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Synechron CEO Faisal Husain outlines the state of play for fintech in Asia

July 25, 2018

In an ongoing series of articles on the future of fintech, the energetic CEO of technology and business consultancy Synechron, Faisal Husain, has outlined his views on the disruptive technology’s current state of play in Asia.

Faisal Husain was just 26 when in 2001 he and two co-founders launched Synechron, a technology and business consulting firm focused on the financial services sector which has since grown into one the world’s largest and most renowned in its domain – booking revenues of half a billion last year with a staff of over 8000 across 18 worldwide locations, including Singapore, Hong Kong, Japan and the Philippines.

Much of this success rests on the firm’s relentless pursuit of technological innovation, and Husain has during Synechron’s rise become one of the most prominent and respected voices on fintech and blockchain – a subject which is gaining ever more attention in the traditional consulting sphere, and particularly so in Asia; earlier this year, PwC in Singapore and Hong Kong for example picked up a stake in blockchain specialist VeChain.

Previously, Husain spoke to Consultancy.uk on the subject of fintech and blockchain in a wide-ranging interview: “When we look at the FinTech start-up community, while its market share is still small compared to the financial services industry as a whole, the investment and innovation emerging from this space has provided a wake-up call to banks, who have started their own innovation groups and FinTech arms to advance innovation.”

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