FinLabs 1

2 www.synechron.com/finlabs FinLabs 3

From the CEO’s Desk

INTRODUCING SYNECHRON,
ITS SUCCESS AND
“THE POWER OF 3”
Faisal Husain
Co-founder & CEO
Synechron

When I co-founded Synechron 18 As a self-funded private company,

years ago, it was to fill a gap in the we’ve invested heavily in our
market and bring together financial clients and our people — from
services and technology expertise our global financial innovation
in a way that had never been done. labs (FinLabs), which enable our
That was, and still is, our market clients to experience transformative
promise. We understand the banking technologies firsthand to achieve
industry’s toughest challenges and first-mover advantage, to our
combine that insight to deliver the investment in hiring, acquiring and
“Power of 3” — expertise in digital attracting the best minds in financial
transformation, business consulting services, consulting and technology.
and best-in-class technology. At a
time when transformative digital At Synechron, our measure of
technologies are driving excitement success has always been the value
and concern, banks want a partner, we deliver to our clients, as we
like Synechron, that understands partner with them to stand at the
their business and the technology’s cutting edge of digital innovation.
potential. That is how we grew our business
to over $500 million in revenue, and
With 18 offices and over 8,000 that has been the genesis of and
employees, we’re the right size to vision behind FinLabs and now these
play an instrumental role in realizing accelerators. Our people allow us to
the promise of digital innovation. imagine the possibilities behind
We’re large enough to invest in new technologies, consult our
cutting-edge R&D for blockchain and clients and to turn these dreams
AI and to scale any global project. into realities, and I am incredibly
But we’re also small enough to optimistic about the future of
be agile, to track new technology and financial services and the promise of
to adapt projects as the landscape digital innovation.
changes.
4 www.synechron.com/finlabs FinLabs 5

ACCELERATING
DIGITAL FOR
FINANCIAL
SERVICES

In today’s digital world, financial institutions face a real threat

from disruptive new technologies. But these technologies also
present a tangible opportunity. Synechron is dedicated to
leading our clients into the next generation of financial services,
and to do so, we have made a significant investment in digital
innovation.

We now have 12 FinLabs around the globe, to enable our

clients to become fully immersed in the wealth of new
technology available. Clients can actually touch and feel the
latest digital technologies and be energized and inspired to
develop transformative solutions. Visitors can do everything
from role-playing the customer journey through a typical digital
engagement scenario in order to understand the impact of
beacons, drones, biometric authentication and virtual reality,
to prototyping around new technologies like blockchain. This
allows them to deploy new technologies more quickly to solve
critical business issues and make better decisions with faster
insights and decision-making.
6 www.synechron.com/finlabs FinLabs 7

Unlike other innovation labs and accelerators that bring

together industry participants to discuss theoretical
ideas, FinLabs is more than just a collaborative space. We
listened to clients’ feedback that current industry proofs
of concepts (POCs) are weak or have trivial objectives,
and thought about how to create something better. Blockchain Artificial Intelligence InsurTech
Automation
FinLabs acts as an innovation hub — allowing our
clients to reap the benefits of Synechron’s digital R&D
investment and scale transformative ideas with access
to the brightest minds using cutting-edge technology.
Synechron combines the “Power of 3” — business process
knowledge, digital design and core technology delivery
excellence — to drive transformative solutions.
RegTech Artificial Intelligence Wealth Tech
Data Science
8 www.synechron.com/finlabs FinLabs 9

Blockchain

Blockchain
Accelerators
ACCELERATING For Financial Services

DIGITAL Our dedicated team of blockchain consultants, processing, enhance the customer experience, digitize their
developers and digital experts have conceptualized businesses and potentially introduce new revenue streams.
and built working Blockchain applications using Financial institutions that place themselves at the center of
leading platforms like Ethereum, Hyperledger, the blockchain ecosystem will become technology leaders,
Ripple and others to solve complex business giving them a competitive edge against both established firms
problems for our clients. From cross-border, FX and new market entrants.

Ideation, innovation and currency transfers to smart contract solutions

for trade finance, mortgages and insurance, and Synechron has created business process frameworks,
even bitcoin enabled eWallets, we can help our technology architectures, and working code for six Blockchain
entrepreneurial spirit are clients define their use case and build working
applications that leverage Distributed Ledger
Accelerator Applications for use cases including:

the keys to success for your Technology (DLT), smart contracts and global
payments on blockchain.
1.
2.
Trade Finance
Know Your Customer (KYC)

business in the digital era. Financial institutions that understand how to

apply Blockchain technology to inefficient, de-
3.
4.
Smart Margin Calls
Mortgage Lending
centralized, customer-focused or even fraud-ridden 5. Insurance Claims Processing
business processes can gain significant competitive
Our global network of digital innovation and cost advantages. Synechron’s Blockchain
6. Global Payments

centers enable you to understand the latest Accelerators speed time to market for blockchain
initiatives, providing a head start on use case
technological trends and learn from industry and application development so firms can start
experts about what’s here already and what’s achieving business value sooner.
By creating a single view of a transaction,
coming up! enabling smart contracts and incorporating digital
payments, Synechron’s Blockchain allow these To know more about Synechron’s Blockchain
companies to increase efficiency, better identify Accelerator program, please scan the QR code
asset provenance, enable straight-through-
10 www.synechron.com/finlabs FinLabs 11

