France | London (UK) : Intellect Global Transaction Banking (iGTB), a transaction banking specialist within Intellect Design Arena Ltd, has revealed the successful implementation of its advanced Corporate Treasury eXchange (CTX) platform, powered by eMACH.ai architecture, in France by Société Générale, one of the leading European financial services groups.
- CTX offers a comprehensive array of tools designed for corporate treasurers, enabling them to automate real-time liquidity management across various accounts, currencies, banks, and geographies. The platform streamlines the movement of cash balances, ensuring corporate clients benefit from an optimal cash pooling experience. From enhancing visibility and forecasting to automating sweeping and investments, CTX facilitates efficient cash management processes.
- The successful deployment further solidifies iGTB’s position as the foremost provider of Liquidity Management, Cash Pooling, and Transaction Banking solutions on a global scale.
- With a rich history spanning over 150 years and a strong presence in Europe, Société Générale is deeply integrated into the global economy. With over 117,000 employees across 66 countries, Société Générale serves and supports 25 million individual clients, businesses, and institutional investors worldwide on a daily basis. The bank offers a diverse array of advisory services and customized financial solutions to meet the needs of its clientele.
Nicolas Cailly, Head of Payments and Cash Management at Société Générale, expressed, “Société Générale is pleased to introduce iGTB’s CTX platform in France, providing large corporates with a best-in-class, cloud-native solution for cash pooling and real-time liquidity management. As liquidity management becomes increasingly critical, Société Générale is committed to offering more comprehensive and innovative services, thereby delivering added value to its clients.”