• Family Business Place

Synectics Solutions Turns 30!

We all know how hard it can be setting up and running a family business. Juggling cash flow, managing employees, taking risks, not taking risks. The list seems endless. That’s why as a family owned and run business based in the heart of Stoke-on-Trent we are delighted to celebrate our big 30 this year.

Over that time, we’ve won a number of accolades for being technological pioneers - including The Queen’s Award for Innovation – and along the way we have helped to identify and save organisations over £7.8 billion that could otherwise have been lost to error, fraud or wider financial crime.

Synectics Solutions works with data, and lots of it. 1/3 billion records to be precise. That data is used as a force for good by partnering with public and private sector organisations to build data sharing syndicates that provide meaningful insights and help contributors solve common problems.

The challenges that we help to solve are around organised financial crime, money laundering, customer identification and financial inclusion, which can only be addressed through collaboration.

Our message to other family businesses is dream big. We started with just three employees, and now Synectics Solutions is trusted by tier one banks, insurance companies and the likes of the Cabinet Office, and we couldn’t be prouder of all the staff that have helped us on the journey.

Did we mention we’d had some fun along the way too…

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