Societe Generale Securities Services (SGSS) has launched an integrated front-to-back solution, dubbed “CrossWise,” to support its treasury and asset management business.
By implementing CrossWise, SGSS’s clients will be able to outsource many services which help them focus on their core business. CrossWise replaces the existing investment and legacy back-office solutions, as well as several other in-house developed applications.
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The end-to-end solution also streamlines investment process, allows clients to focus on their main activities and benefit from a functional coverage to facilitate asset selection, performances, and distribution to their subscribers.
Asset managers can also leverage CrossWise for more functionality in the future as the solution integrates front, dealing, middle and back office services into one plug-and-play product. This enables clients to bundle various capacities across trading and securities services, as well as optimize their operating model and meet all regulatory constraints, such as audit trails or best execution.
Commenting on this, Mathieu Maurier, Head of Sales and Relationship Management at SGSS, said: “In combining the full operational value chain from Front and Execution to Middle and Back Office, SGSS is deploying, via CrossWise, a unique solution dedicated to Investment Managers. It aims to optimize complex and sub-optimal operational infrastructures and thus meet the needs of Investment Managers looking for an operational excellence partner in an ever-challenging environment.”