Societe Generale is taking another step in its innovation strategy to make the most of the latest technological breakthroughs and offer a personalised experience and better customer service through the use of data and digital technology.
Innovation & Digital highlights
The digital transformation led by Societe Generale is based on a proactive innovation policy that involves all the Group's businesses, functions and geographies. For several years, Societe Generale has been opening up to the external startup ecosystem by strengthening its relationships with these innovative players, in the form of commercial partnerships, equity investments or acquisitions.
To rapidly identify innovative players and trends around the world, Societe Generale is strengthening its ties with the startup and Fintech ecosystem. The Group is notably building on the work of its innovation centres of expertise in Africa, Germany, France, Israel, India, Luxembourg and the UK to help form strategic partnerships on central issues such as Open Banking and Blockchain.
Claire Calmejane Group Chief Innovation Officer
Our new strategy is based on 3 pillars, in line with the Transform to Grow plan: strengthen relationships with startups, support the business lines' digital strategies and create new business models.
1st and most advanced company in digital transformation in the eCAC40 ranking
After ranking fourth in 2014 and 2015, then third in 2016 and second in 2017, Societe Generale Group has been recognised most advanced company in terms of digital transformation in 2018, across all evaluation criteria: digital culture, technological expertise, relationships with the innovative ecosystem, security, external communication.
The Digital Transformation of Societe Generale
Digital transformation is a key challenge for the banking sector going forward. On top of an industrial revolution, digital transformation is a cultural revolution, involving clients expecting value added, personalised services, available anytime, anywhere, on any device, and employees needing empowerment, autonomy, agility and skill acquisition to innovate and reinvent the bank of tomorrow.