Artificial lntelligence Automation InsurTech

Neo InsurTech
Synechron's Artificial Intelligence Automation-based Addressing the Top Challenges Facing the
Accelerator applications for Financial Services Insurance Industry Today

Synechron’s Digital experts can help you with Our AI Accelerators focus on six techniques including: Synechron’s InsurTech Accelerator Program Along with the InsurTech applications, the Accelerator
Analytics, Machine Learning and Artificial combines Synechron’s expertise with digital Program offers access to Synechron’s team of consultants
1. Natural Language Processing (NLP) and
Intelligence. From advising your data scientists and innovation, business consulting, and technological who are experts in insurance business processes, products,
Generation (NLG)
creating your big data architecture to implementing capabilities to deliver firms end-to-end solutions regulation, operating models, and data architectures and
your business intelligence platform, we excel in 2. Robotic Process Automation (RPA) to insurance business challenges through models which are critical to constructing effective insurance
developing data visualizations, real-time dashboards 3. Cognitive Machine Learning transformative digital initiatives and solutions. applications.
and powerful applications that can automate 4. Data Science
client onboarding, provide insights on consumer 5. Chatbots Synechron has built a suite of InsurTech The InsurTech Accelerators broken down by their core
behavioral patterns, or provide advice to wealth Accelerators applications, each based on a underlying technology include:
management customers on investment solutions 6. Robo-Advisor unique business case, that allow organizations 1. Blockchain
using a custom- built Robo-Advisor. to leverage innovative technologies to enhance
2. Artificial Intelligence/Machine Learning
business operations, reduce operating costs, and
Synechron’s Artificial Intelligence (AI)-based create better client experiences. Synechron’s 3. Robotic Process Automation (RPA)
Accelerator Applications bring together our Digital, InsurTech Accelerator applications have taken 4. Mobile Solutions
Business, and Technology Consulting expertise to a business challenge that can be best solved 5. Customer Experience Design
allow financial institutions to deploy cutting-edge, through technology and re-architected business 6. Internet of Things (IoT)
AI solutions that solve complex business challenges. processes to build a solution to those challenges.
Synechron’s AI-based Accelerator Applications have The Accelerators focus on business consulting
taken a business challenge that can be best solved and use techniques like Blockchain, Artificial
through AI and re-architected business processes Intelligence and Machine Learning, Robotic
to build a solution powered by artificial intelligence Process Automation (RPA), Mobile Solutions,
and optimized for user experience. Digital Strategy/Customer Experience Design, and
the Internet of Things (IoT). This set of Accelerators
is Synechron’s third accelerator program in FinLabs
to date following the large success of Synechron’s
To know more about Synechron’s Artificial Intelligence Blockchain and Artificial Intelligence Accelerators. To know more about Synechron’s InsurTech
Accelerator program, please scan the QR code Accelerator program, please scan the QR code
12 www.synechron.com/finlabs FinLabs 13

RegTech Artificial lntelligence Data Science

AI Data Science
Synechron Launches AI Data Science
Accelerators for the BFSI sector

RegTech
Accelerators focusing on the Regulatory
Compliances within the FinTech industry.

Synechron’s RegTech Accelerators are focused on compliance costs and making regulatory compliance and Digital Transformation is reshaping the financial AI Data Science Platforms
financial services applications to increase efficiency risk management quicker, simpler, and more efficient as services and insurance industries. Synechron is • Syn-AI
in processes relating to regulatory compliance. firms adjust to the evolving global regulatory landscape. helping our clients to develop strategies to guide • Granger Causality
By leveraging Synechron’s unique combination of Synechron’s Accelerator program is supported by best- their businesses through this change.
expertise in business consulting, technology, and in-class partnerships, including with data lineage solution AI Data Science Accelerators
digital experience, its RegTech Accelerators were provider Solidatus. Given this, today, Synechron is proud to announce
the launch of its AI Data Science Accelerators • Visual Research
created to give financial organizations the benefit
of increased control through technology, which will for Financial Services, Banking and Insurance • Informed Investing
The overarching trend which the Accelerators have (BFSI) firms. These four new solution accelerators
allow for greater transparency, more efficiency, been designed to address key themes within regulatory • Customer Complaints Management
better data quality, and better overall management help financial services and insurance firms solve
obligations and concerns. Each accelerator has been • Credit Risk
of risk and regulatory compliance. complex business challenges by discovering
categorized in the corresponding regulatory theme as meaningful relationships between events that
follows: impact one another (correlation) and cause a
Taking into consideration the vast number of
1. KYC Remediation future event to happen (causation).
regulations impacting global firms recently and
those that are scheduled through the next few 2. Capital Walk Forward
years, and the estimation that financial institutions 3. Intelligent Controls Testing
will spend up to 10% of their total revenue on 4. Fundamental Review of the Trading Book (FRTB)
compliance by 2022, each of Synechron’s six 5. Accounting Standard Normalizer
RegTech Accelerators has been designed to
address specific regulatory challenges, including 6. Information Governance & Records Management
solutions for the following regulations: Anti-Money
Laundering (AML), Know Your Customer (KYC), Basel
III, International Financial Reporting Standards
(IFRS) 9, the Generally Accepted Accounting
Principles (GAAP) and Fundamental Review of
the Trading Book (FRTB). While creating more To know more about Synechron’s RegTech To know more about Synechron’s AI Data Science
control over processes for financial institutions, the Accelerator program, please scan the QR code Accelerator program, please scan the QR code
Accelerators may also benefit users by reducing
14 www.synechron.com/finlabs FinLabs 15

