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Synechron Inc., a leading digital transformation consulting firm focused exclusively on the financial services industry, today announced its formal partnership with Accelex Technology to further drive operational efficiencies for its financial services clients globally by unleashing the power of private investment data. Accelex offers an advanced artificial intelligence (AI) and machine learning-led automation system for effective data acquisition, analytics and reporting that can afford tangible benefits to investors and asset servicers.

Synechron has been working with Accelex since 2018 and has successfully leveraged the firm’s innovative AI and machine learning models-based solutions for the trifecta of key data management: data acquisition, analytics, and visual display reporting for clients. This years-long alignment and collaboration underlies the decision to define a more formal partnership with Accelex.

For this project, Synechron Paris participated in developing Accelex’s automation technology tools as it built a cloud-based platform that facilitates the acquisition and aggregation of key data from unstructured formats and displays key metrics for private market investors. The software developed through this collaboration integrates a document crawler to automatically detect and extract desired data from fund manager reports. Document analysis parses unstructured data from different pages/sections and heterogenous fund reports, then applies unsupervised algorithms for targeted data extraction and the screening between global and fund-specific metrics. It then enables the variable layout display of key data, including tables and company names. This automated recognition, extraction, processing, and visual reporting of the data resulted in a significant improvement in the extraction of key metrics from a fund report.

François-Bernard Mizrahi, Managing Director of Synechron France said, “Since 2018, Synechron has been pleased to support Accelex’s innovative and ambitious platform development. This project makes good use of both our software development and AI expertise, built over the years in our Serbian delivery center. The success of our partnership can be seen in Accelex’s growth and achievements.”

Franck Vialaron, Founder and Chief Executive Officer at Accelex noted, “Synechron has been a great design partner from the prototyping phase to the release of the platform to our first client. Synechron is allowing us today to scale and support our growing client base”.

UTP Merchant Services,  a provider of market leading credit and debit card payment solutions, has partnered with Visit Pembrokeshire to provide cost savings and advice for their members while supporting the Pembrokeshire Coast National Park Trust.

Following the disruption caused by Covid-19, Destination Management Organisations (DMOs) and tourism organisations across the UK have experienced increased demand for specialised financial advice from member businesses, and many have struggled with both with the upturn in demand and complexity of requests.

Visit Pembrokeshire, the first DMO in Wales, has been among these organisations, having been inundated with appeals for guidance and impartial advice on how to implement online and Covid-safe payments.

The partnership will see UTP support Visit Pembrokeshire’s members’ businesses to alleviate the pressures of updating their payment infrastructures.

For every live deal, UTP will donate to the Pembrokeshire Coast National Park Trust. The Trust works to protect and conserve the Pembrokeshire Coast National Park, promotes outdoor learning, and provides young people with the practical skills needed for access to local employment opportunities.

The partnership was spearheaded by Kevin Betts, Partner Manager at UTP, who said: “During the pandemic, SMEs in all sectors suffered huge disruption and hardship. We initially responded by suspending our fees and working with our merchants to ensure a compassionate and responsible approach to help businesses get back on their feet. However, we felt we could do more.

We knew many DMOs / tourism organisations were struggling to meet their members’ demands for guidance and that we could offer our expertise and services while continuing to give something back. We have put together a special offer for tourist boards and as part of the offer, for every live deal, UTP commits to donating to a local charity so both local businesses and the wider community can benefit.”

UTP terminals provide contactless and mobile payments for businesses looking to become more Covid secure. Their Payment Gateways help businesses that are either restructuring or setting up websites for eCommerce, and their Virtual Terminals support businesses that take numerous payments over the phone. The processing fees of current suppliers are reduced and UTP’s Faster Processing offers same day payments, whether in-store or online.

Michael Ault, CEO at UTP, added: “Our partnership with Visit Pembrokeshire means we can take much pressure off their internal resource, help stimulate the local economy, and with every deal triggering a donation to the Pembrokeshire Coast National Park Trust, we can play our part in protecting this spectacular and cherished British coastline.”

 AppSealing, a leading mobile application security solution provider and a service of INKA ENTWORKS, announced the launch of its data encryption solution for Android applications. With this solution, companies can protect a slew of sensitive data like authentication tokens, unique identifiers, and passwords from unauthorized access and modification. The premium addition of this solution to its mobile application protection suite further reiterates AppSealing’s commitment to enabling companies to fend off cyber attackers and prevent illegal application access, theft, deletion, or modification. Companies can now take better control of their data in a much more proactive manner.

