The mega shifts in technology driving digitization, virtualization, mobilization, personalization, anticipation, augmentation and more, are changing the way customers think and how businesses need to change the way products and services are delivered.

Syncrasy’s Data Discovery Platform provides the foundation and solution building applications needed to keep pace with, and get ahead of the accelerating rate of business, social and economic transformational change.

Explore with us how Syncrasy technologies can help support your transformational change journey.

Designed for Agility, Performance & Scalability

Syncrasy’s Platform Core abstracts away the complications of building modern, data centric digital products and services, allowing enterprises of all sizes and sectors to affordably compete in this hyper-connected world.

Underpinning Syncrasy’s pre-engineered Software Feature Sets, Application Development Tools & Application Cloud Resources, Syncrasy’s Platform Care is fault-tolerant, distributed and extensible by design, with modern, highly-available and load balanced resource scheduling and processing that is elastically scalable both at the application and compute resource deployment level.

Syncrasy’s Cloud Resources include a Kubernetes orchestration Framework with full-stack automated operations ensuring consistent operations, workload management, and enterprise-grade security from edge-2-cloud.

Fault-tolerant, distributed and extensible by design, Syncrasy’s Cloud Resources support highly-available load balanced resource scheduling and processing that is elastically scalable both at the application and compute resource level, ensuring that enterprises can:

• Deploy applications quickly and predictably.
• Scale applications on the fly.
• Seamlessly roll out new features.
• Optimize use of hardware by using only the resources needed.
• Deliver cloud-native applications that are portable across AWS, Microsoft Azure, Google Cloud and OnPrem environments.

Now you can - start small & grow big.

Traditional data queries demand significant IT intervention before data can be queried.

Syncrasy’s datastore-aware Query Optimizer is a sophisticated component that enhances the performance, efficiency, and adaptability of Syncrasy solution database queries by making intelligent optimization decisions that are specifically tailored to the underlying datastore’s architecture and capabilities, including:

• Query Transformation. The optimizer might rewrite or reorganize the query to make the best use of indexes or to minimize data movement.
• Cost-Efficiency. By understanding the underlying datastore, the optimizer will minimize the number of disk I/O operations, network traffic, or CPU usage.
• Tailoring Execution Plans. Based on the datastore's capabilities, the optimizer will tailor the query execution plan to minimize latency and maximize throughput.

Syncrasy’s container-based Virtualization Technology provides a lightweight, low-cost alternative to full machine virtualization that manages both applications and storage to create a flexible, highly available computing environment.

Enterprise Features include:

• Centralized management.
• Automatic backup and restore.
• Supports network storage: NFS, ISCSI and SDS.
• Scales from a single node to large clusters.
• Optimized for performance and usability.
• HA, live migration, cloning of VM’s.
• Fast and easy horizontal scaling.

As new data requirements surface, solution providers need storage solutions that can quickly and affordably adapt. Syncrasy software-defined storage options scale without limits, support new data workloads and leverage existing storage infrastructure.

Enterprise Features include:

• Ready for new datatypes including block, object, and file storage combined into one Framework.
• No vendor lock-in to proprietary hardware.
• Self-healing with no single point of failure.
• Automatic balancing for maximum performance.
• Advanced algorithms for best use of hardware.
• Massively scalable across bare metal, hybrid and cloud deployments.

Running on COTS hardware in any bare metal, virtualized, cloud or hybrid infrastructure, Syncrasy solutions are fully optimized for all infrastructures, significantly reducing deployment costs and maximizing the flexibility to start with a minimum investment and expand as you build progressive value.

Deployments can run anywhere, eradicating the complexities of migrating between different cloud providers, and everywhere – all at the same time, ensuring that sensitive data can be held on-premises whilst anonymized and less sensitive data can take advantage of flexible cloud infrastructures. Including AWS, Microsoft Azure and Google Cloud.

Quickly, easily and reliably collecting, moving and exporting massive amounts of structured and unstructured data into and out of the Syncrasy Framework components.

Simplifies connections to:

• Enterprise Applications.
• Relational Databases, NoSQL Databases.
• Enterprise Data Warehouses.
• Transactional Text, CSV, Excel Data.
• Social Media Text, Audio, Video.
• Image, Geospatial and Video Motion Data.
• Machine Sensor and IoT Device Data.

Syncrasy provides the ability to curate, transform, enrich, store and analyze data in real-time, on-premises or in the cloud. and build parallel data pipelines using multiple pre-engineered technologies to fit the use case.

