SYNECHRON OPENS STATE-OF-THE-ART FINANCIAL INNOVATION LABS (FINLABS) IN NOVI SAD

New employee facility and Finlab to advance digital transformation initiatives globally

Synechron Inc., the global financial services consulting and technology services provider, has today announced that it has expanded its Serbia presence by opening a new employee facility with a state-of-the-art Financial Innovation Lab (FinLab) in Novi Sad, Serbia. The facility will help to attract and grow top talent locally at a time of rapid growth in the region.

The FinLab inauguration coincides with Synechron’s new office opening in Novi Sad, Serbia.  The new facility in Novi Sad will enhance Synechron’s near-shoring capabilities for the European region, as well as provide a significant off-shore alternative from a global perspective as demand increases and as the firm sees significant growth.

Synechron’s Serbian Office began its work in July 2014, as a start-up with only three employees and one project. Today, with more than 140 employees working on over 30 projects, Synechron is considered one of the fastest growing IT companies in Serbia, with a projected growth to 500 employees in the next 3 years.

The new Serbian office will also showcase leading expertise from Synechron’s Artificial intelligence  Centre of Excellence (COE), tapping into the local fintech community and talent.

DavorinZrnic, Senior Director at Synechron said, “The Serbia region has seen tremendous growth recently, and the new office is the next step in furthering growth in the region and will provide us with the space to showcase the innovative work of our local COE and attract top talent from the local financial services community by showing them Synechron’s unique differentiators and commitment to innovation and growth in Serbia, as well as globally.”

Faisal Husain, Co-founder and CEO of Synechron, said, “The new office and Finlab in Novi Sad is a testament to the work Synechron is doing locally in the region, and globally, by significantly expanding offshore capabilities” said Faisal Husain, Co-founder and CEO of Synechron. “Our growth in the region has been accelerating quickly and we’re glad to create a new, cutting-edge space to recruit local talent as the largest technology employer in the region.

With the addition of Serbia’s new FinLab, Synechron now has ten FinLabs globally, with other locations in New York, Charlotte, Fort Lauderdale, Amsterdam, London, Dubai, Hyderabad, Bengaluru, and Pune. Some of the key technologies that visitors can have access to in the Labs include Artificial Intelligence, Blockchain, Chatbots, Robotic Process Automation (RPA), mobile apps and biometrics, Virtual Reality (VR) and Augmented Reality (AR), natural language processing, gamification models, and digital initiatives. The labs allow visitors to experience a hands-on interaction with some of the latest technology and digital trends in financial services, which will assist them in more quickly deploying these technologies by taking advantage of Synechron’s investment and research.