Singapore/Hong Kong, 22 November 2022 – Synpulse, the global professional services provider to major banking and insurance institutions, was awarded Consulting Firm of the Year at the 5th Regulation Asia Awards for Excellence 2022 during an in-person ceremony on 22 November 2022.
Synpulse was recognised for its client-centric approach to helping financial institutions achieve regulatory compliance and risk management objectives, leveraging a risk-based approach, organisation agility, process efficiency and technology driven innovation. “We strongly believe in an ‘asset-based consulting’ method, which leverages proven solutions to enable clients to gain up-front value and benefit from faster execution of projects,” said Prasanna Venkatesan, Partner and Global Head of Regulatory Compliance and Risk Practice.
The firm differentiates itself by bringing depth in both business and technology. Synpulse’s most noteworthy areas of focus include anti-fraud, AML, ESG, digital assets, risk analytics, and conduct risk, as well areas such as target operating model design, vendor selection, data analytics, and bespoke software development.
Close ties to the FinTech and RegTech spaces have allowed Synpulse to be effective in applying business know-how in delivering end-to-end solutions to their clients. “Synpulse helped us demystify the nuances through the entire project lifecycle starting from vendor selection to designing of our target operating model and driving solution implementation,” said the Head of Compliance from a leading regional universal bank.
Synpulse8, Synpulse’s technology powerhouse, has been instrumental in delivering bespoke products and solutions to their clients, either as standalone solutions or in collaboration with leading FinTech and RegTech providers.
“Synpulse has been growing rapidly in recent years, no doubt because of how it approaches its work with clients,” said one judge on the Regulation Asia awards panel. “The company has demonstrated its expertise across sectors, has helped financial services companies truly transform their businesses, and is seen by its clients as a trusted partner. They are naturals for this award.”
Synpulse has offices in North America, Europe and Asia Pacific – including in Bangkok, Hong Kong, Hyderabad, Jakarta, Manila, Pune, Singapore, and Sydney. This year the firm opened new offices in Shenzhen, Taipei, and Toronto to build closer relationships with its clients and partners.
About the Regulation Asia Awards for Excellence 2022,
The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.
For a full list of the award 2022 winners, visit www.regulationasia.com/awards.
About Regulation Asia
Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 12,000 subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.