Outstanding innovations recognised in Trade Finance and Cash Management
Within the Innovators 2022, Societe Generale stood out thanks to Sustainability-linked Trade Finance and Global Treasury powered by Kyriba.
Each year, Global Finance magazine selects exceptional innovations in finance, honouring entities that regularly identify new paths and design new tools in finance. For the second year in a raw, Societe Generale is part of the recognised actors.
The key innovations being rewarded are the following:
In Trade Finance: Sustainability-linked Trade Finance
In addition to Green Trade finance solutions, the Trade Finance team of Societe Generale is now able to propose sustainability linked Trade Finance instruments aiming at accompanying our clients in achieving their own E&S strategic goals. This is a major milestone in our ESG by design road map, aiming at putting ESG at the core of our Trade Finance value proposition. These solutions offer a wider scope than green trade finance which is focusing on 5 sectors (Renewable energy / Clean transportation / Waste management / Sustainable water & wastewater management/ Hydrogen).
We are proud to be alongside our clients in the selection of their E&S objectives to accelerate their transition to a more sustainable business model.
- In Treasury: Global Treasury powered by Kyriba
Societe Generale and Kyriba, leader in cloud treasury and finance solutions, joined forces to create a new scalable treasury management system (TMS) and payment solution, distributed throughout the Societe Generale network.
Global Treasury powered by Kyriba is a real-time, API based, simple to use & simple to connect solution for our clients to manage their payments and optimise their treasury operations. This is a response to their evolving needs in terms of treasury management, leveraging on Societe Generale’s intimacy with clients and breadth of expertise, joining forces with Kyriba a recognised digital leader in Treasury. Global Treasury will unlock our clients’ full potential on using liquidity as a dynamic vehicle for growth and value creation
Congratulations to the teams and their efforts in the quest of client satisfaction, leading to the development of such innovative projects.