Synechron Inc., a leading Digital Consulting firm for financial services, today announced that its Financial Innovation Labs, also known as Synechron FinLabs has been named as the winner of a Gold Stevie® Award in the category for Excellence in Innovation in Financial Industries in the seventh annual Asia-Pacific Stevie Awards.
Synechron’s Financial Innovation Labs (FinLabs) have promoted innovation as a culture in Synechron. The first FinLabs, was set up in Pune, India in 2016. Since then, FinLabs as an intrapreneurship program is making a significant impact on the entire FinTech industry. Synechron has 13 FinLabs globally in New York, Charlotte, Sunrise, London, Paris, Amsterdam, Dubai, Singapore, Pune, Hyderabad, Bangalore, Mumbai, and Serbia with 300 experts working on pathbreaking solutions called Accelerators.
Speaking about this win, Hareesha Pattaje, Managing Director and Country Head – India, Synechron said “Since its inception in 2016, Our Financial Innovation Labs (FinLabs) have always been at the forefront of promoting innovation-led culture at Synechron and won several global accolades and awards. Unlike other innovation labs that impart theory, Synechron FinLabs provides a practical experience that simulates real life business complexities for our clients, allowing them to experience focused and modern solutions, powered by Synechron’s digital R&D investment. It is more than just a collaborative space with access to the brightest minds using cutting-edge technology stack and providing transformative ideas. Our Accelerator solutions born in our FinLabs have always given us an upper edge to maintain our industry-first approach and work towards our client’s journeys for digital transformation. Congratulations to all the brilliant minds incessantly innovating at our FinLabs, helping our customers accelerate digital.”
This is the second consecutive Stevie win for Synechron. Earlier, we had won two Stevie® Awards for innovative work across Data Science and Marketing.
The Asia-Pacific Stevie Awards are the only business awards program to recognize innovation in the workplace in all 29 nations of the Asia-Pacific region. The Stevie Awards are widely considered to be the world’s premier business awards, conferring recognition for achievement in programs such as The International Business Awards® for 18 years.
Nicknamed the Steviesfor the Greek word for “crowned,” the winners will be celebrated during a virtual (online) awards ceremony on Tuesday, 22 September.
More than 1,000 nominations from organizations across the Asia-Pacific region were considered this year in categories such as Award for Excellence in Innovation in Products & Services, Award for Innovative Management, and Award for Innovation in Corporate Websites, among many others.
This recognition is testimony to the fact Synechron FinLabs has contributed to some of the most innovative solutions in the global Fintech spectrum till date. In the past couple of years, Synechron has left no stone unturned and we have developed solutions around AI, Blockchain, Data Science, InsurTech and RegTech.
Gold, Silver and Bronze Stevie Award winners were determined by the average scores of more than 100 executives around the world acting as judges in May and June.
“We are delighted that the seventh edition of the Asia-Pacific Stevie Awards attracted so many impressive nominations,” said Stevie Awards president Maggie Gallagher. “This year’s winning nominations are testament to the resiliency and innovation of organizations in the region, many of which continue to succeed despite the challenges of the COVID-19 pandemic. Although we are disappointed that we cannot stage the in-person awards banquet we had planned for Hanoi, Vietnam this year, we look forward to celebrating many of this year’s winners during our virtual awards ceremony on 22 September.”