Latest news with #Synpulse
Korea Herald
2 days ago
- Business
- Korea Herald
Synpulse successfully partners with Judo Bank to complete its Core Banking Transformation
SINGAPORE, June 5, 2025 /PRNewswire/ -- Synpulse, a global management consultancy with deep expertise in financial services, is pleased to announce the successful completion of Phase 2 of Judo Bank's core banking transformation journey, building on the strong foundation established in the initial go-live in mid-2024. Phase 2 focused on the delivery of a comprehensive term deposit offering on Judo Bank's new core banking platform, powered by Thought Machine. Over a period of 7 months, Synpulse worked closely with Judo Bank to design, build, and migrate its term deposit products—covering direct and intermediate channels across retail, business, and security-linked accounts. In total, around 63,000 accounts were successfully migrated, marking a major milestone in Judo Bank's broader platform modernisation agenda. The initiative began with a discovery phase in September 2024, followed by an intensive build period starting in October. In addition to launching new term deposit capabilities, the team also completed the migration of a subset of loan accounts from a legacy platform into the Thought Machine system, ensuring all lending products now operate on a single platform. This consolidation significantly streamlined operational processes and enhanced visibility across the bank's product suite. With all core products—lending and term deposits—now live on Thought Machine, Judo Bank is positioned to retire one of its key legacy platforms by mid 2025. This strategic shift enables the bank to significantly improve operational efficiency, reduce technical debt, and accelerate time-to-market for future innovations. Commenting on the successful completion of Phase 2, Rahul Bansal, Partner and Global Head of Retail and SME Banking at Synpulse, said: "We are proud to continue our partnership with Judo Bank on this transformative journey. Phase 2 was all about building on the momentum of the first phase—extending the platform's capabilities with term deposits and completing critical migrations that pave the way for a simplified, scalable banking environment. This marks a key milestone not just in Judo's platform journey, but also in Synpulse's expanding presence in the Australian market." Rosanna Fornarino, Chief Operating Officer at Judo Bank, added: "With Phase 2 complete, we have a modern, unified core banking system that supports both our lending and deposit products. This gives us the flexibility to innovate faster, operate more efficiently, and deliver even better outcomes for our customers. Synpulse has been a strong and collaborative partner throughout, and we're excited about what comes next." This latest phase reinforces Judo Bank's commitment to modernising its technology stack and delivering customer-first banking through a robust and future-ready platform. About Judo Bank Judo Bank is Australia's first purpose-built challenger bank for small and medium-sized businesses (SMEs) and on 1 November 2021, was the first commercial bank to list on the Australian Stock Exchange (ASX) in 30 years. Judo was founded by a small group of experienced lending professionals and its purpose is to be the most trusted SME business bank in Australia. The company's relationship-led lending model, which brings back the craft of relationship banking, is enabled by its digital, cloud-based technology architecture. About Synpulse Synpulse is a global professional services company and a valued partner of leading players in the financial services and related industries. We optimise the proximity to our clients and deep domain expertise to create sustainable value using technology as a business driver. Leveraging our strong network of over 100 ecosystem partners, we accompany our clients throughout their transformation journey – from strategy and development to implementation and management. With our tech powerhouse, Synpulse8, we collaborate with our clients to co-create digital experiences with innovative technologies and proprietary methods. Synpulse is powered by the passion and commitment of its more than 1200 employees, who come from over 30 countries.
