Synechron’s proprietary FinLabs serve as innovation hubs. We invest the time and conduct the research necessary to understand clients’ most pressing business challenges. Our experts then strategize cutting-edge technologies to solve these challenges.
We promote innovative ways to drive business efficiencies, support enhanced operations and accelerate their digital transformation. We ideate, engineer, and implement operational platforms, digital applications, and data science tools to empower the businesses we work with.
Stay ahead of the game in your Wealth Management division
Develop potent new solutions and produce well-informed investment plans by combining Artificial Intelligence, sentiment analysis, client behavioral targeting, historical data analysis, predictive analytics, and other strategies.
Offer new digital experiences to clients through gamification, augmented reality (AR) and virtual reality (VR), smart investor portals, engaging dashboards, transparent and personalized solutions, and enhanced automation.
Establish a transaction-generated fee structure and improve advisor incentivization. Evaluate the potential impact of fee changes vs. the likelihood of a positive or negative client relationship outcome. Offer transparency, benchmarking, and insight on advisory fees.
Closely monitor explicit and implicit client behavior and capture variations as regulations and company-specific rules evolve. Reduce compliance costs and prevent costly legal/compliance errors which lead to lawsuits.
Artificial Intelligence-enhanced solutions designed to automate and boost efficiencies of processes for better risk identification, management and mitigation across five critical and impactful business areas: supply chain, climate, regulatory implementation, KYC, and IT/cybersecurity risks.
Advanced data solutions that solve key challenges in the areas of data availability, privacy, sharing, quality, and useability to help financial institutions monetize their business data to realize tremendous value – develop new revenue streams, enable efficiencies at scale, and achieve novel market positioning.
Five innovative tools designed to add critical functionality, expand revenue opportunities, and increase the efficiencies of banks as they better navigate the new and future, emerging landscape.