Societe Generale doubles down on Lombard Risk鈥檚 collateral services
01 March 2017 London
Image: Shutterstock
Lombard Risk has extended its relationship with Societe Generale as a user of its flagship collateral management solution鈥擟olline.
Societe Generale will now leverage the platform for collateral management and optimisation of its exchange-traded derivatives business, in addition to over-the-counter and clearing business lines.
The bank already uses Colline for its global securities services, prime services and investment bank operations.
Franck Docquier, global head of collateral management operations at Societe Generale, said: 鈥淟ombard Risk has been an excellent partner in responding to our group鈥檚 global collateral management challenges and we see clear benefits for us and our clients, who are seeking a more agile and robust solution."
"This extended partnership demonstrates the high quality of service, trustworthiness and commitment offered to our business. We look forward to continuing our longstanding relationship with Lombard Risk.鈥
Alastair Brown, CEO of Lombard Risk, added: 鈥淭his extended partnership forms part of our long established relationship with Societe Generale to improve its collateral management processes across all of its businesses."
"By offering an agile and adaptable solution, Lombard Risk ensures that it can continue to support Societe Generale鈥檚 strategic collateral management objectives going forward.鈥
Societe Generale will now leverage the platform for collateral management and optimisation of its exchange-traded derivatives business, in addition to over-the-counter and clearing business lines.
The bank already uses Colline for its global securities services, prime services and investment bank operations.
Franck Docquier, global head of collateral management operations at Societe Generale, said: 鈥淟ombard Risk has been an excellent partner in responding to our group鈥檚 global collateral management challenges and we see clear benefits for us and our clients, who are seeking a more agile and robust solution."
"This extended partnership demonstrates the high quality of service, trustworthiness and commitment offered to our business. We look forward to continuing our longstanding relationship with Lombard Risk.鈥
Alastair Brown, CEO of Lombard Risk, added: 鈥淭his extended partnership forms part of our long established relationship with Societe Generale to improve its collateral management processes across all of its businesses."
"By offering an agile and adaptable solution, Lombard Risk ensures that it can continue to support Societe Generale鈥檚 strategic collateral management objectives going forward.鈥
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