A huge amount of progress has been achieved in recent times in the field of rapid, even almost instant, payments. Few would argue with that assertion. Intraday transfers between domestic retail and corporate accounts have become entrenched to the point where even technophobic customers have embraced them.
Trade creates a vast and fragmented ecosystem, involving a wide range of different players across various industries: manufacturers, retailers, customs, transport and logistics, insurers, banks and others.
Anne-Claire Gorge, head of product management & innovation for trade services at Societe Generale and member of the we.trade board of directors, explains how distributed register technology is driving change in the international trade sector.
Want to sign off corporate payments from your phone while on the beach? Looking for a cheaper offering? Need a bank with a footprint in emerging markets? There are many reasons to change cash management providers, and clients need help coping with these transitions.
Thanks to the strong CLN and credit tranches franchise it has developed with retail and private investors, Societe Generale is able to offer to insurers a competitive range of credit derivative-based products and to design innovative solutions specifically for this client segment, whether for investment or hedging purposes.
In the third and final article on innovation in cash management, Benoit Desserre (Global Head of Payments and Cash Management), Eric Bayle (Head of Payments and Cash Management in the UK) and Bart De Boer (Head of Payments and Cash Management in Germany) discuss recent and future developments in cash management in Europe.
In the second of a series of articles on innovation in cash management, Michelle Wang (head of payments and cash management in China), Louis-David Rouyer (head of payments and cash management in Hong Kong & Singapore) and Benoit Desserre (global head of payments and cash management) at Société Générale discuss recent and future developments in cash management in Asia.
In the first of a series of articles on innovation in cash management, Philippe Marcotte de Quivières, deputy head of payments and cash management division, and Emmanuelle Fischer, head of marketing and products cash management at Société Générale outline some of the initiatives the bank has introduced to support treasury clients.