Synechron Finlabs Wins Gold Stevie Award in 2020 Asia-Pacific Stevie Awards Monday, July 27, 2020 - New York, London, Paris, Amsterdam, Dubai, Singapore and Pune
Recognized in the category for Excellence in Innovation in Financial Industries
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 Stevies for 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."
About the Stevie® Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.
Sponsors and partners of the 2020 Asia-Pacific Stevie Awards include Adobo Magazine, BRComm, PR Newswire Asia, and the Korea Business Communicators Association
Headquartered in New York and with 18 offices around the world, Synechron is working to Accelerate Digital initiatives for banks, asset managers, and insurance companies around the world. Synechron uniquely delivers these firms an end-to-end Digital, Consulting and Technology capabilities with expertise in capital markets, wealth management and insurance as well as emerging technologies like Blockchain and Artificial Intelligence. This has helped the company to grow to $500+ million in annual revenue and 8,000 employees, and we’re continuing to invest in research and development in the form of Accelerators (prototype applications) developed in our global Financial Innovation Labs (FinLabs). For more information please visit the our LinkedIn community.
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