ÎÚÑ»´«Ã½

Skip to Content

Client story

SOCIÉTÉ GENERALE: AN UNPRECEDENTED IT MERGER TO CREATE SG, A NEW FRENCH RETAIL BANK

The bank partners with ÎÚÑ»´«Ã½ to consolidate information systems and ensure that the merger proceeded smoothly

Client:

Société Générale

Region:

France

Industry:

Banking and capital markets

Client challenge: After the legal merger between Société Générale and Crédit du Nord, this new bank needed to migrate the Crédit du Nord information system into the existing SG landscape.
Ìý
Solution: Société Générale engaged ÎÚÑ»´«Ã½ to support and carry out the data conversion organized around three operations: data extraction, conversion, and migration.
Ìý
Benefits:Ìý

  • Support for rapid migration and merger
  • Standardization on a single IT ecosystem for greater operational efficiency
  • Accelerated digitalization
  • Improved SG’s use of data and AI

Société Générale wanted to make a strong commitment to its customers by offering them a new regional retail banking model in France that was even more accessible, responsive, and responsible.  To do so, the bank announced a network merger with Crédit du Nord to form SG. 

This meant that the organizations had to consolidate their information systems to ensure company-wide standardization. Société Générale partnered with ÎÚÑ»´«Ã½ to extract and migrate 27,000 types of data related to two million customers to the target system.

This unprecedented operation brought together two networks to create a new banking model that was divided into 11 regions. In order to realize this vision, the project team performed a historic mobilization of teams and ensured that management and all Société Générale business lines and departments had a role in the migration.

“The strength of ÎÚÑ»´«Ã½’s tools reassured us and enabled us to bring our project to fruition.”

Bruno Delas, CIO Société Générale Group