SGSS launches CrossWise, a complete “front to back” solution
Societe Generale Securities Services (SGSS) has put together its existing renowned Front, Dealing, Middle and Back office services into one plug-and-play solution that allows clients to focus on their main activities: asset selection, performances and distribution to their clients.
Built as a modular solution, CrossWise enables asset managers to outsource as many services as needed so they can focus on their core business. Bundling all SGSS’ “front to back” expertise and its capacities in trading and securities services, CrossWise allows clients to optimize their operating model and meet all regulatory constraints, such as audit trails or best execution. CrossWise uses the powerful and reliable investment management solution, SimCorp Dimension®, which secures seamless integration and high levels of efficiency across Front, Middle and Back Office, covering all asset classes.
“In combining the full operational value chain from Front and Execution to Middle and Back Office, SGSS is deploying, via CrossWise, a unique solution dedicated to Investment Managers. It aims to optimise complex and sub-optimal operational infrastructures and thus meet the needs of Investment Managers looking for an operational excellence partner in an ever-challenging environment”, comments Mathieu Maurier, Head of Sales and Relationship Management for SGSS.
In further details, CrossWise is built as follows, covering the full range of “front to back” activities:
The Front Office module includes:
- The portfolio management system
- A pre-trade compliance module
- An order management tool
The Dealing solution includes:
- A multi-asset dealing desk for all kind of securities (bonds, equities, ETF, listed derivatives, forex) and funds that grants best execution service
The Middle Office module provides:
- Transaction management
- Investment operations
- Reporting and analysis
The Back Office provides the valuation, transfer agency and custody services as well as links towards external valuation and other custodians.