Finance consulting
Adapt your systems to changes in compliance
To support banking establishments in their digital transformation, which is one of Synchrone’s historical business lines, we have opted to bring in consultants whose hybrid expertise encompasses both engineering and finance, who are equally at home dealing with financial market methods or data management systems. For migration projects, IT system redeploys, medium- and large-scale app development, etc., change management is driven by evolving regulatory standards.
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Banking Services
RETAILCASH & PAYMENTDIGITAL BANKINGPRIVATE BANKING
SWIFT - SEPA
Anticipating evolving uses and reinventing the customer experience.
Whether supporting standard banking services or personalized digital options, Synchrone offers a comprehensive, proven range of solutions. Our levels of support include: supervision, framing, design, implementation, security, progressive maintenance, change and support.
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Market Solutions
CORPORATE INVESTMENT BANKINGASSET MANAGEMENTINVESTOR SERVICES
EMIR - MiFID
Supporting and securing our client’s market operations.
In keeping with its client’s expectations, Synchrone is a solid, reliable partner in meeting market requirements. We combine strong expertise in front office activities as well as back and middle office operations management to deliver our client’s most ambitious projects.
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Risks & Regulatory
CREDIT RISKCOMPLIANCEOPERATIONAL RISK
IFRS - IAS - FATCA - Bâle III
Risk management, the core of all priorities.
Synchrone offers a comprehensive range of solutions from regulatory compliance to risk prevention and management. We work in analyzing risks and recommending preventive solutions, reviewing processes and supporting transitions, project supervision, design, and implementation within an information system.
Our Experts
Business Analyst. Project Managers
(SEPA, Flows, E-Banking, Cash, Securities, AM, Compliance, Risk)
MOA. PMO. Experts
(products, software packages, regulatory)
Middle Office. Back Office
(Structured loans, securities transactions, accounting, KYC, etc.)
Focus on methodologies & standards
ISO 27001
EBIOS
Case studies
Optimizing the profitability of banking transactions by implementing Xelerate
Context and need
Our client, a major banking group, wanted to optimize the profitability of their banking transactions by automating and standardizing the calculation of commissions, interest charges, and interest credits using the Xelerate invoicing tool. For this high-stakes project, our client needed a reliable, experienced partner.
The Synchrone Solution
Synchrone rolled out solutions within the group.
Our team analyzed and specified the needs of different countries where the solution was to be installed and used by the Cash Management, Correspondent Banking, CDL, and Coverage business lines.
Next, we were actively involved in implementation and testing, migrating client conditions from the old system to Xelerate, and performing progressive maintenance tasks for the tool.
Case studies
Perform on clearing by implementing a centralized originator bank
Context and need
Our banking client wanted to optimize clearing for all listed derivative products by implementing a global software solution for real-time handling and compensation. Strong expertise in the field of compensation. Strong expertise in the field of compensation and a knowledge of software available on the market were critical to supporting this project.
The Synchrone Solution
Relying on its dual expertise in clearing and financial applications, Synchrone supervised the rollout of Ubix to the various financial subsidiaries of our banking client, in compliance with current regulations and the group’s own requirements.
We worked closely with banking professions and the publisher to understand the challenges involved in implementing the software, produce a functional analysis and technical specifications, and estimate the workload associated with the project.
As part of the Ubix rollout, we supported our client through implementing new markets and new financial offerings, in an agile context with a focus on client performance and efficiency.
Case studies
Improving profitability by overhauling the risk management IT system
Context and need
In order to reduce the cost of covering credit risks, our clients wanted to be able to more precisely and reliably estimate creditworthiness, be more agile in adapting to new regulatory requirements, and harmonize their processes and methods.
The Synchrone Solution
Synchrone conducted an audit and diagnostic of the existing IT system and processes, identified needs broken down by major functionality (risk calculation, limit management, reporting, etc.), ran business task forces, and wrote up the resulting specifications.
We offered functional solutions and specification for computing modules (Rating, PD, LGD, RWA, etc.), developed a HMI to conduct ad-hoc verifications, and tracked business tests and certification to ensure optimal rollout of the calculator.