Societe Generale Launches Integrated Front-to-Back Solution

Societe Generale Securities Services (SGSS) has launched an integrated front-to-back solution, ‎dubbed “CrossWise,” to support its treasury and asset management business.‎

By implementing CrossWise, SGSS’s clients will be able to outsource many services‎ which help them focus on their core business. CrossWise replaces the existing ‎investment and legacy back-office solutions, as well as several other in-house developed ‎applications. ‎

The end-to-end solution also streamlines investment process, allows clients to focus on ‎‎their main activities and benefit from a functional coverage to facilitate asset selection, ‎performances, and distribution to their subscribers. ‎

Asset managers can also Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term CrossWise for more functionality in the future as the ‎solution integrates front, dealing, ‎middle and back office services into one plug-and-play ‎product. This enables clients to bundle various capacities across trading and securities services, as ‎well as optimize their ‎operating model and meet all regulatory constraints, such as audit ‎trails or best Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term. ‎

Commenting on this, Mathieu Maurier, Head of Sales and Relationship ‎Management at ‎SGSS, said: ‎“In combining the full operational value chain from Front and Execution to Middle and Back ‎‎Office, SGSS is deploying, via CrossWise, a unique solution dedicated to Investment ‎Managers. It ‎aims to optimize complex and sub-optimal operational infrastructures and thus ‎meet the needs ‎of Investment Managers looking for an operational excellence partner in an ‎ever-challenging ‎environment.”