Synectics plc announced that it has secured a contract worth PS1.0 million with a major UK financial institution to deliver a multi-site deployment of Synergy, the Company's proprietary software platform (the "Contract"). The Contract, which will be completed in fiscal 2024, will see Synectics deliver an upgraded surveillance and security system in multiple locations across the financial institution's back-office estate in the UK, which includes data, cash, alarm receiving, and disaster recovery centres. As part of the Contract, Synectics will also undertake upgrades to the financial institution's existing on-site hardware, including the installation of its latest generation 4K cameras.

The Synergy software platform is highly configurable, enabling seamless integration to meet the exact requirements of every customer. The flexibility and reliability of the software ensure that it has applications for any large commercial operation, as well as for the public sector. Synergy's 'datave surveillance' engine combines feeds from CCTV cameras and many other systems across multiple sites into one simple interface, allowing operators to identify and respond promptly to anomalous events or potential threats.

Analytics, including the integration of AI capabilities, have long been incorporated into the Synergy platform, and Synergy customers will benefit from the integration of future technological advances. For this financial institution, the platform has been specifically configured to include not only the high spec video feed integrations, but also alarm management and advanced security workflows overseeing entry and exit from site which is imperative in the financial services space.