Societe Generale Corporate & Investment Banking has deployed Platform Symphony to help its credit risk calculations and provide a scalable infrastructure. Platform Computing has developed a seamless integration to Societe Generale Corporate & Investment Banking’s existing risk management application from Algorithmics.
Societe Generale Corporate & Investment Banking was also able to greatly reduce capital costs through eliminating high-cost SMP servers in exchange for low-cost, standards-based IBM Linux clusters. Through extending their overall capabilities, Societe Generale Corporate & Investment Banking has the ability to further accelerate application performance, reduce infrastructure costs, and support the upcoming growth of Societe Generale Corporate & Investment Banking market activities.
Martine Boulla, chief information officer, corporate & risk systems, Societe Generale Corporate & Investment Banking, said: As one of Europe’s leading financial services institutions, it is imperative that we maximize the performance and efficiency of our IT environment to get business-critical information to our clients faster.
