach which combines business knowledge, digital expertise, and technology delivery to develop transformative solutions for the world’s largest banks and insurance companies. This will help them to gain a competitive edge and to accelerate their Digital initiatives.”
Synechron is a fast-growing New York-based information technology and consulting company, specializing in the financial services industry. The company is particularly involved with capital markets, banking, digital and insurance.
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