Competitor Profile: Societe Generale
This report provides information and insight into Societe Generale's fintech activities, including its digital transformation strategies and accelerator/incubation programs; an overview of its technology initiatives; and details of its estimated ICT budgets and major ICT contracts.
Societe Generale is a banking and financial services provider. The company operates through a network of branch and representative offices and online portals, catering to individuals, commercial organizations, SMEs, high net worth individuals, and wealthy families.
Societe Generale has adopted an open innovation strategy that aims to open up the bank to global innovation ecosystems comprising startups, fintech companies, incubators, and accelerators. It brings together its employees, customers, engineers, and startups to co-create solutions through the exchange of ideas and feedback.
The company is tapping the power of the Internet of Things, blockchain technology, AI, cybersecurity, mobile, the cloud, big data, e-commerce, the office of the future, and alternative reality technologies to achieve operational efficiency, build environmentally-friendly solutions, and provide a secure open banking experience for its customers.
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