IT firm Synechron brings AI solutions suite for the enterprise

Synechron, an IT and digital transformation consulting firm that serves financial institutions, announced on Tuesday the launch of its Synechron Nexus suite, consisting of nine Artificial Intelligence (AI) solutions aimed at the enterprise.

Synechron, which has over 100 clients in the financial industry worldwide, currently operates 48 offices across 19 countries. The company is now adopting a more region-centric organizational framework to streamline operations and unlock synergies. With expertise in AI, consulting, digital, and software engineering, Synechron considers India a key market for talent acquisition. The company has 16 offices in the country, including three in Pune and the rest in Bengaluru, Kolkata, Mumbai, Chennai, and Hyderabad. Out of its 14,500 employees based in North America, the UK, Europe, the Middle East, and APAC, over 10,000 are based in India.

The suite of generative AI-led solutions, many of which were built in India, is designed to bridge the gap between human expertise and AI. These solutions enable users to automate manual tasks, increase project speed, drive operational efficiencies, and reduce costs across various key business tasks, according to the company. For instance, Synechron Amplifai, a GenAI-powered market research solution, includes automated research capabilities that save significant time in a wide range of use cases. Synechron Clarifai, on the other hand, is a tool for summarizing and analyzing call-center transcripts. Synechron Simplifai centralizes project portfolio data and metrics for streamlined executive decision-making.

Prabhakar Srinivasan, Co-head of Synechron’s AI Practice in Bangalore, India, commented, "The Large Language Models used learn over short spans of time how to optimize each firm’s proprietary information, thereby boosting productivity and allowing businesses to realize time and cost savings as they optimize tasks."

The company has also developed domain-specific solutions. For example, Synechron Unifai is an AI-driven HR solution designed to simplify interactions between company HR functions and employees, such as policy information and employee-specific payroll details. The company has also launched a toolkit to optimize timelines, minimize costs, and automate practices across the Software Development Lifecycle (SDLC), among others.

Faisal Husain, Synechron’s Co-founder and CEO, said, "AI and GenAI-rich tools are not just ideas we offer to our clients, but key process accelerators that we ourselves at Synechron are deploying across our company, as we offer ways to integrate the benefits of this technology with human expertise."

Founded in 2001, Synechron has a strong engineering, research, and development (ER&D) base in India and is strengthening its presence in the country. In November, the company announced the promotion of two executives, May Yang and Mihir Shah, to the positions of President for North America and President for EMEA, APAC, and India, respectively. Both May and Mihir have played crucial roles in shaping the firm's trajectory and are well-equipped to drive Synechron forward in its next phase of growth, the company said.