Synechron has strengthened its systems integration business through the completion of its combination with Cityfront Group, a systems integrator for enterprise capital market platforms such as Murex, Calypso and Summit, which it acquired in 2016. The transition of Cityfront to the Synechron brand allows Synechron to offer the market a 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, but will extend its capability with Cityfront’s system integration domain knowledge and experience with Murex, Summit, SimCorp and other platforms.
Faisal Husain, co-founder and CEO at Synechron, says: “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. The integration furthers Synechron’s value proposition and our ability to offer clients powerful real-time, multi-asset solutions.”
For Cityfront, the integration provides global reach and scalability, as well as access to Synechron’s consulting and offshoring capabilities. Co-founder Jamie Gallagher says: “Cityfront’s unique systems integration knowledge makes us a natural partner for Synechron. Fully integrating with the company allows us to provide clients with a more compelling proposition.”