Latest news with #SymphonyAI

Finextra
04-08-2025
- Business
- Finextra
SymphonyAI appoints John Edison president, FS division
SymphonyAI, leader in vertical AI, is accelerating adoption of its AI-driven end-to-end financial crime platform and doubling down on its commitment to compliance transformation with the appointment of John Edison as President of its Financial Services division. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Based in Atlanta, Georgia, Edison brings more than two decades of global executive experience in scaling technology businesses and delivering transformative outcomes across the financial sector. SymphonyAI's Financial Services division is experiencing significant momentum, with its advanced solutions empowering leading banks and fintechs to modernize financial crime prevention. Leveraging AI-powered risk scoring, automated suspicious activity report (SAR) narratives, sanctions and adverse media screening, and auditable investigations—all delivered in a secure, explainable platform—SymphonyAI helps financial institutions process millions of risk decisions daily across 40+ countries. These solutions accelerate investigations and reduce false positives by up to 80%, driving rapid SaaS adoption and delivering exceptional value to financial institutions as they face increasingly complex regulatory and threat environments. 'Financial institutions today require more than generic innovation—they demand strategic, AI powered solutions built on deep domain knowledge to achieve real-world impact,' said Sanjay Dhawan, CEO of SymphonyAI. 'As the leader in AI-driven fincrime prevention, we deliver intelligence and action at scale to help organizations stay ahead of evolving threats and compliance demands. John's vision and proven results in software transformation and SaaS growth perfectly complement our mission to equip financial institutions with the tools to address today's—and tomorrow's—challenges. I am excited to welcome John to SymphonyAI, and am confident that under his leadership, our Financial Services division will set new standards for industry innovation and customer success.' Edison joins SymphonyAI from Honeywell, where he served as Chief Strategy & Product Officer for Honeywell Connected Enterprise, driving the design and commercialization of advanced software solutions with tangible business outcomes. At ESKO, a Danaher company, he led a return to growth and a successful transition to SaaS, while at Oracle he repositioned the Financial Services Global Business Unit as an AI and cloud innovator for the risk and compliance market. His diverse leadership history, including roles at Hewlett-Packard and Vignette (now OpenText), further underscores his expertise in scaling software organizations and driving operational excellence. 'SymphonyAI's focus on actionable AI for financial institutions stands out in the industry,' said Edison. 'SymphonyAI is already delivering measurable results at scale, helping financial institutions accelerate investigations and reduce false positives while meeting the highest standards of compliance. In the coming months, I'm focused on deepening our market leadership in financial crime prevention and ensuring we continuee to deliver tangible value across risk, compliance, and operations. The opportunity to build AI that not only keeps up with threats but gets ahead of them is what drew me to SymphonyAI.' John holds a Bachelor of Technology in Mechanical Engineering from the College of Engineering Trivandrum and a Master's in Information Systems Management from Loyola University Chicago's Quinlan School of Business.


Zawya
28-07-2025
- Business
- Zawya
Jumbo Enterprise drives UAE's AI vision forward
From automating workflows and enhancing digital infrastructure to offering personalized experiences and intelligent issue resolution, AI is now pivotal to resilient and efficient operations Dubai, UAE: Jumbo Enterprise, a key business arm of the Jumbo Group and one of the UAE's leading IT providers, hosted AI Innovate 2025, a future-focused knowledge exchange held recently in Abu Dhabi in partnership with H3C, SymphonyAI and Tech First Group (TFG). The event brought together visionary leaders, IT experts, and enterprise clients to explore how agentic AI and intelligent networks are reshaping the modern workplace—transforming operations, accelerating support, and enhancing employee and customer experiences. Held under the theme 'Unlocking the Power of Intelligent Networks and Agentic AI', the event showcased how artificial intelligence is already driving measurable impact across enterprise functions. From workflow automation and digital infrastructure upgrades to personalized services and smart issue resolution, AI is fast becoming central to building resilient and efficient operations. The UAE's National Artificial Intelligence Strategy 2031 aims for AI to contribute over 20% to the non-oil GDP by that year. A recent report ranked the UAE first in the Arab world in the AI Maturity Index, which assesses national readiness for AI by combining learner engagement data with indicators from the International Monetary Fund (IMF) and the OECD. Jumbo Electronics Ltd. spokesperson said: 'AI Innovate 2025 was a bold step toward deepening our commitment to AI-driven transformation in the UAE. We are already witnessing how agentic AI and intelligent networks can reduce manual effort, enhance user experiences, and enable proactive IT management. As a leading solutions provider, Jumbo is proud to collaborate with global partners in our ecosystem to equip clients with the tools they need to lead in an AI-powered future.' At AI Innovate 2025, H3C Global highlighted innovations shaping the future of intelligent computing and digital infrastructure, emphasizing how AI-led transformation can scale securely across industries. Wang Chen, VP, Global Eco-System Development of International BG, H3C added, 'We showcased how our "AI in ALL" and "AI for ALL" strategies evolve and create new possibilities for digital acceleration across sectors. Our innovations spanned around intelligent computing solutions that integrate AI servers and next-generation lossless networking products, these are all state-of-the-art solutions that enhance performance while reducing costs. Our collaboration with Jumbo Enterprise enables clients in the UAE to adopt these solutions with confidence and efficiency.' Meanwhile, SymphonyAI showcased how its Agentic AI for Work simplifies enterprise operations through a unified, intelligent interface. The platform resolves routine IT, HR, and administrative requests—empowering employees with instant, accurate support—without the need to navigate complex systems. Prateek Kathpal, President SymphonyAI said, 'Agentic AI tailored to specific vertical sector requirements marks a new era in workplace productivity. By acting as an intelligent layer across enterprise systems in combination with predictive and generative AI, it dramatically accelerates service delivery while propelling huge productivity leaps and improving user satisfaction. Events like AI Innovate 2025 powerfully demonstrate what's possible today in the fast lane to ROI.' Jumbo Enterprise, the IT services arm of Jumbo Group, is one of the UAE's most trusted managed services providers, with over 300,000 assets under management and 450+ enterprise customers across key sectors such as including Telecom, Transportation, Retail, Hospitality, Education, Healthcare, Public Sector, BFSI, and Manufacturing. Backed by 200+ certified professionals and 30+ OEM partnerships, Jumbo offers Everything-as-a-Service (EaaS), cybersecurity, AVSI, and AI-driven IT solutions tailored to optimize operations, reduce costs, and drive digital growth. About Jumbo Electronics (LLC) Established in 1973, Jumbo Electronics Co. Ltd. is one of the oldest consumer electronics retailers in the UAE with an omnichannel retail experience. The concept offers superior experience and customized offerings on the latest technology products and services, offline as well as online through Founded by the late Mr. Manu Chhabria, the Jumbo Group is a diversified business conglomerate that has established a legacy of Trust and Stability in the over 50 years of its existence. Jumbo OmniChannel Retail offers the best in mobile phones, laptops, TVs, home theatres, cameras, gaming, lifestyle products, accessories and telecom services. Jumbo is the strategic partner for high-end premium brands like Sony, PlayStation, Dyson and Hisense appliances. Jumbo Electronics has 17 stores across the emirates and operates franchisee stores for Sony, Dyson and DU telecom. Instagram: @jumboworld Facebook: @JumboWorld TikTok: @jumbo_world X: @JumboWorld For press enquiries, please contact:PR Agency: Gambit Communications Showkat Rather Senior Account Manager showkat@ Pallavi Chandra Head PR, Jumbo Group