Synechron boosts presence in India with string of new offices

26 August 2019 Consultancy.in

Global financial services consultancy Synechron is significantly ramping up its operations in India. The firm has established a new office in the tech hub of Bengaluru, which follows from a change of office in Mumbai last month, and precedes the inauguration of a new facility in Pune next week.

Synechron specialises in digital enhancement and transformation, and works with a number of clients across the globe, which hail primarily from the banking, financial services and insurance domain. The firm offers business consulting and technology support.

In India, the demand for IT services is expanding as rapidly as the competition to provide these services. Domestic firms such as Tata Consultancy Services, Infosys and Wipro continue to be the largest providers in the country, although international firms are gradually carving out their own space in the market.

Event the Big Four accounting and advisory firms – Deloitte, EY, KPMG and PwC – are looking to bolster their digital capabilities in the market to help meet the rapidly growing demand across the Indian market. Digital access in India is growing by the day, feeding growth in the adoption of technology amongst consumers and businesses.

Synechron boosting India presence with string of new offices

Synechron has now expanded its presence in India to six offices, a figure that will jump to seven with the establishment of its new office at the World Trade Centre in Pune next week. The firm has now inaugurated its Bengaluru presence, located in the Bhartiya City IT Park.

The mammoth new facility will house more than 2,000 employees, and will be equipped with Financial Innovation Labs (FinLabs) and Offshore Development Centres (ODCs). This will be the third Synechron FInLabs in the Indian market – the other two being in Pune and Hyderabad – and the 13th across the globe.

The new presence in Pune that is due to be opened next week will house 170 professionals. Counting the new office in Mumbai last month and the additional presence in Pune, Synechron’s India presence now stretches across the key financial centres of Pune, Bengaluru Hyderabad, Chennai and Mumbai.

“India continues to be a crucial part of the Synechron growth story and I am sure that through this new contemporary facility, we will continue to be on the forefront of accelerating digital and empowering our clients to stay ahead of the digital transformation curve,” explained Faisal Husain, Synechron's co-founder and Chief Executive Officer.


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