What began in 1992 as a family venture founded by Carol and Kevin Shanahan has blossomed into a formidable force against financial crime. Synectics Solutions started its journey from a base in Newcastle-under-Lyme with a single marketing database for the Rover Group. This humble beginning, however, was the seed for a much grander vision: to harness the power of data for good. Over three decades, the company has charted a remarkable course, evolving from that initial project into a globally recognized provider of sophisticated, data-driven solutions. Their pioneering work has been instrumental in helping organizations across financial services, insurance, telecommunications, and the public sector to truly understand their customers, manage risk, and, most critically, prevent fraud before it can inflict damage.
At the heart of Synectics Solutions' success is its championing of syndicated data. The company pioneered the creation of National SIRA, the UK's largest syndicated database of cross-sector risk intelligence. This collaborative approach, sharing data to fight a common enemy, has become their hallmark. It has allowed their clients—ranging from Tier 1 banks and leading insurers to government bodies like the Cabinet Office—to prevent fraud losses amounting to billions of pounds. This commitment to innovation was formally recognized when the company received the prestigious Queen's Award for Enterprise: Innovation. Beyond their technological achievements, the founders have maintained a deep commitment to their local community in Stoke-on-Trent, demonstrated by their purchase of Port Vale Football Club and the establishment of The Hubb Foundation, a charity dedicated to supporting vulnerable children and families. Today, led by CEO Richard Wood, Synectics Solutions continues to set the pace, trusted by over 160 organizations to provide the clarity and confidence needed to navigate an increasingly complex risk landscape.