Synechron today announced it has been named a winner in the 2019 BIG Innovation Awards presented by the Business Intelligence Group for its AI Data Science Accelerators.
Synechron’s AI Data Science Accelerators were developed following the success of its AI Automation Program – Neo. The Data Science Accelerators allow financial firms to apply predictive and causal models to solve financial services business challenges. The business cases addressed include investment research generation, predicting the next best action a wealth manager should recommend to an investor, predicting bank customer complaints to the Consumer Financial Protection Bureau (CFPB) most likely to be disputed, and predicting credit default risk on a home loan.
The fifth Accelerator program Synechron has launched in the last two years, these applications combine Synechron’s Digital, Business Consulting, and Technology expertise – its unique Power of 3 approach – to deliver transformative solutions that will help banks, asset managers, and insurance companies accelerate digital initiatives. These award-winning Data Science Accelerators are showcased in Synechron’s 12 Financial Innovation Labs (FinLabs) across North America, Europe, the Middle East and Asia-Pacific (APAC) along with over 50 other applications powered by blockchain, the internet of Things, Virtual Reality and the Cloud.
“Innovation is a key focus for Synechron, and we are honored to be recognized by The Business Intelligence Group for leading the industry with our Data Science Accelerators,” said Faisal Husain, CEO of Synechron. ”We work with the world’s largest banks and insurance companies, and they have entrusted us with guiding their businesses on how to apply emerging technology to their digital transformation roadmaps. This is a responsibility we take seriously.”
“This year’s winners show just how deep a role innovation plays in nearly every aspect of business,” said Maria Jimenez, Chief Operating Officer of the Business Intelligence Group. “We are thrilled to be honoring Synechron, as they are leading by example and making real progress on improving the daily lives of so many.”
Organizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions.