SocGen Selects Broadridge's BPO and Technology Solutions
Société Générale (SocGen) has selected Broadridge for a range of technology and outsourcing services for the firm’s US broker-dealer, SG Americas Securities. SocGen will use Broadridge’s institutional securities processing platform, including Broadridge’s business process outsourcing (BPO) solution.
A key component of SocGen’s US growth plan was to build a fixed income business and become a primary dealer, which it became in February 2011. A critical part of this achievement was the firm’s implementation of impact, Broadridge’s fixed income solution. This July, SocGen went live on BPS, Broadridge’s back-office processing system, supporting real-time processing of its US equities, options, and stock loan activities.