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FIS signs clearing and settlement agreement with Société Générale

Monday 13 June 2022 10:17 CET | News

FIS and French banking group Société Générale has signed an extended agreement, selecting the fintech for the strategic transformation of its derivatives clearing and settlement technology. 

As part of the agreement, the investment bank and financial services group will transition their existing derivatives clearing and settlement IT environment to FIS Cleared Derivatives Suite.

FIS Cleared Derivatives Suite is a high-performing and modernised technology platform which will be seamlessly integrated with the existing client's infrastructure and covers end to end post-trade derivatives processing requirements.

FIS is a provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. Headquartered in US, Florida FIS is a member of the Fortune 500 and the Standard & Poor's 500 Index.

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Keywords: online payments, mobile payments, partnership, digital banking, fintech
Categories: Banking & Fintech
Companies: FIS Global, Societe Generale
Countries: France
This article is part of category

Banking & Fintech

FIS Global

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Societe Generale

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