We now have 12 FinLabs around the world in all of

SYNECHRON FINLABS Synechron’s key commercial markets and delivery
centers: New York, Charlotte, Sunrise, London, Paris,
Wealth Tech ACROSS THE GLOBE Amsterdam, Dubai, Singapore and Pune, Hyderabad,
Bangalore, Mumbai, and Serbia. FinLabs houses more
than 300+ specialists across Synechron’s P3, over 50
use-case driven applications and releases two dedicated
R&D programs each year, since 2016.

Amsterdam
London

New York Paris Novi sad

Charlotte

Fort Lauderdale
Dubai Hyderabad
Pune
Bangalore

Wealth Tech
Singapore

Wealth Management solutions for

the Financial Services industry

Synechron’s WealthTech Accelerators 1. Client Prospecting

empowers wealth management firms with 2. Client Onboarding
Register for one of the below sessions and get your
technology that streamlines and enhances digital transformation kick-started
their offerings, supporting the full wealth
3. Efficient Suitability
Register
4. Pricing Insights

a session
management client lifecycle from prospecting Ideation, innovation and entrepreneurial spirit are the keys to success for your
and acquisition, through to onboarding, 5. Asset Tokenization Parts 1 and 2 business in the digital era. Our global network of digital innovation centers
relationship management, client engagement, 6. Smart Statements enable you to understand the latest technological trends and learn from
support, and advice. Synechron applies its industry experts about what’s here already and what’s coming up!
7. VR Wealth Journey
Digital, Business Consulting and Technology
expertise to deliver Wealth Tech Accelerators 8. Relationship Management Dashboard
that tackle pain points of clients. The
Full day Half day One hour Share our space
Accelerators also provide solutions that enable
real-time, dynamic pricing insights, smart
statements and a VR-powered wealth journey. Innovation & Omni- 4 Hour Innovation Focused Technology Prototype Testing
Channel Session Session Discussion Session
In a structured workshop, A vertical workshop where Talk to our experts about a Visit our Innovation Center
our innovation team will your business leads can singular technology that fits to install and quality test
provide a full day of product spend 4 hours inside the needs of your business. your own work, while
and technology demos, Finlabs, experiencing digital Our Innovation team will getting an independent,
present business use solutions that pertain provide their expert opinion unbiased opinion from our
cases and provide thought directly to their business and helpful feedback that experts.
leadership on trends and areas. Our Innovation team will be focused on adding
prototyping. Define your will present product and value to your business.
priorities for the roadmap technology demos, while
ahead and learn how to offering advice and thought
To know more about Synechron’s Wealth Tech align your teams to a leadership on tech trends
Accelerator program, please scan the QR code common goal. around the world. To book any session mail us at [email protected]
16 www.synechron.com/finlabs FinLabs 17

PARTNERSHIPS AWARDS AND ACCOLADES

Throughout its growth story, Synechron has strengthened Prestigious Laurels for Synechron Innovation Work
its expertise across verticals to ensure it has experience
in the most cutting-edge technologies and platforms. We
Partner with Leaders, to Lead the Industry.
US Blockchain Lead, Tim Coates, Wins
2018, Rising Star Award. Synechron won the award for Continuity
Insurance and Risk (CIR) magazine’s
Synechron’s recently launched AI Data Synechron's Blockchain Accelerators InsurTech category at the 2018
Innovation Partners Science Accelerators win the Business Wins the 2017 Markets Media Award for Commercial Insurance Awards.
Intelligence BIG Innovation Awards 2019 Best New Initiative. ​

