Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Société Générale    GLE   FR0000130809

SOCIÉTÉ GÉNÉRALE

(GLE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Societe Generale Securities Services launches a new digital solution: “Fund Alerts”

11/24/2020 | 11:21am EST

The tool provides an instantaneous view of their fund liability movements via various 'customised' alerts at the following times:

  • In real-time on subscription orders or redemptions received
  • At closure of the fund on theinflow/outflow balance
  • At closure if the regulatory materiality threshold[1] defined in the fund or UCITS' prospectus is crossed

'The real-time aspect and the customised alerts relating to the materiality threshold make Fund Alerts an innovative and comprehensive alert tool. It is particularly effective should outflows exceed a pre-defined threshold and allows fund managers to react swiftly on behalf of their clients, or to activate redemption capping mechanisms', explains Yvan Mirochnikoff, Head of Digital Solutions at Societe Generale Securities Services (SGSS).

Based on APIs[2], the solutionwill be accessible via SG Markets, the online services platform dedicated to the Global Banking & Investor Solutions clients. Each client will be able to define, according to their requirements, the alert-triggering thresholds on value or percentage of the net asset they wish to receive. The client can be notified on their SG Markets profile, via smartphone and/or by email.

'This digital solution is another illustration of SGSS' ability to transform its clients' information in order to provide them with a service that matches their requirements', adds Yvan Mirochnikoff.

Fund Alerts is now available for French and Luxembourg funds managed in France[3]. Deployment will take place during the course of 2021 for funds managed internationally, and from the beginning of January 2021 for those managed in Luxembourg[4].

Press contacts:
London: Clare Milton - +442075973284 - clare.milton@sgcib.com
Paris: Adrien Billet -+33 1 42 14 66 83 - adrien.billet@socgen.com

[1] Minimum threshold of 300,000 euros in assets required by the French Regulators to create a mutual fund.
[2] Application Programming Interface
[3] Funds for which SGSS is a Transfer Agent (centralising agent) or Initial Transfer Agent (pre-centralising agent) in France, excluding Private Equity Real Estate funds.[4] Funds for which SGSS is a Transfer Agent in Luxembourg.

Disclaimer

Société Générale SA published this content on 24 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2020 16:20:02 UTC


© Publicnow 2020
All news about SOCIÉTÉ GÉNÉRALE
01/19Ultra long bonds are back in force as rock-bottom rates create sweet spot
RE
01/18ANALYSIS : Ultra long bonds are back in force as rock-bottom rates create sweet ..
RE
01/15SOCIETE GENERALE : Renewals and appointments of Board members proposed to the Ge..
PU
01/15SOCIETE GENERALE : Appointment of Sadia Ricke as Group Chief Risk Officer
PU
01/14SOCIETE GENERALE : Jefferies gives a Buy rating
MD
01/13Bonds dip, Nikkei charges higher as stimulus hopes stoke gains
RE
01/13SOCIETE GENERALE : RBC remains Neutral
MD
01/11SOCIETE GENERALE : TD Bank faces Stanford Ponzi scheme liquidators seeking $4.5 ..
RE
01/11SOCIETE GENERALE : Business as usual for EU banks in 'open' London, says Bank of..
RE
01/11Rouble falls towards 75 vs dollar, MOEX hits all-time high
RE
More news
Financials
Sales 2020 22 035 M 26 663 M 26 663 M
Net income 2020 -689 M -833 M -833 M
Net Debt 2020 - - -
P/E ratio 2020 -17,2x
Yield 2020 1,87%
Capitalization 13 606 M 16 549 M 16 464 M
Capi. / Sales 2020 0,62x
Capi. / Sales 2021 0,59x
Nbr of Employees 138 000
Free-Float 93,0%
Chart SOCIÉTÉ GÉNÉRALE
Duration : Period :
Société Générale Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SOCIÉTÉ GÉNÉRALE
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 22
Average target price 18,84 €
Last Close Price 15,99 €
Spread / Highest target 77,8%
Spread / Average Target 17,8%
Spread / Lowest Target -34,9%
EPS Revisions
Managers and Directors
NameTitle
Frédéric Oudéa Chief Executive Officer & Director
Lorenzo Bini Smaghi Chairman
William Kadouch-Chassaing Group CFO, Deputy General manager & Head-Finance
Carlos Goncalves Head-Global Technology Services
Jean-Bernard Lévy Independent Non-Executive Director
Sector and Competitors