Meet the winners of the Banking Innovation Awards organized by Societe Generale and Wavestone

For the fourth year in a row, Societe Generale and Wavestone have teamed up to reward the innovative startups and SMEs who offer their services in the banking sector notably in regards to cybersecurity, data and artificial intelligence.

Four awards

The finalists were divided by a panel of executive committee members and experts from Societe Generale, Wavestone executives, ANSSI's Director General and an academic specializing in Machine Intelligence and Learning Systems. After much deliberation, the winners of each category are:

• Hackuity for the "Cybersecurity 2020" Grand Prix
  The Hackuity platform rethinks how IT vulnerabilities are managed in businesses by collecting, standardizing and orchestrating all automated or manual security assessment practices.

• Inqom for the "Data & AI 2020" Grand Prix
  SaaS Inqom software automates accounting production and generates balance sheet in real time. Thanks to Artificial Intelligence, the solution processes and enriches accounting data to create centralized, standardized and intelligent accounting. 

• Isahit for the "Data for Good & Ethics" Prize
  The French “Tech for Good” Isahit offers companies a digital sourcing impact platform, for the processing of digital tasks that cannot be supported by artificial intelligence.

• CryptoNext for the "Cybersecurity Made In France" Prize
  CryptoNext encryption technology makes data resistant to the power of quantum computing. Its software is intended to be implemented in the offerings of the major players in computer security.

The winners of the "Cybersecurity 2020" and the "Data & AI 2020" Grands Prix will be able to test their solution at Societe Generale and join Shake'Up, Wavestone's startup accelerator program. The "Data for Good & Ethics" and "Cybersecurity Made In France" Prizes allow for a presentation to the Strategic Committee of Uses and the Safety Innovation Committee of Societe Generale and Innovation Corner of Wavestone, as well as three coaching meetings with experts from both companies.

“Innovation, coupled with accountability, is a strategic priority to transform our activities and enrich our relationship with our customers. Societe Generale has scaled its efforts in terms of data and artificial intelligence to customize faster, more relevant solutions while ensuring its role as a trusted third party. Our involvement in the startup ecosystem allows us to design the bank of tomorrow.” Sylvain Thiry, Societe Generale Group Chief Information Security Officer

 

“Major transformations in all industries will undoubtedly be driven by better data usage. Artificial intelligence will make it possible to make the most of it, especially thanks to its ability to analyze large volumes of information. But this concentration and its uses will also attract cyber criminals, who are quick to steal and resell data or block systems to demand ransoms. It is in this context that we mobilize our strengths and support the innovation ecosystem on all dimensions.” Gérôme BILLOIS, Partner at Wavestone

Banking Innovation Awards

Driven by the desire to put innovation at the centre of the transformation of the banking sector, Societe Generale Group and the consulting firm Wavestone are rewarding innovative solutions offered to the bank and its clients in the fields of cybersecurity, data and artificial intelligence.

The Banking Innovation Awards are aimed at European startups and SMEs who are developing new security tools, in the area of open innovation. The aim of this approach is to increase contacts and exchanges between players in the banking ecosystem, in order to co-build value-creating solutions for Societe Generale and Wavestone customers, while ensuring the security of data and IT systems.

In 2019, the competition awarded startups Hazy, Keeex and Sokoia.io for their innovative solution.

The 2020 edition has dedicated the creation of a new category of awards around data, whose stakes are more than ever inseparable from those of cybersecurity and artificial intelligence.

Press Contacts:

Wavestone Communications Director Sarah LAMIGEON  Tel: + 33 1 49 03 20 00   Societe Generale Astrid FOULD BACQUART astrid.fould-bacquart@socgen.com Tel: +33 1 56 37 67 95

Wellcom PR Agency Sonia EL OUARDI sonia.elouardi@wellcom.fr Donna CLEMENT donna.clement@wellcom.fr Rachel HOUNSINOU rachel.hounsinou@wellcom.fr Tel. + 33 1 46 34 60 60

About Wavestone

In a world where transformation is the key to success, Wavestone's mission is to inform and guide large companies and organizations in their most important transformations with the ambition of doing so positively for the benefit of all stakeholders. This is what we call "The Positive Way."

Wavestone has more than 3,000 employees in 8 countries. It is one of the independent leaders of the council in Europe.

Wavestone is listed on Euronext in Paris and labelled Great Place To Work®. More information about wwa.wavestone.com// Twitter: @wavestoneFR

About Societe Generale

Societe Generale is one of Europe's leading financial services groups. Building on a diversified and integrated model, the Group combines financial strength, innovation dynamics and sustainable growth strategy to be the trusted partner of its clients, committed to the positive transformations of companies and economies.

A player in the real economy for more than 150 years with a strong foothold in Europe and connected to the rest of the world, Societe Generale employs more than 147,000 people in 67 countries and supports 31 million individual clients, companies and institutional investors around the world on a daily basis, offering a wide range of tailored financial advice and solutions based on three complementary business areas. :

• Retail Banking in France with Societe Generale, Credit du Nord and Boursorama brands that offer complete ranges of financial services with an omnichannel device at the forefront of digital innovation;
• International retail banking, insurance and corporate financial services, with networks in Africa, Russia, Central and Eastern Europe, and leading skilled trades in their markets;
• The Bank of Large Clients and Investor Solutions, with its recognized expertise, key international positions and integrated solutions

Societe Generale is included in the main sustainability indices: DJSI (World and Europe), FTSE4Good (Global and Europe), Euronext Vigeo (World, Europe and Eurozone), 4 of the STOXX ESG Leaders indexes, MSCI Low Carbon Leaders Index.

For more information, you can follow the twitter account @societegenerale or visit the website www.societegenerale.com