Societe Generale Boosts its Trading Platform With Real-Time Global Data Replication

Case Studies

CASE STUDY –

The company

A multinational investment bank and financial services company, with over €24B in annual revenue. 

The challenge
Societe Generale had 200 applications including pre-trade, risk management, accounting services and more, and needed to grow this number significantly. Each system of record had a different API, making it difficult to get a single view of the data across applications and platforms. Societe Generale lacked a single source of data truth. In addition, the existing infrastructure supported only 99% availability, which was not enough to meet the bank’s service level agreements.

 

The solution
Societe Generale implemented Smart DIH as a data store and data processing layer which provides a single API to 7 systems of record. The smart caching module was used to significantly accelerate data access. In addition, the Smart DIH data replication service provided asynchronous replication in real-time between sites in Paris, New York, London, and Hong Kong.

SocGen

Multi-Region Data Replication at Societe Generale

  • RESULTS
  • Number of applications connected to Smart DIH grew from 200 to over 400 applications in less than three years
  • Up to 20 million daily realtime event triggers sent to applications
  • 99.999% availability
  • Hundreds of concurrent internal users
  • Read : 700K per day
  • Global real-time data replication

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