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Synechron Announces the Opening of its Montreal, Canada Nearshore Delivery Center

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MONTREAL, LONDON, PUNE, India and PARIS, Aug. 17, 2023 /PRNewswire/ — Synechron, Inc., a leading global digital transformation consulting firm focused on the financial services and big technology organizations, announces the opening of its new Canada Delivery Center, located in the heart of the Montreal financial district. This expands Synechron’s Canadian footprint and enables it to consult with, strategize, build, implement and deliver cutting-edge digital technology and future-forward solutions for leading financial services and technology companies. This office’s dedicated delivery management structure will ensure Synechron teams from across the world operate as an integrated global “virtual team.”

Montreal was selected as a Synechron delivery hub as it sits at the epicenter of North American technology innovations. It is a talent hotspot for furthering the digital revolution that businesses across the world are embracing. Synechron is enthusiastic to be a participant and invest in this lively ecosystem.

The ultramodern Montreal office located at 1250 Boulevard René-Lévesque is Green Building Certified with BOMA and LEED Platinum. It offers a state-of-the-art infrastructure that includes seating for 100 with expansion possible. In addition to a host of modern amenities, the building offers to employees a 200-seat conference center as well as direct access to Montreal’s underground subway network. This new, more expansive office, replaces Synechron’s original Montreal business location, and is in addition to Synechron’s existing business office in Toronto, Canada.

As a trusted global innovation partner to over 100 financial institutions, Synechron has a two-pronged focus: to bring the company’s deep consulting, data, cloud, payments, architecture, engineering and design technology expertise, as well as its significant capabilities for implementation and delivery of customized cutting-edge solutions, directly to clients wherever their operations live.  

Faisal Husain, Synechron’s Co-founder and CEO said, “We are excited to open our new Montreal nearshore delivery center, just as the Montreal financial services community has given us such a warm welcome for our expanded facility. As Synechron continues to grow to meet the needs of our clients, we have plans to hire additional skilled talent who want to join our digital transformation mission,and recognize the opportunities that Montreal and its tech business community offers.”  

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Camille Labat, Senior Manager, Operations at Synechron Montreal added, “Synechron is pleased to expand its Montreal footprint and increase our presence in this diverse and talented community which includes a vast pool of software development tech workers and IT professionals. In close proximity to several major universities, we look forward to welcoming passionate individuals with aligned technical skills, functional knowledge and the desire for the personal development that Synechron offers.”

About Synechron

At Synechron, we believe in the power of digital to transform businesses for the better. Our global consulting firm combines creativity and innovative technology to deliver industry-leading digital solutions. Synechron’s progressive technologies and optimization strategies span end-to-end Artificial Intelligence, Consulting, Digital, Cloud & DevOps, Data, and Software Engineering, servicing an array of noteworthy financial services and technology firms. Through research and development initiatives in our FinLabs we develop solutions for modernization, from Artificial Intelligence and Blockchain to Data Science models, Digital Underwriting, mobile-first applications and more. Over the last 20+ years, our company has been honored with multiple employer awards, recognizing our commitment to our talented teams. With top clients to boast about, Synechron has a global workforce of 14,500+, and has 43 offices in 18 countries within key global markets. For more information on the company, please visit our website or LinkedIn community.

For more information please contact:
Rashmi Joshi
Mob: 9560694654
Synehcron 
[email protected]

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SEC Newgate UK:
Andrew Adie / Sophie Morello / Matthew Redley
[email protected]

Logo – https://mma.prnewswire.com/media/1943591/Synechron_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/synechron-announces-the-opening-of-its-montreal-canada-nearshore-delivery-center-301902558.html

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Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

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Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

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Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

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Italy Ramps Up Crypto Oversight in Line with MiCA

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Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

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This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

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1inch Network Teams Up with Blockaid for Shield API

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1inch Network has collaborated with Blockaid to introduce the 1inch Shield API, a pioneering advancement in Web3 security. This collaboration aims to enhance user protection within decentralized finance (DeFi) by bolstering defenses against fraudulent tokens. Blockaid, renowned for its expertise in Web3 security solutions, utilizes advanced data analytics and machine learning to swiftly identify and flag scam tokens, safeguarding users from potential financial risks.

The 1inch Shield API also addresses compliance with Anti-Money Laundering (AML) regulations through continuous screenings of blockchain addresses. Powered by TRM Labs, this feature scrutinizes addresses for associations with sanctioned entities and illicit activities, preemptively restricting suspect addresses to prevent regulatory infractions.

Additionally, 1inch integrates Etherscan Pro’s blocklisting capabilities to proactively blacklist suspicious addresses, further fortifying its security measures.

This initiative marks a significant milestone in DeFi security, promising unparalleled levels of security and compliance. As 1inch continues to deploy this technology across its platform, it aims to provide developers and users with enhanced protection and confidence in navigating the Web3 landscape.

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Source: cryptotimes.io

The post 1inch Network Teams Up with Blockaid for Shield API appeared first on HIPTHER Alerts.

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