Synechron is shortlisted for FSTech Synechron’s Blockchain Accelerators win Synechron Co-Founder and CEO, Faisal
Awards 2018 for Best Use of Mobile two awards - Best Distributed-Ledger Husain, wins the FinTech Person of
Technology and Best Use of the Agile the Year and Synechron’s Blockchain
Systems Integration Partners Methodology Accelerators win the Best Distributed
Ledger Technology (DLT) Initiative of the
Year by FTF News

Synechron wins the Public Award in the Synechron wins Best Insurance Software
Distributed Ledger Technology (DLT) - of the Year Award for it’s Blockchain and
Synechron’s self-sovereign KYC LEIA2 Accelerator
Technology Partners DLT project with R3 wins 2018 Best in
Blockchain category at Dutch FinTech
Awards 2017
Blockchain Award ​

The Synechron team receives 3rd place at Synechron wins Mobile Star Awards 2017
the Blockchain Virtual GovHack - 2017, for Best Auto Application ‘DRIVE’ Synechron wins the ACORD Innovation
the biggest ever international hackathon award at ACORD 2017 for Visual Risk
on blockchain organized by the UAE Accelerator and at ACORD 2016 for
government Blockchain and MyPosessions App
18 www.synechron.com/finlabs FinLabs 19

A GLIMPSE OF
Prestigious Corporate Awards & Recognition
SYNECHRON'S FINLABS

Synechron has been recognized as a Best Places to Work Award for two Synechron FinLabs featured in the Top 28
Great Place To Work 2019 & 2017- Best consecutive years - 2019 & 2018 Fintech and Insurtech Innovation Labs in
Workplaces in the Netherlands. Singapore New York, USA Charlotte, USA

Synechron CEO & Co-founder Faisal

Synechron FinLabs featured in the CB Synechron wins the 2018 Best Case Husain wins the 2018 Entrepreneur of the
Insights 30 Corporate Innovation Labs In Study Award by ACORD for Insurance Year award
Finance Blockchain Accelerator
Synechron Sr. Director of Technology &
Blockchain COE Member awarded with
‘Innovative Leader of the Year’ Award for
his contribution in Blockchain.

Fort Lauderdale, USA London, UK

Hareesha Pattaje, Managing Director Umesh Bhapkar – Head of IT at
– Technology at Synechron wins the Synechron wins the Innovative CIO Synechron is featured in the 2018 50 Best
Prestigious CIO100 FutureTech Leader Awards 2018 Workplaces of the Year in US
Award 2018

Synechron listed in the Inc. 5000 as

Synechron wins the 2017 HappyAtWork One of the Fastest-Growing Private
award Companies in the US for the Fifth Time
20 www.synechron.com/finlabs FinLabs 21

Pune, India Dubai, UAE Amsterdam, The Netherlands Paris, France

Bangalore, India Hyderabad, India Novi Sad, Serbia Singapore

22 www.synechron.com/finlabs FinLabs 23

FINLABS
ACCELERATOR INVENTORY
Accelerators Program Description Industry Business Focus Technical Focus Digital Focus

Automated AI Automation Automated Executive Summaries Capital Markets Sales & Trading, NLG Data
Executive Summary written in plain language using Research Visualization
NLP and NLG.

Financial advice AI Automation Automated Financial Advice Asset Workflow NLG N/A
Generation Generation can be achieved by Management Automation
using NLP to extract CRM data
Accelerators Program Description Industry Business Focus Technical Focus Digital Focus and NLG to reach a compliant
conclusion through real-time
queries and contextual user
Trade Finance Blockchain Creating digital versions of Trade Finance Workflow Ethereum, Blockchain information.
transactions, generating smart Automation, Data Oracle, Explorer UIv
contracts, centralizing underlying Letter of Credit Quroum,
collateral information on a Issuance, Risk, Quorum Maker Automated data AI Automation Automated Data Extraction uses Capital Markets Document NLP N/A
distributed ledger across a private Fraud extractor NLP to achieve automated data Processing
network to increase efficiency, extraction and intent realization,
eliminate “double spend” fraud, allowing firms to pull data from
enhance data quality and reduce earnings reports and other
settlement time. sources and contextualize its
intent.

