We are Synectics Solutions. We syndicate data, create insight and solve problems.
Synectics partners with the public and private sector (including tier one banks, insurance companies and the likes of the Cabinet Office) to build data sharing syndicates that provide meaningful insights and help contributors deal with challenges around organised financial crime, money laundering, customer identification and financial inclusion.
We operate two unique datasets – National SIRA and the NFI.
National SIRA is regarded by many financial institutions and insurance companies as the default fraud detection and prevention solution. It is the largest syndicated database of cross sector customer risk intelligence in the UK, with over 160 contributing members. By using SIRA, contributors have saved over £3 billion in fraud and errors to date.
National SIRA forms a unique foundation for many of our solutions. Where we excel is overlaying a highly configurable rules engine on this data, and combining it with the latest data analysis capabilities, and machine learning algorithms - very few organisations can combine data and advanced technology in this way. Our solutions have been deployed successfully across the globe by financial, insurance, retail, utility and telco organisations.
Our systems operate 24/7, helping to protect our clients and enable them to make better decisions on financial risk.
Synectics Solutions Limited is fully ISO27001 certified, is a UK Government Specified Anti-Fraud Organisation, and has the infrastructure, expertise and experience required to carry out business-critical data solutions for some of the world’s most regulated organisations.
- United Kingdom
- United States