Yahoo
2 days ago
- Business
- Yahoo
Synpulse successfully partners with Judo Bank to complete its Core Banking Transformation
SINGAPORE, June 5, 2025 /PRNewswire/ -- Synpulse, a global management consultancy with deep expertise in financial services, is pleased to announce the successful completion of Phase 2 of Judo Bank's core banking transformation journey, building on the strong foundation established in the initial go-live in mid-2024. Phase 2 focused on the delivery of a comprehensive term deposit offering on Judo Bank's new core banking platform, powered by Thought Machine. Over a period of 7 months, Synpulse worked closely with Judo Bank to design, build, and migrate its term deposit products—covering direct and intermediate channels across retail, business, and security-linked accounts. In total, around 63,000 accounts were successfully migrated, marking a major milestone in Judo Bank's broader platform modernisation agenda. The initiative began with a discovery phase in September 2024, followed by an intensive build period starting in October. In addition to launching new term deposit capabilities, the team also completed the migration of a subset of loan accounts from a legacy platform into the Thought Machine system, ensuring all lending products now operate on a single platform. This consolidation significantly streamlined operational processes and enhanced visibility across the bank's product suite. With all core products—lending and term deposits—now live on Thought Machine, Judo Bank is positioned to retire one of its key legacy platforms by mid 2025. This strategic shift enables the bank to significantly improve operational efficiency, reduce technical debt, and accelerate time-to-market for future innovations. Commenting on the successful completion of Phase 2, Rahul Bansal, Partner and Global Head of Retail and SME Banking at Synpulse, said: "We are proud to continue our partnership with Judo Bank on this transformative journey. Phase 2 was all about building on the momentum of the first phase—extending the platform's capabilities with term deposits and completing critical migrations that pave the way for a simplified, scalable banking environment. This marks a key milestone not just in Judo's platform journey, but also in Synpulse's expanding presence in the Australian market." Rosanna Fornarino, Chief Operating Officer at Judo Bank, added: "With Phase 2 complete, we have a modern, unified core banking system that supports both our lending and deposit products. This gives us the flexibility to innovate faster, operate more efficiently, and deliver even better outcomes for our customers. Synpulse has been a strong and collaborative partner throughout, and we're excited about what comes next." This latest phase reinforces Judo Bank's commitment to modernising its technology stack and delivering customer-first banking through a robust and future-ready platform. About Judo Bank Judo Bank is Australia's first purpose-built challenger bank for small and medium-sized businesses (SMEs) and on 1 November 2021, was the first commercial bank to list on the Australian Stock Exchange (ASX) in 30 years. Judo was founded by a small group of experienced lending professionals and its purpose is to be the most trusted SME business bank in Australia. The company's relationship-led lending model, which brings back the craft of relationship banking, is enabled by its digital, cloud-based technology architecture. About Synpulse Synpulse is a global professional services company and a valued partner of leading players in the financial services and related industries. We optimise the proximity to our clients and deep domain expertise to create sustainable value using technology as a business driver. Leveraging our strong network of over 100 ecosystem partners, we accompany our clients throughout their transformation journey – from strategy and development to implementation and management. With our tech powerhouse, Synpulse8, we collaborate with our clients to co-create digital experiences with innovative technologies and proprietary methods. Synpulse is powered by the passion and commitment of its more than 1200 employees, who come from over 30 countries. Further information View original content to download multimedia: SOURCE Synpulse Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Malaysian Reserve
05-05-2025
- Business
- Malaysian Reserve
Synpulse announces appointment of Jieke Pan as CTO to supercharge technology house Synpulse8
SINGAPORE, May 5, 2025 /PRNewswire/ — Synpulse, a leading consultancy for the financial services industry, today announces the appointment of Jieke Pan as its Chief Technology Officer (CTO). Jieke Pan is a passionate technology leader with over 20 years of experience in digital transformation, product innovation, and engineering excellence. Jieke is an accomplished CTO, recognised for fostering hyper-collaborative, excellence-driven engineering cultures within the financial sector. Over the past decade, he has held the position of CTO for Hexaware's digital and software division for EMEA / APAC, as well as serving as CTO Advisor and Enterprise Architect for prominent clients in financial services, banking, and insurance. The appointment of Jieke Pan as CTO follows the successful launch of Synpulse8, the consulting's technology house, in 2022. Notable achievements include the deployment of the Synpulse8 Wealth Cockpit at a bank in Thailand, the introduction of the OpenWealth API Standard at LGT and the launch of the reinsurance underwriting workbench for MS Reinsurance. Synpulse8 is dedicated to creating seamless digital experiences tailored for the financial services industry. 