Mortgage Lending Blockchain Allowing loans that currently Commercial Mortgage HyperLedger Blockchain
are documented in a company’s Lending Origination Fabric Explorer UI, GL entry AI Automation Automated Resolution of Failures Finance, Treasury, General Ledger Supervised N/A
private ledger to transition to a Customer automation “Breaks” in Reconciliation Risk Reconcilliation, Learning
centralized ledger to increase Experience processes completely automates Finance
transparency, expedite loan GL reconciliations.
settlement and reduce overall risk.
OTC margin calls AI Automation Automated Margin Call Capital Markets OTC Derivatives, NLP, RPA N/A
Smart Margin Calls Blockchain Using smart contracts to Capital Markets OTC Derivatives, HyperLedger Blockchain Management analyzes emails Margin Call
determine the valuation of the Margin Call Fabric, Corda Explorer UI using NLP and automatically Management,
trade portfolio, handle margin Management, understands relevant margin Collateral
calls and initiate track and Collateral call information based on pre-set Management
validate margin payments for Management, criteria.
increased efficiency, automated Regulation,
settlements, enhanced accuracy Compliance
Client onboarding AI Automation Client Onboarding uses OCR + Retail Banking KYC OCR, NLP, NLG, Digital
and significant cost-reduction.
NLP to pull information from RPA Onboarding
images of documents such as
Insurance Claims Blockchain Using smart contracts, enabling Insurance Claims Ethereum Blockchain driver’s licenses and passports
processing auto-execution of insurance Processing, Explorer UI, to auto-populate forms and
claims and payments on an Supply Chain Customer create a frictionless onboarding
authoritative data feed for Management Experience experience.
reduced risk and fraud and
decreased processing costs.
Pitch book AI Automation Automated Pitchbook Asset Sales & NLP, RPA N/A
automation Generation allows financial Management Marketing,
Next-Gen KYC Blockchain Creating a centralized KYC Capital Markets KYC, Regulation, HyperLedger Blockchain institutions to automatically Compliance
utility model allowing utilities Compliance, Data Fabric Explorer UI generate presentation decks by
to differentiate themselves and understanding what content is
enhance anti-money laundering on the slides and the appropriate
(AML) and credit controls. disclosures required based on that
information.

Cross Currency Blockchain Allowing firms to pay any bank Payments FX, Remittances Ripple, XRP Digital
Payments connected to the cryptocurrency protocol Transformation Trading bot AI Automation A chatbot for traders Capital Markets Sales & Trading NLP, NLG, OCR, Chatbot
rails using a single reserve, RPA
minimizing the amount of capital
required to make transactions
Banking bot AI Automation A chatbot for personal banking Retail Banking Retail Banking NLP, NLG, OCR, Chatbot,
easier, cheaper and faster.
- users can check their balance RPA, Predictive Conversational
and easily engage with their Analytics UI
accounts using conversational
UI. Also available, is Synechron's
selfie-pay featured and predictive
analytics to make purchasing
Smart Insights AI Automation A powerful text extraction Capital Markets Sales & Trading, NLP User Experience suggestions.
tool that scans annual reports Research
and uses NLP to read and Lending bot AI Automation A chatbot for mortgage Commercial Mortgage NLP, NLG, OCR, Chatbot
understand key information origination Lending Origination RPA
in semi-structured documents
with nested tables. It then puts
that information in an easy-to- Insurance bot AI Automation A chatbot to manage insurance Insurance Claims Processing NLP, NLG, OCR, Chatbot
read table with quick access to claims which is one of several RPA
the document and where that insurance bots that also includes
information is referenced. an InspectorBot.
24 www.synechron.com/finlabs FinLabs 25

Accelerators Program Description Industry Business Focus Technical Focus Digital Focus Accelerators Program Description Industry Business Focus Technical Focus Digital Focus

LCR reporting AI Automation LCR Reporting uses historic data Capital Markets Liquidity Data Science N/A Visual Risk InsurTech Applies machine learning to Insurance Risk, Data Science Data
and machine learning to come up Management analyze 70+ data sources and Underwriting Visualization
with a reliable intraday liquidity provide predictive risk analytics
estimates for LCR reporting. with detailed visualizations and
simple risk queues to equip the
underwriter with easy access to
Product AI Automation Recommending potential fixed Capital Markets Fixed Income, Data Science N/A critical information, automating
Recommendation income trades to offer based on Sales & Trading up to 80% of applications, leaving
historical trading activity. just the most complex for manual
review.
OTC price AI Automation OTC Price Automation Synechron Capital Markets Sales & Trading, Data Science N/A
automation is using machine learning to Margins Intelligent InsurTech Synechron developed the Insurance Risk, NLP, NLG, OCR, N/A
derive real-time OTC pricing for Submission scoring Cognitive Machine Learning Underwriting RPA
illiquid OTC products where this Accelerator for Intelligent
data is currently decentralized Underwriter Scoring to better
and difficult for traders to factor understand the risk profile of
into their pricing models and recently submitted profiles
further using that data to advance and automatically enable
collateral management reporting. underwriters to prioritize
opportunities that will maximize
Robo Advisor - AI Automation Artificial Intelligence Accelerator Asset Hybrid/Robo Predictive Robo, Chatbot, the top line, minimize risk, and
Assisted Advisory for Robo-Advisors allows wealth Management strategy, Product Analytics, IFTT Social Vesting maximize human value.
managers to create a hybrid strategy
robo-advisor that augments NLP for Account InsurTech Uses Robotic Process Automation Insurance Account NLP, NLG, OCR, N/A
their existing services with an Onboarding (RPA), Optical Character Onboarding RPA
automated platform, creating the Recognition (OCR), and Natural
self-service experience clients Language Processing (NLP)
are looking for, balanced with the in an integrated module that
high-touch, high-trust experience enables banks to deliver a
advisors are known to deliver more frictionless experience by
with added capabilities like social allowing brokers to easily upload
investing, chat and more. documents with drag and drop
functionality. The accelerator
Customer Insights AI Automation Customer Insights has four Commercial Mortgage Data Science Social Media uses ACORD forms which can
Modules for Banks, Credit Cards, Lending Origination Data be scanned and recognized by
eCommerce and Mortgages that OCR and NLP to automatically
allow banks to bring together populate the insurance
their Know-Your-Customer (KYC), application for commercial
Banking and Credit Card Data into insurance companies.
a database, and join them with
the customer’s online behavior Legal Claim InsurTech RPA for legal claim processing Insurance Claims Processing NLP, NLG, OCR, N/A
(if opts in) via web and social Payment - RPA can pull and analyze RPA
platforms. information from dozens of
applications, make determinations
Data Science - AI Automation Data Science Partner focused on Partnership KYC, AML, Fraud, Entity N/A with extremely high accuracy,
Quantexa (link to Entity Resolution and Network CLM Resolution, and plug into existing claims
video) Analytics. The Global Partnership Network processing systems to support
Manager is Phil Sturmer. Analytics, Data fast and accurate check delivery
Science to attorney offices.

