Societe Generale to Offer Clients KYC Service via an API

The French bank plans to make its KYC offering available to external clients by the end of the year as it continues to enhance SG Markets.

Societe Generale has revealed plans to open up to clients the KYC offering on its single-dealer SG Markets platform.

“We are currently developing our KYC offer massively into our platform for [our internal users]. We are going to open this offer to our clients by the end of the year,” Alain Fischer, chief digital officer of global banking and investor solutions at Societe Generale, tells WatersTechnology.

The KYC process can be painful and complex for banks, Fischer says. Currently, when a

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