The solution offers top-notch encryption architectures and supports AES 256 encryption, the strongest encryption standard in the world. It provides industry security standards like PCI DSS (Payment Card Industry Data Security Standard), GDPR (General Data Protection Regulation), and HIPAA (Health Insurance Portability and Accountability Act). Companies can be compliance-ready instantly without any coding or SDK integration.

James Ahn, CEO with INKA ENTWORKS, explains the relevance of data encryption for fintech companies: “Fintech industry is booming. The global fintech market, which was worth $128Bn in 2018, is expected to touch a figure of $310Bn in 2022. We have been collaborating with our clients to secure their mobile applications. Our latest offering of end-to-end data encryption further strengthens our mobile application security portfolio and leadership position in the market. We are pleased to make fintech, payments, banking, and gaming apps a lot more secure. We are excited to partner with our customers and help them be compliant, protect sensitive data, take relevant actions against hackers, and build their business and reputation confidently.”

“Digital banking enables companies to provide fintech and banking services at the touch of a button. It is a great way for companies to serve their customers, but it also means opening Pandora’s box since attackers are lurking around. Data localization restrictions also put an additional responsibility. With data encryption, we aim to help Fintech companies focus on customer experience, compliance with localization policies, and revenue generation within the safe walls of security,” says Govindraj Basatwar, Global Business Head with INKA ENTWORKS. 

The key features include:

• Whitebox AES 256 & FIPS 140-2 encryption for Android mobile devices, software, and operating systems
• Runtime protection covering encryption keys, API keys, authentication tokens, etc.
• End-to-end support system encompassing legacy native file input/output interface

Companies can thus leverage AppSealing’s data encryption solution to protect sensitive data pertaining to their Android applications. The robust encryption standards ensure 100% coverage of emerging attack vectors, to provide a complete safety net to mobile applications.

The solution offers top-notch encryption architectures and supports AES 256 encryption, the strongest encryption standard in the world. It provides industry security standards like PCI DSS (Payment Card Industry Data Security Standard), GDPR (General Data Protection Regulation), and HIPAA (Health Insurance Portability and Accountability Act). Companies can be compliance-ready instantly without any coding or SDK integration.

James Ahn, CEO with INKA ENTWORKS, explains the relevance of data encryption for fintech companies: “Fintech industry is booming. The global fintech market, which was worth $128Bn in 2018, is expected to touch a figure of $310Bn in 2022. We have been collaborating with our clients to secure their mobile applications. Our latest offering of end-to-end data encryption further strengthens our mobile application security portfolio and leadership position in the market. We are pleased to make fintech, payments, banking, and gaming apps a lot more secure. We are excited to partner with our customers and help them be compliant, protect sensitive data, take relevant actions against hackers, and build their business and reputation confidently.”

“Digital banking enables companies to provide fintech and banking services at the touch of a button. It is a great way for companies to serve their customers, but it also means opening Pandora’s box since attackers are lurking around. Data localization restrictions also put an additional responsibility. With data encryption, we aim to help Fintech companies focus on customer experience, compliance with localization policies, and revenue generation within the safe walls of security,” says Govindraj Basatwar, Global Business Head with INKA ENTWORKS. 

The key features include:

• Whitebox AES 256 & FIPS 140-2 encryption for Android mobile devices, software, and operating systems
• Runtime protection covering encryption keys, API keys, authentication tokens, etc.
• End-to-end support system encompassing legacy native file input/output interface

Companies can thus leverage AppSealing’s data encryption solution to protect sensitive data pertaining to their Android applications. The robust encryption standards ensure 100% coverage of emerging attack vectors, to provide a complete safety net to mobile applications.

UK based Technology and FinTech content marketing agency expands its operations to Europe thanks to high growth in 2021.

15^th September 2021 - Copy House, an award-winning content marketing agency specialising in technology and FinTech, has expanded to Europe with the launch of Copy House Europe. This is in addition to landing a new client with social media giant Facebook.

Copy House has been on the rise since it repositioned its business and specialism during the pandemic. The company predicted a 60% annual growth rate at that time but has since surpassed this, having reached a projected growth rate of 280% for 20/21. Due to this rapid growth of clients and employees, Copy House has grown by 900% since it first launched in 2019.

As 38% of Copy House’s clients are based in Europe, Copy House has launched Copy House Europe. This will help the company better cater to all its European clients, reach new and fresh talent by hiring outside of the UK, expand its collective language pool, and further increase its European clientele.

