Group Co.
Synechron Strengthens Systems Integration Program
Traders Magazine Online News, January 11, 2018
Synechron, a global financial services consulting and technology services provider, announced that it has completed the integration of Cityfront Group, a systems integrator for enterprise capital market platforms such as Murex, Calypso and Summit, which it first acquired in 2016. The transition of Cityfront to the Synechron brand significantly enhances Synechron’s current global systems integration business, offering the market a unique combination of end-to-end services including business and technology services consulting and systems integration.
Synechron is already one of the largest Murex systems integrators in North America, with over 25 consultants working throughout the US and Canada. By leveraging Cityfront’s expertise and combining its deep consulting and system integration domain knowledge and experience with Murex, Summit and SimCorp (amongst other platforms), Synechron has significantly strengthened its offering to clients.
“The integration of Cityfront with Synechron means we are able to build on our current knowledge and offer greater solutions that help relieve the growing pressures facing financial services clients today. The integration furthers Synechron’s value proposition and our ability to offer clients powerful real-time, multi-asset solutions,” said Faisal Husain, co-founder and CEO at Synechron.
Cityfront co-founder Jamie Gallagher said, “Synechron has experienced rapid growth over the last few years, and their remarkable credentials and global reach made them the obvious choice to partner with. Cityfront’s unique systems integration knowledge make us a natural partner for Synechron, and fully integrating with Synechron allows us to provide clients with an even more compelling proposition.”
Cityfront co-founder Johann Doassans continued, “Synechron is the best partner to provide the global reach and scalability we need to take our offering to the next level. We believe that with the added power of Synechron’s consulting and offshoring capabilities, we will be able to serve clients with a more robust offering with agility and experience at a global scale.”
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