Societe Generale in Luxembourg Centralises Trading on Charles River IMS

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
23 May 2018

European financial services group adopts Charles River to enhance service to its private banks and I-DEAL clients.

Societe Generale in Luxembourg, namely Societe Generale Bank and Trust (SGBT), has deployed the Charles River Investment Management Solution (Charles River IMS) as the enterprise trading platform for its private banking network and for the firm’s outsourced buy side order execution service, I-DEAL. SGBT is now live on Charles River’s multi-asset order and execution management system (OEMS) with integrated data, trade analytics, compliance monitoring, post-trade processing and FIX connectivity.

Charles River IMS allows our European network of private banks and I-DEAL outsourcing service to trade all asset classes on the same platform,” said Societe Generale in Luxembourg. “With this centralised trading solution, our clients benefit from an enriched service, which would also help in meeting MiFID II and other business requirements.”

“Increased regulation and ongoing cost pressures have created a very challenging execution environment,” said Gavin Lavelle, Managing Director EMEA, Charles River. “Charles River IMS facilitates best execution and helps clients reduce their total cost of ownership through platform consolidation.”

News article details

Media Type
Press Releases
Geographic Focus