Synechron introduces RiskTech.AI Accelerators for efficient financial risk management

Synechron introduces RiskTech.AI Accelerators for efficient financial risk management

Synechron, a predominant global digital transformation consulting firm, focuses its expertise on the financial services and big technology sectors.

Established as a leader in the industry, Synechron has today unveiled its latest innovation, the RiskTech.AI Accelerators program.

In an era of evolving business landscapes and associated risks, Synechron’s new program seeks to provide solutions that strategically harness the power of Artificial Intelligence (AI) and Generative AI (GenAI). Their primary goal is to enable clients to rapidly and effectively understand, address, and diminish these contemporary business risks.

At its core, Synechron believes in the transformative power of digital. As a global consulting firm, it fuses creativity and state-of-the-art technology to offer unparalleled digital solutions. Through its extensive services ranging from Artificial Intelligence, Digital, Cloud & DevOps, to Data and Software Engineering, Synechron caters to a myriad of prestigious financial services and technology firms. Their dedication to research and development, particularly within their Financial Innovation Labs, has produced modernisation solutions across a spectrum of areas including AI, Blockchain, and Digital Underwriting.

The RiskTech.AI Accelerators program comprises a set of five comprehensive solutions. These solutions are tailored to gauge potential business and loan portfolio risks in diverse areas. These areas encapsulate supply chain vulnerabilities, climate-related risks, regulatory and change management risks, Know Your Customer (KYC) investigations, and potential IT and cybersecurity threats.

The meticulously crafted RiskTech.AI Accelerators program stems from a collaboration between Synechron’s digital technology innovation team and its domain experts. These AI-augmented risk solutions aim to address the rising need in the financial services sector for refined methods to combat mounting risk challenges. By leveraging advanced AI techniques, the accelerator solutions ensure automated, efficient, and cost-effective risk mitigation strategies for businesses.

Synechron’s Co-founder and CEO Faisal Husain commented, “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 organizations identify, prioritize and quickly respond to business risk stressors.”

Additionally, Sandeep Kumar, Head of Synechron’s FinLabs and Accelerators programs, remarked, “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.”

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