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Synthesized Receives UBS Next Investment – Fintech Schweiz Digital Finance News

February 25, 2024
in Fintech
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Synthesized Receives UBS Next Investment – Fintech Schweiz Digital Finance News

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Synthesized Receives UBS Next Investment



by Fintechnews Switzerland

February 23, 2024

Synthesized Ltd, a London based mostly information agency who gives engineering groups a fast method to create and share production-like check and coaching information by means of machine studying and automation, introduced that UBS Subsequent, the group’s enterprise and innovation unit, is investing in its subsequent section of progress.

Synthesized allows engineering groups to have:

Quicker growth cycles – fully removes check databases and provisions time delays from the software program growth lifecycle, resulting in sooner time to market and rising developer productiveness.
Cloud adoption methods – optimizes cloud spend, reduces information storage prices for non-production environments, and gives compliant datasets for migration to the cloud.
Improved utility high quality – catches software program bugs earlier when defects are less expensive to deal with, whereas concurrently enhancing utility finish consumer experiences.
Compliant experimentation and innovation – reduces vendor onboarding time and information approval time for POCs, guaranteeing 0% manufacturing information leakage threat.

Nicolai Baldin

Nicolai Baldin

Dr. Nicolai Baldin, Founder and CEO at Synthesized stated:

“AI-based and extra conventional software program functions are solely pretty much as good as the information used of their growth and testing. This UBS Subsequent funding will allow Synthesized to develop and evolve our mission of offering high-quality, privacy-preserving coaching and check information for utility growth, AI/ML, and analytics. We’re excited to solidify our partnership with UBS on our mission.”

Christopher Purves

Christopher Purves

Dr. Christopher Purves, Co-Head of Group Rising Expertise and International Head of IB Digital Platforms at UBS, added:

“The market alternative for Synthesized is huge and rising. As corporations more and more depend on information for utility growth and AI/machine studying initiatives, the necessity for environment friendly, safe, and compliant production-like check information turns into paramount. Synthesized stands out by enabling software program engineers to provision high-quality information on demand. It’s intuitive as writing code and is a pioneering method within the trade.”

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