Synechron, a leading global digital transformation consulting firm focused on financial services and technology organizations which works with emerging technologies such as AI, Blockchain and others has opened its new office located in Riyadh, the Kingdom of Saudi Arabia’s (“KSA”). The new office will enable Synechron to expand its array of key services to multiple banking and technology firms within the Middle East. This marks the 44th office Synechron maintains across 19 countries.

Synechron currently operates two offices in the United Arab Emirates, respectively in Dubai and Abu Dhabi. In recent years, KSA has experienced a transformation of its banking and financial technology sectors, presenting an opportunity for Synechron to scale up its business to support the growth of these sectors. Riyadh, the capital of KSA, was selected for the location of this office as it is at the epicenter of where multiple banking and telecom companies maintain their head offices.

The firm has previously executed projects in KSA, including building a digital branch for a global bank, and currently provides payments-related services for another financial firm.

Faisal Husain, Synechron’s Co-founder and CEO, said of the new office opening, “We are excited to join the Riyadh business community and establish Synechron as a key participant in KSA’s financial services industry, while contributing to the region’s vision and growth. With our expanded footprint, we are able to more closely collaborate with our clients and better enable their digital technology-led business transformation.”

Suhail Basit, Managing Director and Head of Synechron’s MENA Business, added, “We are pleased to expand our presence into KSA and look forward to welcoming a local workforce of talented individuals with the knowledge, skills and passion to work in tandem with our global exerts. We are investing in senior talent to lead our ongoing initiatives and to bring in the desired growth from this fast-growing market. Together, we will develop the customized business solutions that our existing and prospective clients require to scale their businesses. This includes bringing advanced methodologies and tools for Digital Transformation, Data and Analytics, Artificial Intelligence, and more.”

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