Société Générale Corporate & Investment Banking Selects Quartet FS for Global Risk Management Solution

LONDON & SINGAPORE--(BUSINESS WIRE)-- Quartet FS, a specialist provider of business intelligence and analytics technology, today announces that Société Générale Corporate & Investment Banking has completed a global implementation of ActivePivot 4.0, the latest version of Quartet FS’ real-time, in-memory and object orientated OLAP aggregation engine. ActivePivot is being used to manage risk and sensitivity updates in real-time. The solution has been implemented across Société Générale Corporate & Investment Banking’s offices in Paris, New York, Tokyo and Hong Kong.

Quartet FS was selected by Société Générale Corporate & Investment Banking due to the truly 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.

About Quartet FS

Quartet FS is a specialist provider of Business Intelligence and analytics technology that enables multi-national companies to make the most of the vast quantities of data they hold by empowering knowledge workers to make informed decisions and take actions in a timely manner.

ActivePivot is our real-time, in-memory and object orientated OLAP aggregation engine which can be easily and quickly integrated into existing architecture to provide proven, flexible, real-time answers that are adaptable to meet a wide range of business requirements.

Our heritage lies in the financial sector but our technology crosses many disciplines including risk management, e-commerce, transportation, telecommunication, logistics, and of course financial markets, all of which demand accurate and current information to perform real-time analysis and render timely decisions.

With offices in Europe, the United States and Asia-Pac, Quartet FS works with some of the world’s leading financial institutions, including Crédit Agricole, HSBC, ING, JP Morgan and WestLB.

For more information please visit: http://www.quartetfs.com/

Louisa Excell+44-20-7608-8350

Source: Quartet FS