Kathryn Strachan, Copy House’s Owner and Managing Director, commented: “I’m extremely pleased to formally enter Europe. Although we previously had clients in Europe, expanding our company into Europe allows us to capitalise on the growth we’re delivering.

“We’re excited to welcome the best talent Europe has to offer. Since the pandemic, many skilled workers have returned to their home countries, been made redundant or are looking for fresh starts within the creative industry. Copy House Europe will enable us to reach those people and create opportunities for them as well as those within our home, the UK. In addition to new starters, a large number of our team already have strong links to Europe and, due to our work from anywhere policy, they often work in other European countries, so it would be natural for us to strengthen our focus on team diversity and international culture.” 

Since Copy House first opened its doors, its team has grown from one person to 21 people, and counting. In the last six months alone, Copy House has added 14 new team members and the company has sourced some of the best talent from across the UK to deliver high-quality technology and FinTech content.

Copy House has also added 25 clients to its global client base in 2021. These UK and European-based companies include Klarna, Travelex, Cigna, Nutmeg, FICO and more. The most recent of these large wins is social media giant Facebook. Copy House prides itself on its 56.56% annual client retention rate, which includes projects as well as retained clients.

 Atos has been awarded a position on the 2021 IDC FinTech Rankings Top 25 for the fifth consecutive year.

The breadth and scale of Atos as a leader in integrating financial technology solutions for its global banking, insurance and capital markets client base is central to the continued inclusion of the company in the IDC FinTech rankings.

Over the past year alone Atos has secured a broad range of banking, insurance, pensions, and capital markets contracts across multiple continents. Examples include the selection of Atos by Banque Misr, one of the largest banks in Egypt, to support its transformational journey to become the country’s first digital bank - a minimum 10-year contract with Nest to design and build a future focused pension scheme, and an extended agreement to accelerate transformation with Dutch insurer VGZ.

Adrian Gregory, SEVP, Global Head of Financial Services & Insurance and Global Head Atos Syntel, said: “This recognition reflects the continued success of Atos in partnering with many leading financial services providers to help them prosper in a digital world. It also provides a clear indication of our capability to build secure financial services institutions of the future and of our continued focus on growing our presence and client base.”

The IDC FinTech Rankings categorize and evaluate the top global providers of financial technology based on calendar year revenues from financial institutions for hardware, software and/or services.

Legal software provider Peppermint Technology has appointed Sophie Oxley as its new marketing and communications manager, as the company continues to grow its portfolio of clients.

Joining from Microsoft partner sa.global, Sophie has several years’ experience in the Microsoft partner channel, and the legal Independent Software Vendors (ISV) community.

Sophie will have a key strategic role at Peppermint, focusing on how the company goes to market with its accredited legal solutions in the CX365 suite. Her expertise will also drive the development of Peppermint’s strategic marketing plan and the wider marketing of its new and existing products.

Sophie said: “I’m thrilled to join Peppermint Technology at such a pivotal and exciting time. I’m looking forward to being a part of their story as they continue to drive more business in their established UK market, and build upon their recent success in the US with Dickinson Wright PLLC.

“When it comes to technology, fortune favours the brave in the legal industry. This past year has brought a flurry of change that has fundamentally challenged how law firms work. Many of the firms that have adapted to a new normal by leveraging cloud solutions have thrived.”

Peppermint Technology offers intelligent, cloud-based solutions built for modern law firms. Its solutions empower law firms to deliver a world-class client experience and stay competitive in a fast-changing marketplace.

Sophie continues: "Looking ahead, it’s integral for firms to keep prospective clients close and existing clients closer, to harness the potential of intelligent client engagement solutions, and relish the opportunity to break away from platforms which weigh competitive strategy down.”

Peppermint offers intelligent, cloud-based solutions built for modern law firms. Its solutions empower law firms to deliver a world-class client experience and stay competitive in a fast-changing marketplace.

Continually enhancing existing products and services for its expansive customer base, Peppermint builds close relationships with its clients to unlock its collective full potential, working with some of the industry’s top law firms - including DWF, Birketts LLP, CrippsPG, Pennington Manches Cooper, and Blake Morgan.

Insig ESG will enable an evidence-driven approach to ESG investment decision-making

Insig AI, the technology company that provides machine learning solutions for asset managers, is delighted to announce the launch of Insig ESG.

Insig ESG is designed to improve transparent and efficient decision-making by investors looking to develop proprietary and best practice strategies in ESG.  Insig ESG combines machine learning with the analytical tools to surface, visualise and compare ESG disclosures across a vast library of company published reports, including 10-Ks, annual reports, earnings call transcripts and ESG/sustainability reports. 