Insurance Claims InsurTech Insurance Claims Processing, Insurance Claims Processing Blockchain, Blockchain Automating Driver InsurTech automates driver verification by Insurance Account NLP, NLG, OCR, N/A
processing which leverages Blockchain’s Hyperledger Explorer UI, Verification managing client requests and Onboarding RPA
Distributed Ledger Technology Fabric Customer assembling a detailed report
(DLT), smart contracts and digital Experience about the driver’s work, accident
capabilities combined with the and medical history, and a list of
IoT to assist with asset prove- offenses.
nance, reduction of fraud, and a
straight-through process around Submission Entry InsurTech Automating the agent’s ability Insurance Account NLP, NLG, OCR, N/A
high volume, low-value in-surance for New Business to quickly generate a quote from Onboarding RPA
claims; a group of carriers, check the
applicant’s credit score, submit
Trade Finance InsurTech Brings banks, corporae suppliers, Insurance Workflow Ethereum, Blockchain a complete application, and
and insurance companies Automation, Data Oracle, Explorer UI, underwrite the policy.
together on a single distributed Insuring the Quroum, Customer
ledger to minimize fraud and Supply Chain Quorum Maker Experience My Possessions App InsurTech Enables incumbent insurers to Insurance Micro-Insurance Mobile App Mobile App
increase transparency around the offer consumers coverage that Development
supply chain adjusts as their risk changes, in
response to the Micro-insurance
trend being fueled by the sharing
economy.
26 www.synechron.com/finlabs FinLabs 27

Accelerators Program Description Industry Business Focus Technical Focus Digital Focus Accelerators Program Description Industry Business Focus Technical Focus Digital Focus

My Insurance App InsurTech A multi-line policy management Insurance Policy Mobile App Mobile App Accounting RegTech Uses real-time data to run Risk Credit Risk, IFRS Microservices, User Experience
solution that includes Home, Administration, Development Standard calculations for global Expected 9, US GAAP Analytics
Auto, Boat, and Pet insurance Customer Service, Normalizer Credit Loss (ECL) calculations.
administration Relationship The Accelerator addresses the
management challenges global banks face
with varying global accounting
reporting standards, like
Field Force App InsurTech "FieldForce™" adds a level of Insurance Customer Service, Mobile App Mobile App, the US Generally Accepted
fun and competition through Relationship Development Gamification Accounting Principles (GAAP) and
gamification by assigning point Management International Financial Reporting
totals to different achievements Standards (IFRS) 9.
and tracking them on a public
leaderboard.
Fundamental review RegTech Automates FRTB calculations Risk FRTB, Risk Data Analytics User Experience
of the trading book requiring the Standard Approach Platform
Insurance Chatbots InsurTech Provide advice and support Insurance Policy Chat Chatbot to modelling risk using a Spark-
to customers who want to Administration, based data analytics platform,
understand more about a firm’s Customer Service, addressing the key areas –
insurance protection products and Relationship Sensitivity Based Approach,
services. The InsureBOT is able management Default Risk Charge, and Residual
to guide a customer through a Risk Add-on, offering a greater
range of insurance products that degree of control against using
meet their specific requirements internal risk models.
and then automate the process to
provide coverage through a policy
that has been underwritten. The KYC remediation RegTech Automating confirmations, Compliance KYC, CLM, NLP, NLG, OCR, User Experience
Inspection Bot can then be used to validations, and cross-checks Regulation, RPA
manage the property. required for KYC. Compliance, Data

