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Rather than us tell you more, below is what The Banker said about Societe Generale’s digital transformation:
SG MARKETS is one of the pillars of Societe Generale’s Digital Transformation and an impressive example of how the bank is responding to changing customer needs. Recognising the most innovative, imaginative and successful projects in financial technology from around the world, Digital transformation is the most coveted category of The Banker’s Tech Projects Awards.
The accolade in 2018 goes to Societe Generale. The judges were impressed by the sheer depth and breadth of the French bank’s digital initiatives. For example, it has created a new data lake architecture, developed and exposed more than 1000 application programming interfaces (APIs) to clients, and is investing €650m over the next three years in security and data protection in the face of rising cybercrime. It is also focused on artificial intelligence and machine learning, virtual reality and blockchain applications.
For Alain Fischer, Chief Digital Officer, global banking and investor solutions, at SG, the biggest achievement to date has been the creation of SG Markets, a single electronic platform of business-to-business services covering pre-trade, execution and post-trade services.
The Banker
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Societe Generale
Societe Generale is a French credit institution (Bank - Investment services provider) authorised and regulated by the Autorité de Contrôle Prudentiel et de Résolution (the French Prudential Control and Resolution Authority - ACPR), and under the prudential supervision of the European Central Bank- ECB. Societe Generale is a French Société Anonyme (limited company) with share capital of € 1 009 641 617,50, as of January 2017, whose registered Head office is located at 29 boulevard Haussman – 75009 PARIS (France), registered with the Paris Trade and Companies Registry under number 552 120 222. This document may be issued in the U.K. by the London Branch of Societe Generale (SGLB). SGLB as a U.K. branch is subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request.
Important disclaimer
This Communication is provided for general information purposes only and is not construed as a solicitation or an offer to buy or sell any financial instruments, and doesn’t constitute research information and/or recommendations. It is intended for a privileged and confidential use only by Societe Generale’s Eligible Counterparties and Professional Clients or prospect to which it is made available by Societe Generale. This Communication is not intended to be directed at retail clients. The content of this Communication is prevailing as at the date of publication and is subject to change, without notice, to reflect subsequent developments. For Information on data and/or figures drawn from external sources and integrated into this Communication: the accuracy, completeness or relevance of the information which has been drawn from external sources is not guaranteed although it is drawn from sources reasonably believed to be reliable. No liability is accepted by Societe Generale that may arise from any use of this material. This Communication and its contents are confidential and proprietary to Societe Generale, and no part of this document or its subject matter may be reproduced, disseminated or disclosed to any third party without the prior written approval of Societe Generale. The distribution of this Communication in other jurisdictions outside of EEA (European Economic Area) may be restricted by law, and persons into whose possession this document comes should inform themselves about, and observe, any such restrictions.