SocGen switches to MicroStrategy BI platform

SocGen switches to MicroStrategy BI platform

French bank Societe Generale has selected MicroStrategy's enterprise business intelligence platform to replace its existing reporting tools.

In 2008 the bank began a review of its decision support systems - including sales, financial, marketing, and risk analysis - opting for MicroStrategy 9 following a seven month proof-of-concept evaluation.

The vendor says its platform will provide around 20,000 SocGen employees with access to diverse data sources for enterprise reporting, detailed analytics, dashboards and ad hoc queries. It will also reduce operating costs.

Jean-Louis Tribut, manager,decision support division, Societe Generale IS department, says: "MicroStrategy provided a solution that addressed our functional, technical, and global cost requirements."

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