Synechron has recently announced that it has launced a new office and a Financial Innovation Lab to be located in Singapore.

With the new facilities, Synechron aims to improve both its appearance and strength in the Asia Pacific region. Partnering with its clients on interactive workshops concerning key digital strategies, including AI, Blockchain, Data Analytics and Regtech is also among the goals of the company.

Mihir Shah, Head of Synechron APAC stated “The APAC region is a huge center for financial services innovation, and with our new FinLab, we will be able to accelerate banks’ digital transformation journeys to include even more emerging technologies such as AI and data science, machine learning, Blockchain and more. We will also be able to create new solutions and further innovation to areas like banking, user experience, and wealth management.” On the other hand, Faisal Husain, Co-founder and CEO of Synechron said “Innovation and emerging technologies, and particularly their use in financial services, are evolving every day, and digital services are a large part of that. We are committed to expanding our global footprint to accelerate the digital transformation journey for banks and financial services firms, and our expansion to the APAC region is a strategic one.” He added: “Our FinLab in Singapore will allow us to innovate with banks and will play a vital role in Synechron’s ‘Accelerating Digital’ strategy to be the leading digital FS consultancy.”