Latest news with #Synpulse
Yahoo
3 days ago
- Business
- Yahoo
Thailand's KBank deploys Synpulse8's digital platform
Kasikornbank (KBank) Private Banking in Thailand has deployed a customised front-end relationship manager tool, developed by Synpulse8, the technology division of Synpulse. The platform, based on Synpulse8's Wealth Cockpit, was introduced to modernise wealth management operations, equipping relationship managers and financial advisors with an advanced digital interface to improve client interactions. The initiative, launched in April 2024 and completed by December 2024, forms part of KBank Private Banking's strategy to digitise its services. The platform consolidates the client investment process into a single system, addressing previous inefficiencies caused by multiple front-end tools that limited the ability of relationship managers to deliver prompt, personalised client support. KBank's private banking's business strategy and enablement head Sujai Hanchaowong said: 'The implementation of Wealth Cockpit enables our relationship managers to access insights more quickly and make better-informed investment decisions—ultimately elevating the client experience.' The platform's rollout is now extending beyond private banking to KBank's retail banking operations, broadening its influence across the bank's wealth management framework. The Wealth Cockpit platform simplifies workflows by integrating essential tools into a unified system, replacing the need for relationship managers to navigate multiple platforms for tasks such as client onboarding, advisory services, and transaction execution. It supports a wide array of investment assets and financial instruments, offering a comprehensive solution for wealth managers. The platform incorporates up-to-date local regulations, pension schemes, and tax considerations, alongside tools for portfolio, product, and risk simulations to aid decision-making. Both advisors and clients can access the platform online, inputting data that can be used to enhance future interactions. Additionally, the platform facilitates portfolio allocation, the creation of tailored investment proposals, and continuous monitoring of risk exposures and portfolio performance. It triggers alerts to both clients and relationship managers to maintain portfolio health. An integrated AI assistant supports users by providing product information, document searches, and interaction with platform features, with plans for future enhancements to include external data sources such as market insights, according to the company. Synpulse8 co-CEO Salomon Wettstein said: 'Wealth Cockpit is a game-changer for the wealth management space, providing a smarter, more efficient way for RMs to serve their clients.' In 2024, Synpulse and Instinct Digital collaborated to enhance digital transformation in financial services, focusing on asset and investment management firms. "Thailand's KBank deploys Synpulse8's digital platform" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Korea Herald
3 days ago
- Business
- Korea Herald
Kasikorn Private Banking launches front end tool developed by Synpulse8, empowering Relationship Managers
Using the Synpulse8 Wealth Cockpit as a baseline, the KBank Private Banking and Synpulse team delivered a bespoke RM front-end tool to manage the end-to-end Private Banking customer investment journey. BANGKOK, July 7, 2025 /PRNewswire/ -- Synpulse8, the technology arm of Synpulse, is proud to announce the successful implementation of a bespoke front-end relationship manager (RM) tool, based on Synpulse8 Wealth Cockpit, at Kasikornbank (KBank) Private Banking in Thailand. This milestone marks a significant step forward in transforming wealth management operations, empowering KBank Private Banking's relationship managers (RM) and financial advisors with an intelligent and seamless digital experience. The implementation of this bespoke tool is part of KBank Private Banking's strategic project aimed at digitalising its private banking services. The project commenced in April 2024 and was successfully completed in December 2024. The Synpulse team built a single platform to manage the front-end customer investment journey for KBank Private Banking. A key challenge the project aimed to address was the limitations of several front-end tools, which often constrained relationship managers from providing timely, tailored support to their clients. Designed and built specifically to meet KBank Private Banking's requirements, the new platform removes these barriers by streamlining workflows and enabling a more intelligent, responsive experience. It is now being rolled out beyond private banking to retail banking, ensuring a broader impact on the bank's wealth management ecosystem. Wealth Cockpit is an innovative relationship manager (RM) platform that consolidates and simplifies wealth managers' workflows by integrating all essential tools into a single, unified system. Traditionally, RMs rely on multiple front-end systems for various tasks, from onboarding, providing advisory services to executing transactions. Wealth Cockpit eliminates these inefficiencies, offering a streamlined and intuitive experience that enhances productivity and client engagement. Key Benefits of Synpulse8 Wealth Cockpit: "We are thrilled to support KBank Private Banking on this landmark achievement," said Salomon Wettstein, Co-CEO at Synpulse8, and Managing Partner at Synpulse. "Wealth Cockpit is a game-changer for the wealth management space, providing a smarter, more efficient way for RMs to serve their clients. This go-live is a testament to our commitment to driving digital transformation in the financial sector in Asia." Sujai Hanchaowong, Business Strategy and Enablement Head of Private Banking at KBank Private Banking, added: "At KBank Private Banking, we are constantly seeking ways to enhance the efficiency and effectiveness of our wealth management services. The implementation of Wealth Cockpit enables our relationship managers to access insights more quickly and make better-informed investment decisions—ultimately elevating the client experience. We continue to prioritise the growth and empowerment of our RM teams, which helps us attract and retain top talent. This, in turn, translates into stronger client relationships and better service. This initiative represents a significant step forward in our digital transformation journey". KBank Private Banking's adoption of Wealth Cockpit underscores its commitment to innovation and excellence in wealth management, ensuring its financial advisors have the best-in-class tools to deliver superior client experiences. As Synpulse8 continues to revolutionise financial services through technology, this successful implementation at KBank Private Banking represents a strategic leap forward in wealth management digitalisation. Building on this momentum, Synpulse8 is also driving similar projects in APAC and the Middle East in collaboration with leading regional banks, further expanding its global footprint and delivering cutting-edge wealth management solutions across key markets. About Kasikornbank Kasikornbank (KBank) is a Thai bank that offers commercial banking, securities, and other financial services. It provides a comprehensive range of financial solutions to individuals and businesses, with a strong focus on innovation and customer-centric solutions. With a strong focus on innovation and customer-centric solutions, KBank continues to lead the way in Thailand's digital banking evolution. About 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 1200 employees, who come from over 30 countries.
Korea Herald
05-06-2025
- 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
05-06-2025
- 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:
