Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, September 17 2019 - 11:00
AsiaNet
Societe Generale Opts for Axefinance's ACP Solution for Multi-entity Retail Lending Digitalization
AMSTERDAM, Sept. 17, 2019 /PRNewswire-AsiaNet/ --

Societe Generale decided to embark on a retail lending transformation journey 
across multiple African affiliates through its SG ABS entity. With the aim of 
harmonizing, consolidating and improving their existing credit processes, this 
project is a key pillar of SG's international growth strategy.

After a careful selection process, Societe Generale selected axefinance in part 
because of its ability to provide a multi-entity end-to-end Lending 
Digitalization solution combined with an innovative implementation approach. 

Many factors tipped the scale in axefinance's favor: the flexibility and 
scalability of ACP, impressive functional coverage, proven expertise, strong 
partnership with the SG Group, and a successful track record in EMEA region.

Karim Rekik, Executive partner at axefinance says: 

"It's a pride that Societe Generale is renewing its trust in us after previous 
ACP's successful implementations (such as in SG Bulgary, SG Moldavia, SG New 
Caledonia, SG Senegal etc.) We aim to go the extra mile to strengthen our 
partnership with SG and its international subsidiaries to fully ensure our role 
as an enabler of their lending digital transformation."

Youness NFISSI, Retail Manager at Societe Generale ABS confirms: 

"Societe Generale Group is growing business very rapidly and successfully in 
around 20 African countries. In order to support its development and fully 
catch the continent's growth potential, we were looking for a cutting-edge 
credit granting tool, adjusting to multibank setup and allowing for digital, 
reliable and fast processing. We are very confident that axefinance's 
technology will significantly contribute to making our clients' experience even 
more unique."

About axefinance: 

Founded in 2004, axefinance is a global software provider focused on lending 
automation for financial institutions looking for an edge in productivity and 
customer service for any and all client segments: retail, SME, corporate, etc. 
ACP is axefinance's solution available either as a locally hosted or SaaS and 
trusted by well renowned banks. 

About SG

Societe Generale is one of the leading European financial services groups. 
Based on a diversified and integrated banking model, the Group combines 
financial strength and proven expertise in innovation with a strategy of 
sustainable growth, aiming to be the trusted partner for its clients, committed 
to the positive transformations of the world. Societe Generale ABS is part of 
the Corporate & Investment Banking Division of SG Group, SG ABS delivers 
Innovative IT Services to SG African subsidiaries.

Photo - https://mma.prnewswire.com/media/974248/SG_ABS_signature.jpg 

Contact: 
Imen Jgham 
Chief Marketing Officer 
imen.jgham@axefinance.com 

Source: axefinance
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