Equally well designed for small scale data sources that make up the Internet of Things as well as large scale enterprise integration, Syncrasy’s data flow technologies allow our solution development teams to respond quickly and easily to new information requirements and build digital business disruptors.

Where source data field contents are known to contain Personal Identifiable Information (PII) and other sensitive data, the data management functions can be used to hide or quarantine PII and other sensitive data at the point of data ingestion.

Syncrasy’s multitenant / multilingual database architecture, built on top of PostgreSQL, provides a cost-effective, scalable, and secure solution for modern web and cloud applications needing to serve a diverse set of tenants and users.

Providing robustness, data integrity, and reliability, Syncrasy’s database architecture incorporates a wide array of advanced features including:

• Internationalization and localization features including a multilingual data storage.
• Data isolation for tenants, ensuring security, privacy, and reducing the risk of data leakage between tenants.
• Scalability. As the number of tenants grows, the database can be scaled up or scaled out, crucial for applications expecting growth in the user base or data volume.
• Customizability per Tenant. Different schemas or configurations can be used to cater to the unique needs or preferences of each tenant, without affecting others.
• Easy Maintenance and Upgrades. System Administrators only need to update a single system, rather than managing updates for multiple databases for each tenant.
• Cost-Efficiency: By using a single database instance to serve multiple tenants, the cost of infrastructure and maintenance is significantly reduced.

Syncrasy’s multitenant / multilingual database architecture powers the creation global partner ecosystems that help to lower costs, reduced business risks and generate new marketing opportunities.

Syncrasy solutions deliver highly scalable and user friendly, self-service Multidimensional Online Analytical Processing (OLAP) and Full Text Search capabilities.

For dynamic real-time data update requirements, OLAP cubes are built on the fly and stored in memory, providing sub-second response times at volume and automatically reflect the current state of the underlying data.

Full Text Search capabilities include:

• Easy content discovery with lightning-fast responses.
• Smart matching and relevant results.
• Rich document parsing and geospatial search.
• Faceted search and filtering.
• Advanced text analysis & language detection.

As the benefits of Edge IoT materialize, including real-time data processing, reduced latency, improved reliability, reduced data transit costs, enhanced data security and privacy, so do the benefits of Edge AI (Artificial Intelligence).

AI systems are designed to simulate human intelligence by mimicking cognitive functions such as learning, problem-solving, perception, and understanding natural language.

By moving AI to the Edge, IoT is transformed from a simple data collection network into a distributed system of intelligent devices capable of sophisticated local data processing and autonomous operation, including:

• Real-time facial and object recognition.
• Enhanced predictive maintenance.
• Real-time alerts for abnormal readings.
• Localized behavior analysis.
• Autonomous navigation, obstacle avoidance, and decision-making without latency.
• Energy usage optimization.
• Real-time tracking with predictive outcomes.

Syncrasy solutions provides the capability to both:

• Seamlessly integrate enterprise data into 3rd party visualization and analysis tools.
• Build customizable and shareable dashboards and reports that address use case requirement needing an intuitive and collaborative way to view and analyse solution information.

These capabilities empower solution users to access, understand, and analyse data independently, without the constant need for IT or data teams' involvement and are critical for solutions that aim to be agile and data-driven in the fast-paced environment of today.

With Syncrasy's Pluggable Application Applets, solution providers can integrate Contactless, Handsfree and MIFARE applications within their devices, broadening functionality and widening the addressable market to include 750+ Cities that already use MIFARE applications such as contactless transit, micropayments, and access experiences for citizens.

Syncrasy’s device deployed MIFARE Applet, supported Syncrasy’s payments grade edge to cloud security opens the door to more than 40 different applications covering:

• Transportation.
• Access.
• Loyalty.
• Micropayments.
• Electronic Identity.
• Smart Media/Consumer Interaction.
• Gaming.

Event-driven Power Management is crucial for extending IoT device battery lives and is often deployed in remote or inaccessible locations where changing or recharging batteries can be challenging.

By optimizing power consumption and activating device functions only when necessary, event-driven power management helps ensure that IoT devices operate efficiently and maximize their battery life.

Key event-driven power management options for IoT devices include:

• Low-Power Modes.
• Wake-On-Event Mechanisms.
• Interrupt-Based Processing.
• Scheduled Reporting.
• Adaptive Sampling Rates.
• Dynamic Voltage and Frequency Scaling (DVFS).
• Firmware and Software Optimization.
• Energy-Harvesting Solutions.
• Battery Optimized Charging Cycles.

By implementing event-driven power management strategies, solution deployments can strike a balance between responsiveness and power efficiency.

