Technology Awards 2016 – Best Solutions/Integration Advisor

BEST SOLUTIONS/INTEGRATION ADVISOR

SYNPULSE

With the inorganic growth path proving increasingly popular for private banks that seek scale in Asia, the need for an independent advisor that can offer a robust target operating model (TOM) before, during and after an acquisition is more pressing than ever.

Acquisitions are inordinately complex undertakings, where success is contingent upon myriad factors, not least technology. From the core banking systems and data models to the culture and organisational structures to the number of geographical locations involved, the technology aspect of an acquisition cannot be discounted.

For the second year in a row, Synpulse has been at the heart of a number of key private banking acquisitions and technology initiatives. The firm’s business development management framework, BANKINABOX, has earned a reputation for being reliable and thorough, with clients praising the solution’s ability to reduce analysis and design phases by one month and to shave project costs by 10%.

“The financial service industry is going through extensive changes – banks and insurance companies need to re-define their business strategies and the way they operate in the future,” says Yves Roesti, partner at Synpulse. “Flexibility and innovation are key ingredients in today’s reality and, as such, at the core of how we consult.”

The firm also boasts a strong understanding of the wealth management vendor landscape via its detailed vendor map, and has played an instrumental role in developing frameworks for private banks that are uprooting their legacy systems and revamping their platforms in Asia – a pervasive phenomenon in the financial services industry, where operating costs are on the rise.

Synpulse is Asian Private Banker’s Best Solutions/Integration Advisor for 2016.