'I am excited to join Synpulse8 and lead it into the future. Together, we will bring PULSE8 to new heights, leveraging AI capabilities to meet the evolving needs of the financial services industry,' expressed Jieke Pan. Jieke will lead Synpulse8's global engineering team in delivering customised solutions, pioneering products, and managed platform services in close collaboration with clients and partners. In his role at Synpulse, he will be in charge of the firm's global technology offerings. His focus will be on evolving PULSE8 into a robust solution platform that drives innovation and accelerates progress across the financial services landscape worldwide. PULSE8 is an orchestration platform that seamlessly integrates with legacy systems, efficiently extracting and unifying data to create a tailored environment. PULSE8 will be further empowered with AI capabilities, addressing the pressing need for advanced technological solutions within the financial industry. 'Jieke Pan's appointment as CTO marks a significant milestone for Synpulse8. His extensive experience in digital transformation and engineering excellence will be instrumental in driving our solutions forward,' said Salomon Wettstein, Managing Partner at Synpulse and Co-CEO of Synpulse8. 'With Jieke at the helm, we are poised to enhance our technology offerings and foster a culture of collaboration that will elevate our services in the financial sector,' added Raphael Bianchi, Senior Partner at Synpulse and Co-CEO of Synpulse8. -END- About Synpulse Synpulse is a global professional services company and a valued partner of leading players in the financial services and related industries. We optimise the proximity to our clients and deep domain expertise to create sustainable value using technology as a business driver. Leveraging our strong network of over 100 ecosystem partners, we accompany our clients throughout their transformation journey – from strategy and development to implementation and management. With our tech powerhouse, Synpulse8, we collaborate with our clients to co-create digital experiences with innovative technologies and proprietary methods. Synpulse is powered by the passion and commitment of its more than 1000 employees from 21 offices who come from over 30 countries. More information:
Zawya
13-03-2025
- Business
- Zawya
Backbase and Synpulse partner to accelerate banking transformation across APAC
Combining Backbase's Engagement Banking Platform with Synpulse's regional expertise to deliver customer-centric solutions SINGAPORE - Media OutReach Newswire - 13 March 2025 - Backbase, the leader in engagement banking, today announced a strategic partnership with Synpulse, a premier financial services consulting firm, to accelerate digital transformation for banks across Asia-Pacific. A unified approach to digital transformation The partnership provides banks with a comprehensive transformation approach that includes strategy consulting, tailored platform solutions, and localized implementation services. By combining Backbase's Engagement Banking Platform with Synpulse's deep regional expertise, financial institutions can confidently pivot toward customer-centricity while addressing specific market needs. "This partnership strengthens our ecosystem and ensures banks have both the architecture and specialized expertise needed to accelerate their digital transformation," said Riddhi Dutta, Vice President, ASEAN & South Asia at Backbase. "Synpulse's proven financial services expertise and understanding of regional markets make them an ideal partner to help banks deliver exceptional customer experiences across all touchpoints." "Our combined strengths will enable banks to unlock new growth opportunities and achieve digital transformation goals more effectively," said Yash Shah, Partner at Synpulse. "Together, we provide financial institutions with the guidance and implementation capabilities needed to execute large-scale transformations with confidence." A partnership for banking growth in Asia The partnership aims to deliver three key advantages for financial institutions in APAC: Enhanced business outcomes: Comprehensive consulting and platform integration services to improve customer acquisition, increase share of wallet, and reduce operational costs Localized expertise: On-ground teams delivering market-specific insights, cultural fluency and technical implementation Full-spectrum banking: Addressing a wide range of banking needs spanning retail, SME, and wealth management Backbase's platform, already powering over 150 financial institutions globally, including APAC leaders such as BDO Unibank (Philippines), HDFC Bank (India), and Techcombank (Vietnam), enables banks to unify business lines and modernize around customer needs without vendor lock-in. The company plans to expand its regional footprint to Hong Kong this year. Hashtag: #Backbase #digitalbanking #engagementbanking #retailbanking #omnichannelbanking #businessbanking #smebanking #corporatebanking The issuer is solely responsible for the content of this announcement. Backbase Backbase is on a mission to re-architect banking around the customer. We are the creators of the Engagement Banking Platform – a composable platform that empowers banks to accelerate their digital transformation through progressively modernizing their main customer journeys. From onboarding, to servicing, lending and investing, our platform streamlines every aspect of the customer and employee journey. Pre-integrated with leading core systems and cutting-edge fintechs, it enables institutions to unlock innovation at scale, driving instant value creation. Industry analysts Forrester, Gartner, Celent, Omdia and IDC continuously recognize Backbase's category leadership. Over 150 financials around the world have embraced the Backbase Engagement Banking Platform — including AIB, Banorte, Barclays, BIAT, Bank of the Philippine Islands, BDO, BNP Paribas, Banque Saudi Fransi, BRD, Citibank, Discovery Bank, First National Bank, HDFC, Ila Bank, KeyBank, Lloyds