Technology Transformation in Wholesale Banking

By • on July 31, 2019

The Bobsguide website interviewed Société Générale’s  (SocGen) head of innovation for the UK, Anthony Woolley. “We have traditionally had relationships with big third party companies usually on large scale projects. We’ve explicitly in the last few years started to drive an open innovation strategy for the organization, we’ve invested heavily in opening up our platforms. For example, on the wholesale banking side we have our SG Markets cross products electronic platform that now has over 4,000 APIs that a third party can go to our site and begin learning about them and working out how they would integrate with SocGen. A lot of that opening up is making the platform more flexible for third parties to work with us in a simpler and lower cost way.”

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