It will be combo button, the first option will be to synchronize now. The rest of them are selector - how often to do this synchronization automatically.
Synchronization (manual or automatic) has to be made in a way that it doesn't cause problems to running project - so possibly pause the project before synchronization, and unpause it after synchronization.
Also write a message to log:
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Databank synchronized to files - 123 records in 3.4 s.
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This button will be disabled if it is a file based databank
2. small design change - we'll put "Manage view" icon into a button, so that all databank actions have the same look