30 April 2015
The leading technology consulting firm demonstrates why financial institutions need to embark on a new era in information technology

Dubai - Synechron, the largest independent pure-play technology consulting and outsourcing provider for the financial services industry, participated in the 11th Financial Technology Summit which kicked off on April 29 at Conrad Hotel.

Highlighting Synechron's contribution and innovation in this sector, David Horton, Head of Innovation at Synechron presented his insights on "Mobile-First and the Everyday Banking Experience" as keynote speaker at the invite-only gathering.  David shared how consumer demands drive a new mindset of the Mobile-first approach.

The Financial Technology Summit encompassed presentations, innovative case studies, and panel and roundtable discussions by thought leaders and decision makers from the banking and technology domains in the Middle East.

"Traditionally, banks have never considered 'Design' to be an important element of their product offering, but increasingly they have become aware that user experience is an important component of customer service. Owing to the evolving demands of the consumer, financial institutions ought to streamline the onboarding process and ensure the customers (existing and or potential) are able to initiate their relationship by utilizing their mobile devices on priority." commented David.

He further added, "From browsing products and services, to using the camera to upload ID documents, mobile devices have become the most important channel for banks hoping to capture millennial prospects and an increasingly tech-savvy expat population. Financial institutions across the MENA region that master and embrace this technology will enjoy competitive advantage in this region."

This year's Financial Technology Summit was aimed at encouraging latest technological developments including best practice in digital transformation, customer engagement, product development and security frameworks.

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About Synechron
Synechron, the largest independent pure-play technology consulting and outsourcing provider for the financial services industry is a $285-million firm based in New York. Since inception in 2001, Synechron has been on a steep growth trajectory. With 5,500+ professionals operating in 16 countries across the world, it has presence across US, Australia, Canada, UK, Japan, The Netherlands, Hong Kong, Singapore, UAE, India, Ireland, Germany Switzerland, Luxembourg, Italy, France, and Development Centers in India.

The company is a business aligned technology services provider with proven capabilities in software application development, application management and systems & technology integration services. Its services are strategically aligned with clients' business needs for growth, profitability optimization, efficiency and compliance transparency. Synechron meets the challenges of its clients in industries such as Capital Markets, Insurance, Banking and Digital.

Media Contacts:
Kulwinder Singh
Sr. Director - Global Marketing & Communication, Synechron
kulwinder.singh@synechron.com

Anastasiya Golovatenko
Account Manager
anastasiya@efikra.com

© Press Release 2015