Depending on solution requirements and budget constraints, Syncrasy provides a range of security deployment options including:

• Device Authentication: Use of strong, unique credentials for each device to prevent unauthorized access.
• Data Encryption: Encryption of data both in transit and at rest to protect sensitive information from being intercepted or accessed by unauthorized parties.
• Network Security: Secure networks with firewalls.
• Embedding of tamper-resistant hardware circuits (secure elements) in IoT devices, widely recognized as the strongest approach to creating a root of trust and safely store credentials. Each secure element acts as a vault and performs essential tasks, including cryptographic processing, generation of truly random numbers, and secure storage of authentication and attestation keys providing advanced security mechanisms that safeguard credential provisioning, device onboarding, and cloud connectivity.

Situation and Context Awareness integrates location-based data, real-time situational information, and contextual factors generated by add-in sensors to provide relevant insights and personalized responses.

Situational awareness focuses on understanding the immediate situation, while context awareness involves a broader understanding of the environment, including factors that may impact or provide additional insights into the situation. Both concepts are vital for making well-informed decisions and providing tailored services in various domains, including technology, safety, and human interactions.

Applications include collision avoidance in mines, construction sites & hospitals, first responder safety, personalized advertising and hospitality services.

Spatial Awareness & Precise Localization involves more advanced technologies and sensor fusion algorithms to achieve accurate and absolute positioning of objects in three-dimensional space. This approach is employed in applications where centimetre-level precision and accuracy are essential, such as robotics, precision agriculture, and “findmy” services.

Depending on the use case, devices may be equipped with a variety of technologies, including:

• GPS (Global Positioning System).
• Inertial Measurement Units (IMUs) that track movement and changes in orientation.
• Cameras: Visual data from cameras can be used for object recognition, feature extraction, and environmental mapping.
• LiDAR (Light Detection and Ranging) enabling the creation of detailed 3D maps of an environment.
• Ultrasonic sensors for obstacle detection.

Spatial Awareness is essential for a wide range of applications, from navigation and robotics to augmented reality and indoor mapping.

Nearby Device Experiences provide interactions and functionalities that become possible when devices or applications can detect and communicate with nearby devices or objects.

Examples of nearby device experiences include:

• File Sharing and Content Transfer.
• Device Pairing and Setup.
• Printing and Scanning.
• Wireless Audio Sharing.
• Proximity-Based Authentication.
• Gaming and Entertainment.
• IoT Device Control.
• Indoor Navigation and Location-Based Services.
• Collaborative Work and Productivity.
• Health and Fitness Tracking.

Overall, nearby device experiences enhance convenience, efficiency, and interactivity in various aspects of daily life, making it easier for devices and users to seamlessly interact with their surroundings and with each other.

Nearby Positioning Services provide the relative position of devices or objects in close proximity to each other, suitable for indoor positioning, asset tracking, and location-based marketing applications.

Nearby Positioning Services provide a more generalized approach to location and is suitable for applications where high precision is not critical, and approximate relative positions are sufficient.

Combining multiple technologies for increased accuracy and robustness, Nearby Positioning Services have a wide range of applications from enhancing user experiences in retail environments to improving safety and efficiency in mining & industrial settings. They can also be integrated with GPS for seamless outdoor-to-indoor navigation transitions.

GUDIs are unique identifiers assigned to digital entities, typically associated with digital objects, data, or records, to ensure their distinct identification in a global context. GUDIs are used to avoid naming conflicts, facilitate data management, and enable efficient retrieval and tracking of digital assets across various systems, networks, and databases.

Key aspects of GUDIs include:

• Uniqueness, with no two digital entities sharing the same identifier.
• Structured Format to enhance their readability and manageability.
• Interoperability between different systems and databases.
• Metadata and Attributes that provide additional information about the digital entity.

GUDI’s also have a wide application range including:

• Digital Rights Management.
• Version Control.
• Data Tracking and Audit Trails.
• Security as part of access control systems.

Syncrasy provides integrated environmental sensor technology to economically deliver location-based air quality monitoring & reporting.

Sensors detect PM2.5 particulate matter concentrations, IAQ index constituents, barometric pressure, humidity and temperature.

Augmented by AI software, this technology is also trainable to detect Volatile Organic Compounds, Volatile Sulfur Compounds and other use case specific gases such as carbon monoxide and hydrogen, opening the door to wider use case deployments including:

• “Sick building” avoidance.
• Supply chain spoiled food detection.
• Gas & toxic chemical leakage detection.
• Early wild-fire detection.
• First responder protection.
• Hazardous environment reporting.

