New York — IT consulting firm Synechron has launched InvestTech Accelerator program aimed at investment management and asset management sector of the financial services industry.

The current challenges focus on shrinking margins, the need to create operational efficiencies, addressing risk management issues and meeting the growing demand for personalized investment services.

“Synechron continues to invest heavily in R&D and develop ways to apply new, cutting-edge and digitally-forward accelerated technology solutions to solve many of the global financial services industry's most difficult business and operational challenges,” said Faisal Husain, Synechron Co-founder and CEO.

“Our Accelerator program solutions not only seek to mitigate problems but can identify and help companies adapt and pursue new opportunities that can set them apart,” he added.

The company said that it has collaborated with experts across the investment management industry, as well as numerous external partners, to focus on artificial intelligence and predictive analytics-driven solutions.

Sandeep Kumar who heads InvestTech Accelerator Program said its program will address multiple use cases and can be fully customized to the particular needs and nuances of each firm, utilizing the underlying technology components as building blocks.