The Company has developed 15 individual machine learning models to find evidence of disclosure across a comprehensive range of corporate sustainability issues.  These are built on Insig AI's ESG framework that maps directly to standards such as SASB, TCFD, GRI, and the structures used by ratings agencies such as S&P and MSCI.

Combining access to public and private company data, with speed of analysis across different years, documents, and industry benchmarking with the ability to drill down to evidence at sentence level, Insig ESG is a flexible and powerful solution for investors.

Diana Rose, Director of ESG, Insig AI, commented: "Insig ESG combines the best machine learning technology with the highest standards of ESG. We're not aware of any other provider that now offers this capability."

Steve Cracknell, Chief Executive, Insig AI, added: "What our technology team and Diana have delivered provides a material step up in terms of targeting, validating, and influencing ESG performance at companies. Based on recent discussions with several asset managers, I'm confident of the benefits to prospective clients from Insig ESG."

Over 45 leading tech companies from across the country to participate in a two-day virtual recruitment drive

Scaler, a leading upskilling platform for students and working professionals, has announced the second edition of Career Fairs, to be held on 18th and 19th September 2021. Career Fairs is a one of a kind virtual placement drive for Scaler learners to showcase their skills to some of the leading tech companies in the country. Over 45 companies, including the likes of Amazon, Delhivery, Airtel, Freshworks, PayPal, Akamai, etc., will be participating in the drive to hire the best talent in the tech domain from among 1300+ Scalers learners.

The first edition of Career Fair, which was held in May 2021, saw participation from over 20 tech & product companies and 200+ learners. More than 50% of the students who participated in the recruitment drive received job offers with an average CTC of INR 18 lakhs per annum. Top companies that participated in the drive include Amazon, Genpact, Societe Generale, Delhivery, ZS, Zupee, MoneyTap, Swiggy, Lenskart and McKinsey.

Scaler Career Fair helps offer tech companies access to a vast pool of skilled and experienced tech talent from Scaler's graduating batches. The objective of Career Fair is to connect companies with prospective candidates and significantly reduce the time to hire for enterprises. Scaler's talent pool consists of backend developers, full-stack developers, frontend developers, among other skillsets. A majority of them are skilled in Java, C++ and C and have expertise in Python, Node and React.

Commenting on the upcoming edition of Career Fair, Abhimanyu Saxena, Co-founder, Scaler & InterviewBit, said, "Today there is no shortage of tech talent in the country. However, the challenge lies in the scarcity of talent skilled in new-age digital skills, which is the global problem the tech industry faces. At Scaler, our goal is to bridge this gap by upskilling techies with the latest in-demand technology skills and producing high-quality software engineers. As a holistic edtech platform, we have created avenues like Career Fair where learners from our graduating batches can connect with prospective employers and realise their career dreams. Over the last few years, we have built a great working relationship with over 600 leading tech and product companies, and 3000+ of our learners work with these organisations. The Scaler Career Fair is proving to be a preferred platform for our partner companies to quench their thirst for quality tech talent."

Naren Krishna, Head of Career, Scaler & InterviewBit, added."At Scaler, we are determined to create value for both our learners and employers. Our hiring partners' encouraging response for our first Career Fair and the placement offers our learners received are testament to this. After the first edition's success, we're excited to announce the second edition of the Career Fair, where more than 1300 students and 45+ companies are expected to participate. True to our ethos, we work closely with companies to understand their requirements and help them hire the best and brightest minds in the tech industry in a seamless manner."

Before the Career Fair, Scaler is also conducting an informative career counselling session for the graduating batch of software engineers. Scaler Learners will get the opportunity to hear first-hand experiences of top engineering leaders in India, including Sathish Vaidyanathan, Senior Director- Software Development at Paypal and Jayesh Sidhwani, Head of Growth Engineering at Disney+ Hotstar. For more information on Scaler Career Fair, visit: https://scaler.vfairs.com/

Scaler has recently introduced an outcome-focused Data Science & Machine Learning program & a subscription-based lifelong career accelerator - Scaler Forever. Further, the start-up also acquired the online learning platform Coding Elements and made vital leadership appointments to accelerate business growth. As a testament to the growing demand for upskilling courses and the popularity of Scaler among the tech community, the user base has grown 5X from the previous financial year and 4X from the last quarter. Scaler has 8,000 active learners on its platform. Given the enormous opportunity in the professional upskilling space, Scaler plans to foray into international markets by early 2022.