Societe Generale Partners with IBM Banking in Credit Risk Managment

  • Philip Ryan
  • November 14, 2012
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Societe Generale, a Paris, France-based bank, chose IBM Banking to help with its CVA (Credit Valuation Adjustment) Desk, a risk-management tool. In the face of stringent Basel III requirements, the process of managing default or counterparty risk is increasingly important and increasingly complex.

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Philip Ryan is Senior Editor of Bank Innovation and Senior Director of INV Fintech. He began covering financial services in 2012 and has more than 15 years' experience in online journalism. He can be reached at pryan@royalmedia.com.

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