Banking Group, NatWest, Navy Federal Credit Union, OTP Group, PostFinance, Raiffeisen, Standard Bank, Saudi National Bank, Société Générale, and TPBank. Backbase is a private fintech company, founded in 2003 in Amsterdam (Global HQ), with regional offices in Atlanta (Americas HQ), Cardiff, Dubai, Hyderabad, Kraków, London, Mexico City, Singapore (Asia HQ), Sydney, and Toronto. Visit for more. Synpulse Synpulse is a global professional services company and a valued partner of leading players in the financial services and related industries. We leverage the proximity to our clients and deep domain expertise to create sustainable value using technology as a business driver. Leveraging our strong network of over 100 ecosystem partners, we accompany our clients throughout their transformation journey – from strategy and development to implementation and management. With our tech powerhouse, Synpulse8, we collaborate with our clients to co-create digital experiences with innovative technologies and proprietary methods. Synpulse is powered by the passion and commitment of its more than 1000 employees from 21 offices who come from over 30 countries. Backbase
Yahoo
05-03-2025
- Business
- Yahoo
Synpulse appoints Nick Wilde as Senior Advisor to Strengthen Expertise in Retail & SME Banking offerings
SINGAPORE, March 5, 2025 /PRNewswire/ -- Synpulse, a global professional services provider to major banking and financial institutions, is proud to announce the appointment of Nick Wilde as Senior Advisor. Nick's expertise will help drive Synpulse's continued progress in the ANZ region, particularly as the Synpulse enhances its focus on platform migration projects and the development of innovative propositions for retail banks and non-banks across all tiers. Nick brings with him an impressive career in digital banking, fintech, and operational excellence. His unique ability to shape both business and technology propositions makes him a valuable addition as Synpulse continues its push to create transformative solutions for the banking sector. His leadership and experience in core banking modernisation will be integral to shaping the future of retail banking in the ANZ region. Nick's career highlights include: Managing Director at Thought Machine: Nick was responsible for building Thought Machine's brand and scaling its deployment in Asia Pacific from the company's regional headquarters in Singapore. He was instrumental in the growth of Thought Machine Vault Core, securing over 20 clients across 10 APAC countries and expanding Thought Machine's presence in the region. Managing Director at Fiserv and Carreker: Led the establishment of Fiserv's integrated Asia Pacific business, growing the business profitably to over USD$100m. His leadership in scaling the business played a key role in positioning Fiserv as a leader in banking technology solutions across the region, including building a banking advisory business in ANZ for Carreker. Head of Fraud & ID at Experian: Spearheaded AI-driven fraud prevention solutions in over 37 countries With over 20 years of experience in senior sales and business development roles within the banking software technology enterprises across Asia Pacific, Nick brings a wealth of international expertise in scaling and transforming banking technology. Yves Roesti, Chief Executive Officer, Synpulse Group, said "With over two decades of experience in senior sales and business development roles across the banking software technology sector in Asia Pacific, Nick brings a wealth of international expertise in scaling and transforming banking technology. We are thrilled to welcome him as a Senior Advisor at Synpulse." "Nick Wilde's remarkable leadership and innovative contributions to the financial services sector in the ANZ region make him an exceptional addition to Synpulse," said Rahul Bansal, Partner and Global Head of Retail and SME Banking, Synpulse. "His deep understanding of local markets, combined with his global expertise in neo-banking, will be instrumental in shaping transformative platform solutions that drive growth and operational excellence for both retail banks and non-banks in an increasingly digital and competitive landscape." "I am excited to join Synpulse and bring my passion for innovation and transformation to the ANZ market," said Nick Wilde, Senior Advisor, Synpulse. "This region holds immense potential for financial services growth, and I look forward to working with Synpulse to create meaningful solutions that address the unique challenges and opportunities in this market." Building on Synpulse Australia's recent success in retail banking migrations, Nick will collaborate with Synpulse to shape groundbreaking platform propositions for retail banks and non-banks across all tiers. His wealth of experience in neo-banking and fintech innovation uniquely positions him to deliver transformative strategies for financial institutions seeking to stay ahead in a competitive and evolving market. About Synpulse Synpulse is a global professional services company and a valued partner of leading players in the financial services and related industries. We optimise the proximity to our clients and deep domain expertise to create sustainable value using technology as a business driver. Leveraging our strong network of over 100 ecosystem partners, we accompany our clients throughout their transformation journey – from strategy and development to implementation and management. With our tech powerhouse, Synpulse8, we collaborate with our clients to co-create digital experiences with innovative technologies and proprietary methods. Synpulse is powered by the passion and commitment of its more than 1000 employees from 21 offices who come from over 30 countries. Further information View original content to download multimedia: SOURCE Synpulse Sign in to access your portfolio
