Synechron forays into financial risk identification with RiskTech.AI

By Gloria Mathias

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.”