# Synechron opens new office and Financial Innovation Lab in Paris
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2018-06-02
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Synechron Expands in Europe with New FinLab in Paris
Meta Description: Synechron strengthens global presence with new office and FinLab in Paris, focusing on Digital services and emerging technologies like AI.
URL: https://financedigest.com/synechron-opens-new-office-and-financial-innovation-lab-in-parishtml

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_Opening will support Synechron’s European growth and build local FinTech opportunities_

**Paris, New York, London, Dubai, Pune, May 31st, 2018** **–** Synechron Inc., the global financial services consulting and technology services provider, has today announced that it has reinforced its global presence by opening a new office and state-of-the-art Financial Innovation Lab (FinLabs) in Paris, France. The new facility will help build Synechron’s offering in Europe as the company expands across the region, particularly focused on Digital services, as massive digital transformation initiatives have become a top priority for a number of banks, as well as implementing emerging technologies like Artificial Intelligence (AI).

Synechron’s offices in Paris will strengthen its capabilities in serving the French financial [services market](https://www.financedigest.com/car-rental-service-market-is-forecasted-to-grow-at-a-7-2-cagr-by-2031-comprehensive-research-report-by-fmi.html "Car Rental Service Market is forecasted to grow at a 7.2% CAGR By 2031- Comprehensive Research Report by FMI"), addressing Synechron’s three business priority areas: business consulting knowledge, innovative digital design, and core technology delivery. The office will also support Synechron’s Systems Integration Centers of Excellence (COE) in Paris.

Laurent Salvinien, Managing Director at Synechron, said: “Paris is becoming a popular hub for financial [services in Europe](https://www.financedigest.com/credit-agricole-and-caceis-to-buy-rbc-investor-services-europe-unit.html "Credit Agricole and CACEIS to buy RBC Investor Services’ Europe unit"), and FinTech has a vital role to play in making France more competitive and accessible for the overall growth of the sector. This new office and FinLab will support Synechron’s ongoing strategy to develop innovative technology to help the financial services sector.”

The new FinLab in Paris will allow clients to have direct interaction with the [latest technology and prototypes in the market:](https://www.financedigest.com/cardiac-valvulotome-market-growth-latest-trends-top-players-competition-technological-advancements-outlook-and-forecast-2028.html "Cardiac Valvulotome Market Growth, Latest Trends, Top Players, Competition, Technological Advancements, Outlook and Forecast 2028") from chatbots and Robotic Process Automation (RPA), to Natural Language Processing (NLP) and gamification models. This [opening marks](https://www.financedigest.com/russian-rouble-opens-flat-sticks-to-60-mark-against-u-s-dollar.html "Russian rouble opens flat, sticks to 60-mark against U.S. dollar") the 11th FinLab operating globally, with the others located in New York, Charlotte, Fort Lauderdale, Amsterdam, London, Dubai, Hyderabad, Bengaluru, Pune and most recently in Novi Sad, Serbia.

Faisal Husain, Co-founder and CEO of Synechron, said: “The use and mastering of emerging technologies is a [key factor in delivering clients solutions to remain competitive in today’s markets](https://www.financedigest.com/automotive-air-vent-assembly-market-size-key-players-growth-factors-regions-and-applications-industry-forecast-by-2027.html "Automotive Air Vent Assembly Market Size, Key Players, Growth Factors, Regions and Applications, Industry Forecast by 2027"), which are increasingly being taken over by digital services. The demand for true [technological innovation](https://www.financedigest.com/research-and-technological-innovations-to-bolster-developments-in-animal-model-market.html "Research and Technological Innovations to Bolster Developments in Animal Model Market") is higher than ever, and as Paris becomes one of the EU’s top hubs for FinTech, our new office in Paris will not only bring our extensive expertise to ambitious businesses in this region but will also highlight the vital role that Fintech will play for businesses in the region.”


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