Syncrasy’s air quality monitoring technologies are Tiny, Noiseless, Fanless, Maintenance-free, Cloud Connected, and can be Solar Powered.

Pluggable Sensor Architecture accommodates external sensor add-ins for most use cases, with no or minimal modifications required to manage the different data types and volumes, cost-effectively broadening device functionality and marketability.

• Acoustic, sound, vibration.
• Chemical.
• Electric, magnetic, radio.
• Environment, weather, moisture, humidity.
• Flow, fluid velocity.
• Position, angle, distance, speed, acceleration.
• Optical, light, imaging.
• Pressure.
• Gases.
• Force, density, level.
• Thermal, heat, temperature.
• Proximity, presence and more.

Connect ANY external sensor communicating via UWB, BLE, or NFC and inherit MultiSense Chip to Cloud enhanced security.

Increasing regulation, mega shifts in technology and changing social behaviors are forcing banks to appraise the ongoing viability of their business model and decide how they innovate in order to compete and survive.

Some options are:

Option – 1 Do Nothing is probably not an option because there is a growing number of providers for all banking products and services offering lower prices, easier access and better customer service.

Option – 2 Become an infrastructure provider to other banks or fintech companies by achieving significant economies of scale.

Option – 3 Become a virtual financial advisor using financial products and services from a multitude of partners and leveraging available customer data.

Option – 4 Leverage existing competitive advantages by thinning down and combine only strategically important own-labelled products like current accounts (for data, cheap deposits) and payments (data) with 3rd party products and services.

Whichever way banks choose to meet a changing future Syncrasy’s Data Discovery Platform will underpin the drive to be future ready.

Proprietary data warehouses, outdated ETL systems, customer demands for new interactive line of business applications, digital invaders and increasing regulation are threatening the ability of banks to compete and survive.

However, replacing these systems on mass would be a major undertaking, thwart with risk, business disruption and potential failure.

An alternative would be to leverage the modern IT architecture of Syncrasy’s Data Discovery Platform to underpin, utilize and extend existing resources and position the bank with the IT infrastructure needed to address new data driven initiatives and be future ready.

In an increasingly customer-centric world, the ability to capture and use customer insights to shape products, solutions and the buying experience is critical.

But for most banks building a comprehensive customer profile from isolated in data silos, application platforms and customer interaction points is often out of reach.

Syncrasy’s Data Discovery Platform overcomes these obstacles by providing the data architecture and data processing capabilities to consolidate and correlate vast amounts of customer operational data to unlock the patterns that help identify customer needs, learn from their behaviors and deliver personalized interactions.

Most banks are forging ahead with their risk and compliance initiatives, even as regulatory uncertainty will likely remain a significant and ongoing challenge. 

Out of date ETL systems and legacy data warehouses are all hindering efforts by risk assessment teams to understand whether available data is current, accurate and comprehensive.

With Syncrasy’s Pluggable data curation, analysis, analytics and machine learning applications, banks can build multiple data pipelines from a trusted “single source of truth” to:

• Improve the quality and accuracy of operational data.
• Satisfy regulatory and audit requirements.
• Use self-service analytics to improve risk assessments.
• Develop machine learning algorithms to cross correlate relationships and predict risk scenarios.
• Deliver timely reports to all information consumers.

Fraud losses incurred by banks and merchants on all credit, debit, and prepaid general purpose and private label payment cards issued worldwide reached $22.80 billion in 2016.

Whilst banks seek to prevent fraud by analyzing current and historic data, the evolution and complexity of fraud schemes has made existing methods of detection based on subsets of data obsolete.

Syncrasy’s Data Discovery Platform supports a new generation of detection and prediction mechanisms by providing the data architecture and data processing capabilities to consolidate and correlate vast amounts of historical claims data with new data sources, including social media content, clickstreams, web log data and others for real-time detection of fraud and identification of fraudulent patterns.

Specialized banking line of business applications underpin essential day to day operations but typically record data in proprietary and diverse databases making it difficult to cross correlate data.

Legacy DataMart's and ETL systems have helped to aggregate summarized data from multiple applications, but running on expensive proprietary storage platforms these systems are difficult to scale and don’t accommodate today’s types and volumes of data.

Syncrasy’s Data Discovery Platform overcomes these issues by providing the data architecture to quickly, easily and reliably collect, curate, transform, enrich and aggregate ANY data from ANY source.

With the ability to store more data for longer, within and across geographic boundaries, insurers can build true 365º enterprise intelligence.