Who we are

Synectics Ltd is a Software and Risk Management Consulting firm based in Cyprus, an island in the eastern Mediterranean Sea.

Synectics is a private limited company with a single business focus, namely Risk Management in five distinct business risk areas; Fraud, Legal, Credit, Operational and Debt Recovery Risk. It is instructive to note that by design we spend half of our thinking effort in simplifying our products and associated procedures in our clients. In the process, we always practice continuous improvement as a way of life. After sales service is the other notable characteristic that is being specially valued by our clients. The other component of our success is the emphasis we give on the quality of our deliverables (products and services), especially the adherence to prevailing best business and ethical practices.

Synectics is a team of professionals working in an inspiring environment:

  • Developing innovative Software Products (simple, effective, flexible and functional) to optimise Risk
  • Providing Quality Support (prompt, efficient, correct, exact)
  • While achieving excellent ROI for our Clients (average payback period less than 8 months)

For these five business areas we have developed substantial know-how and corresponding solutions, which are extremely effective, easy to implement, intuitive to learn and use, achieving a superior return on investment record, the average payback period being less than eight months.

We have an enviable record of successful projects in the wider geographical region. We enjoy an outstanding reputation with our clients for delivering within schedule and budget and meeting top management expectations and user needs alike. We base our success on three pillars namely, Quality Software, Business Knowledge and exceptional after-sales Support.

Our prime measurements of success are:

  • Repeated sales/assignments from our existing Clients
  • Strong, unqualified, customer references (our Clients are our only sales force)
  • Degree of know-how and technology transfer as acknowledged by our Clients

Our software solutions are rich in functionality, modular, robust, with built-in best industry practice and are priced to offer extraordinary value-for-money. All these are supported by our exceptional service record in the field.

The measurements that really matter to us and provide solid evidence of our record and credibility in the market place are:

  • Nine out of Ten Projects we do are assigned to us (without going through the usual bid processes)
  • Eight out of Ten Projects come from existing Clients

Feel free to download our brochure and see why Synectics should be your prime Risk Management Associate.

Synectics, sin-ek’tiks, n. the study of processes leading to invention, with the end aim of solving practical problems, esp. by a synectics group, a miscellaneous group of people of imagination and ability but varied interests. [Chambers Twentieth Century Dictionary]