Empowerment through Data Independence | FinTech Focus TV with George Toursoulopoulos

Welcome back to another episode of FinTech Focus TV. Today, Toby is joined by George Toursoulopoulos, CEO of Synetec.

Synetec are a tech and data consultancy working mostly with buy-side asset managers in the UK, Europe and now the US. In this episode, George shares his learns from his extensive career and the challenges that Synetec are tackling to help their customers.

Some argue that the buy-side space has been underserved in terms of technological innovation, but recently, that’s all changing. Challenges like the 2008 market crash and the COVID-19 pandemic have lead firms to embrace tech and data in a far greater way.

George elaborates on how businesses in the buy-side space have moved from a habit of outsourcing with costly, bespoke systems to the adoption of saas offerings. The industries impression of the public cloud has certainly evolved and this has encouraged an investment of innovation. With that comes more frequent changes, allowing firms to quickly adapt and own their data.

George is coining this data transformation trend “Data independence” and believes companies should be empowered to take ownership of their unique stories through their unique data.

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