More NewsSociété Générale Selects Quartet FS for Global Risk Management Solution

Société Générale Selects Quartet FS for Global Risk Management Solution

Société Générale Corporate and Investment Banking has completed a global implementation of ActivePivot 4.0, Quartet FS’ real-time, in-memory and object-oriented online analytical processing (OLAP) aggregation engine. ActivePivot is being used to manage risk and sensitivity updates in real-time. The solution has been implemented across SocGen’s Corporate and Investment Banking’s offices in Paris, New York, Tokyo and Hong Kong.

The bank selected Quartet FS due to the real-time nature of ActivePivot 4.0, which constantly updates the risk values for new and existing trades. ActivePivot is able to compress the risk data travelling through the network between the bank’s different offices around the globe without compromising the speed or real-time nature of the information.

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