Originally reported by BW CIO / BusinessWorld India, June 2020.
Overview
Synechron, a digital transformation consultancy and technology services provider focused on global financial services, announced a strategic partnership with Google Cloud in June 2020. The partnership is aimed at accelerating enterprise-scale cloud migration and architecture modernisation for Synechron’s financial services client base across the UK, The Netherlands, and the Asia-Pacific (APAC) region.
What the Partnership Covers
Under the agreement, Synechron will deliver cloud-based solution architecture and operating models designed to support two primary workstreams:
- Legacy migration: Moving existing on-premise or monolithic systems to cloud-hosted environments on Google Cloud infrastructure.
- New business activities: Standing up greenfield workloads and enabling cloud-native development for financial institutions entering new markets or product lines.
A core component of the partnership is Synechron’s Google Cloud Centre of Excellence (COE) — a global team of Google Cloud-accredited architects, data engineers, and developers specialising in enterprise-grade, cloud-hosted solutions. The COE is intended to help mutual clients establish secure and compliant application landing zones, supported by Synechron’s cloud migration expertise and managed services framework.
The “Liquify” Accelerator: Treasury-as-a-Service on Google Cloud
One notable output of Synechron’s pre-existing work with Google Cloud’s platform is an internal R&D accelerator called Liquify, developed as part of Synechron’s Digital Ecosystems program. Liquify is a Treasury-as-a-Service API Orchestration Accelerator that automates a bank’s treasury, liquidity, and cash management functions.
From a technical architecture standpoint, Liquify:
- Creates an API-enabled ecosystem that consolidates treasury functions across traditionally siloed departments.
- Aggregates multiple APIs into a microservices layer hosted on Google Cloud.
- Routes traffic through an API Gateway, allowing each API plug-in to function independently — decoupled from legacy monolithic core banking systems.
Liquify was presented as a reference use case for Google Cloud at the 2019 Singapore FinTech Festival, demonstrating practical application of cloud-native microservices architecture within regulated financial environments.
Geographic Footprint
At the time of the announcement, Synechron stated it was already engaged in live Google Cloud projects across the UK, The Netherlands, and APAC — indicating the partnership formalises and scales existing collaborative work rather than initiating it from scratch.
Leadership Perspective
“I am delighted Synechron is now a proud partner of Google Cloud alongside some of the largest global financial services institutions. We have been working on building out our Google Cloud capabilities over the last year and with many new projects in the pipeline, I am excited by our new partnership and developing Synechron into a world leader that helps customers succeed with Google Cloud solutions.”
Mihir P Shah, Managing Director and Head of UK, The Netherlands and APAC, Synechron
Why This Matters for Financial Services DevOps Teams
Financial institutions face unique regulatory, latency, and data residency constraints when adopting public cloud. Partnerships like this one signal a broader industry shift: rather than attempting purely in-house cloud migrations, banks and financial services firms are increasingly turning to specialised systems integrators with pre-built accelerators and sector-specific compliance frameworks.
The Liquify accelerator in particular reflects a common pattern in enterprise cloud adoption: wrapping existing core systems behind API gateways and microservices layers, rather than attempting a full rip-and-replace of legacy infrastructure. This approach reduces migration risk while incrementally enabling cloud-native capabilities such as autoscaling, managed data pipelines, and event-driven architectures.
Source: BW CIO / BusinessWorld India