Commercial InsurTech Enables providers to swiftly Insurance Sales & NLP, OCR, RPA, User Experience, Capital Walk RegTech Automates the variance Finance, Treasury, Regulation, RPA, ML, NLG User Experience
Insurance Broker implement a singular view for all Marketing Analytics Portal Forward calculation process, as well as Risk Basel III, Risk,
Portal broker-related operations, which identifies influencing factors, and Compliance
enables brokers to sell more. generates required commentary
for manual validation and
distribution. This assists firms in
Direct to Customer InsurTech A technology-enabled platform Insurance Sales & Mobile App Mobile App Basel requirements for Capital
Strategy that allows customers to easily Marketing Numbers reports and improves
access and buy insurance efficiency as it is quicker and
products, on-demand without less error-prone than human
needing to work with an agent. processing.

Device Network InsurTech Provides the fundamental Insurance Claims IoT, Data, IoT Info gov. and record RegTech addresses the inconsistencies in Legal & e-Discovery, NLP, NLG, OCR, Metadata
Management architecture to take any IoT Processing, Risk Analytics, Data management record keeping due to the high Compliance Compliance, RPA tagging
device, collect data, and create Lake level of unstructured records Books and
actionable outcomes based on its banks are producing today, Records
analysis which are unsupported by the Requirements
current manual processes used
Habit Hacker InsurTech Synechron has developed an IoT Insurance Risk, Customer IoT, Analytics Mobile App, for traditional paper records, by
Accelerator application that uses Experience Gamification applying automation to analysis,
IoT-enabled devices to monitor classification, and retention of
life insurance customer habits and unstructured documents for
drive behavioral change. Users varying records management
can create a queue of habits to requirements
track and better understand their
own good and bad behaviors Visual Research AI Data Automatically generates Capital Markets Sales & Trading, Data Science, Data
and modify their routine using Science personalized buy- and sell-side Research Spark, Hadoop, Visualization
social incentives or through pre- research reports with automated Tensorflow
established programs with their data collection, synthesis, and
insurance provider. analysis, lowering costs while
enabling systematic research not
Intelligent controls RegTech Defines the control, related Capital Markets Risk, Sales & Data Science, User Experience, possible with manual processes.
testing assertions and pass conditions Trading, Trade Analytics, RPA Data
and automates the control testing Execution Visualization Credit Risk AI Data Empowers banks to manage Commercial Mortgage Data Science, Data
using RPA and Data Science for Science their credit portfolios proactively, Lending Origination, Risk Spark, Hadoop, Visualization
anomaly detection and root cause enabling users to drill down Tensorflow
identification with predictive into the factors driving likely
analysis. Focuses on key controls credit events and to proactively
related to the trade execution manage individual risks ranked by
processes, which impacts probability of incurring a specific
customer-facing areas of the credit event.
bank as well as the banks’ trading
desks.
28 www.synechron.com/finlabs FinLabs 29

Accelerators Program Description Industry Business Focus Technical Focus Digital Focus Accelerators Program Description Industry Business Focus Technical Focus Digital Focus

Customer AI Data Identifies the factors driving Capital Markets Regulation, Data Science, Data Smart Wealth Creates a digitally-enabled Asset Customer NLP, NLG, N/A
Compliants Science customer complaints and Customer Service Spark, Hadoop, Visualization Statements Tech client statement based Management Service OCR, RPA
prioritizes each claim by the Tensorflow on client interests and
likelihood of being disputed or
preferences to provide more
esclated to enable banks to more
quickly and proactively resolve transparency and insight into
the most critical complaints. portfolio performance.

