"This acquisition continues to build on our depth of expertise in Digital Transformation consulting for financial services and insurance firms."- Faisal Husain, Co-founder and Chief Executive Officer of Synechron
Synechron, New York-based Digital Transformation consulting firm for the financial services industry announced the acquisition of Citihub Digital, a technology consulting firm. With Citihub Digital’s focus on application modernization, cloud enablement, cyber security and operating model transformation, Synechron will expand its existing capabilities and strength in various areas across the Digital Enterprise.
Faisal Husain, Co-founder and Chief Executive Officer of Synechron said on acquisition – “This acquisition continues to build on our depth of expertise in Digital Transformation consulting for financial services and insurance firms. Citihub Digital’s senior consultants specialize in bringing together business domain and technical topics which require knowledge across multiple capabilities such as strategy, application development and cyber security, making them a perfect fit with Synechron’s existing capabilities. I am proud to welcome Citihub Digital into Synechron.”
Chris Allison, Co-founder and Managing Director of Citihub Digital said, “We have seen a significant amount of growth in the last year, and Synechron is the best partner to enable us to take that to the next level. We were impressed with the investments Synechron has made in its Financial Innovation Labs (FinLabs) in key financial markets, its R&D efforts and its award-winning Accelerators to lead the industry in areas like AI, Data Science, InsurTech, WealthTech, RegTech and Blockchain. We firmly believe that our clients will receive enormous value with the added power and global scale that Synechron can provide.
Synechron provides solutions to the financial services industry through business focus in three areas – Business Consulting, Technology, and Digital. The company has 18 offices around the world and more than 8000 employees.
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