Societe Generale today launched its very first Innovation Week in the UK, which will bring together staff, experts from the industry, and FinTechs to have open discussions to encourage collaboration, the sharing of ideas, as well as emerging opportunities.
Based across three key themes, Tech Day, SG Innovation in Action and FinTech Day *, Innovation Week will showcase the bank's progress and ambitions in terms of technological innovation, both internally and in working with clients and other stakeholders, and to promote an open innovation culture amongst staff and with the London FinTech ecosystem.
This first edition will involve many internal and external experts who will present and share their experiences through a number of seminars and workshops focused around themes including the Cloud, Big Data, Digital Banking in Wealth Management, Artificial Intelligence, Blockchain technology, and its uses in financial services, Cyber Security, as well as the Digital Workplace, a key focus area for the bank, and especially in context of its new London-based headquarters in Canary Wharf opening in 2019.
The bank will also host close to twenty FinTechs focused on Wholesale banking and financial services as part of a FinTech fair, providing the opportunity for open dialogue and sharing of ideas between staff and FinTechs.
Anthony Woolley, Head of Innovation for the Group in the UK, said: “The transformation of financial services continues to accelerate, and through Innovation Week, we are showcasing some of this change, both positive but also through risk awareness, with our staff. Furthermore, when it comes to our industry, instinctively, people often perceive FinTechs as a threat, but the reality is that some of the greatest successes, especially in Wholesale banking, are through collaboration between FinTechs and banks, and we will be demonstrating this throughout Innovation Week.”