Informed AI Data Allows wealth managers Asset Sales & Data Science, Data VR Retirement Wealth Gamifies the investment Asset Retirement Virtual Virtual Reality,
Investing Science to receive alerts for Management Marketing, Spark, Visualization Experience Tech experience to incentivize Management Planning, Reality Unity Design,
critical events related to Customer Hadoop, investors to experience Customer Gamification
the assets they manage Service, Tensorflow the benefits of disciplined Service,
such as geopolitical and Relationship investing with an advisor. Relationship
sector events that impact Management Investors can create a Management
security prices and buy/sell financial journey, answer
recommendations. yes/no questions based
on financial scenarios, risk
analysis, and goals. Then,
Client Wealth Takes a data-driven approach Asset Sales & Data Science Data Science
experience a personalized, VR
Prospecting Tech to client prospecting by Management Marketing Visualization
simulated journey to visualize
using internal and external
your financial future.
data sources to identify
prospective clients, thereby
enhancing the quantity and RM Dashboard Wealth The RM Dashboard Asset Workflow N/A Portal
quality of prospects. Vision Tech Accelerator demonstrates Management Automation, Design, User
the power of a relationship System Experience
management experience fully Rationalization, Design,
Efficient Wealth "Intelligently links the Asset Suitability NLP, NLG, User
integrated across systems Digital Conversational
Suitability Tech restrictions placed upon Management Regulation OCR, RPA Experience
and data sources related to Strategy, UI,
investments (e.g. from client
key interactions and powered Relationship
preferences; guidelines; or
by conversational UI. Management
regulations) to the products
and investments offered to
clients – enabling a real-time Digital Wealth Automatically process the Asset KYC, CLM, NLP, NLG, User
solution to product suitability. Onboarding & Tech application for a seamless Management Regulation, OCR, RPA Experience
" KYC customer experience, Data Compliance,
Science techniques are Data
employed to provide entity
Pricing Insights Wealth Provides a dashboard to Asset Sales & Data Science Data Science
resolution and network
Tech conduct dynamic analysis Management Marketing Visualization
analytics for fraud prevention,
of feeds and pricing on
and ongoing KYC validation
managed business, allowing
and remediation.
financial advisors to gain
insight into whether
charges are too much or Sytorio InsurTech RPA Platform Platform N/A RPA, ML, N/A
too late based on industry NLG, IoT
benchmarks and to support
compliance. SyneAI AI Data AI Platform with in-built Platform N/A Data Science N/A
Science Granger Causality Models
Asset Wealth Provides a futuristic clickable Asset Alternative Blockchain Tokenization
Tokenization Tech and video prototype Management Investments Property N/A Real esate buying experience Commercial Real Estate Virtual Virtual Reality
explaining how macrotrends Mortgage leading into a virtual tour of Lending Reality
in tokenization of assets the property ahead of a loan
will lead to new investment origination.
opportunities for advisors
and clients alike. In the more
near-term, our blockchain Alexa - Guardian N/A Digital insurance search Insurance Digital Mobile App
experts have developed a Life application powered by Transformation Development Conversational
distributed application to converstional UI. UI
manage Initial Coin Offerings
(ICOs). LEIA 2 PROJECT N/A 39 Bank Global KYC Initiative Capital Markets KYC, Corda Blockchain
DEMO by Synechron. Consortium Explorer UI
Asset Wealth Is a project Synechron Asset Alternative Blockchain Tokenization, Management
Tokenization Tech delivered for Citi's internal Management Investments, Clickable
(Ownit) Research/Strategy group KYC Protyping,
conceptualizing what Asset Video
Management will look like Prototyping
in the year 2033. Synechron
delivered a clickable Envision
prototype and a 5 minute
video that served as the
Keynote at Citi's corporate
client events in NY and Hong
Kong.
30 www.synechron.com/finlabs

ACCELERATING DIGITAL FOR

FINANCIAL SERVICES
Synechron is a leading Digital IT Consulting firm and is working to Accelerate Digital
initiatives for banks, asset managers, and insurance companies around the world. We
achieve this by providing our clients with innovative solutions that solve their most complex
business challenges and combining Synechron’s unique, end-to-end Digital, Business
Consulting, and Technology services. Based in New York, the company has 18 offices
around the globe, with over 8,000 employees producing over $500M+ in annual revenue.
OUR VALUE
18
Global
$500M+
Privately Held and
8000+
Team Members
150+
Marquee Clients
Vertical
Focused only on
PROPOSITION
Locations Self-funded Globally Financial Services

Digital
• Experience Design Unlike other firms, Synechron’s “Power of 3” approach and financial services
• Deployment and DevOps expertise gives us a competitive edge to tackle our clients’ problems from
any vantage point with great depth. Synechron combines the “Power of 3”
• Emerging Technology Frameworks
- business process knowledge, digital design and core technology delivery
• Blockchain COE excellence - to drive transformative solutions. We have the unique ability to
• AI Automation COE provide an end-to-end approach, from business consulting through technical
• InsurTech COE development to digital enhancement. This empowers us to deliver solutions
to some of the toughest business challenges.
• RegTech COE
• AI Data Science COE
• Wealth Tech COE

Business Consulting
• Enterprise Strategy, Architecture and
Transformation
• Client Experience and Lifecycle
Management
• Data Science, Engineering and Governance
• Regulatory Change and Compliance
• Finance and Risk Transformation
• Innovation Management
• Program Management Services

Technology
• Technology Consulting
• Application Development
• Automation
• Enterprise Architecture & Cloud
• Quality Assurance
• Systems Integration
• Data & Analytics
• IT and Database Support
• Microservices and API Development
• Business Process Management
32 www.synechron.com/finlabs

[email protected] | www.synechron.com/finlabs

USA / Canada / UK / Switzerland / France / The Netherlands / Luxembourg / Germany / Serbia

Hungary / UAE / India / Singapore / Hong Kong / Philippines / Japan / Australia

Proprietary material
“This material and information is the sole property of Synechron and is intended exclusively for general information purposes.
Any rights not expressly granted here are reserved by Synechron. Please note that copying, modification, disclosure of data,
distribution or transmission of this material without prior permission of Synechron is strictly prohibited.”