Societe Generale Corporate & Investment Banking selects CIMCON's SOX-XL Suite
(www.businessservicesuk.com) March 12, 2010
CIMCON, today announced that Societe Generale Corporate & Investment Banking has selected the SOX-XL suite of tools for spreadsheet and database monitoring and controls.
Boston and London. CIMCON Software Inc., the Pioneering Market Leader in Governance, Risk and Compliance (GRC) solutions for End User Computing (EUC), today announced that Societe Generale Corporate & Investment Banking has selected the SOX-XL suite of tools for spreadsheet and database monitoring and controls.
At the core of Societe Generale's universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with 12 000 professionals present in over 40 countries across Europe, the Americas and Asia-Pacific. Standing by its clients across sectors, the Corporate & Investment Bank tailors solutions for them by capitalising on its worldwide expertise in investment banking, global finance, and global markets.
• For Corporates, Financial Institutions and public sector: providing a global advisory approach (M&A, debt, equity transaction, capital structure, and asset & liability management), as well as quality capital raising solutions across the debt and equity spectrum, optimised financing and expert risk management responses notably in the realm of foreign exchange and rates derivatives.
• For Investors: offering reliable and sound investment opportunities and risk management solutions through its integrated global markets platform delivering seamless access to markets (equity, rates, credit, currencies, commodities and derivatives), as well as advice and solid financial engineering, quality of execution and forward-looking research across asset classes
“CIMCON Software takes great pride in the selection of our EUC solution by Societe Generale Corporate & Investment Banking”, said Jacob DeVries, Associate Director, GRC Solutions. “The CIMCON solution will provide Societe Generale Corporate & Investment Banking with tools for spreadsheet and database monitoring, risk assessments, fraud detection, and controls. As a pioneer and thought leader in EUC controls and management, CIMCON products offer powerful functionality, ease of use and flexibility to our clients as a result of constant innovations and listening to our customers. We are pleased to welcome Societe Generale Corporate & Investment Banking to CIMCON’s large portfolio of blue-chip clients and the largest installed customer base in the industry.”
Keywords: SOX, Spreadsheet Compliance,GRC Solution,Spreadsheet Management,Spreadsheet Control,CIMCON