This slide deck explores how Société Générale uses WSO2 as a strategic partner for open banking. They were able to overcome the difficulties that incumbent banks face when adapting quickly to market changes. Learn more: https://wso2.com/library/conference/2018/11/wso2con-eu-2018-how-wso2-enabled-open-banking-at-societe-generale-international-retail-banking-services/

1. Enterprise Architect, Société générale
How WSO2 Enabled Open Banking at
Société Générale International Retail
Banking Services
Jean-Louis Rocchisani

2. International Retail Banking Services support the 3 SG
international retail business lines:
Europe, Africa Mediterranean & Overseas, Russia
EUROPE:
● 16 banks
● 13 countries
● 9,1 M. Customers
AFMO:
● 26 banks
● 22 countries
● 4,3 M. Customers
RUSS:
● 3 banks
● 1 country
● 5,1 M. Customers
DROM-COM
IRBS

3. « Open banking platform is one
of the pillars of the 2020
strategic plan: Transform to
grow »
said Frédéric Oudéa
Chief Executive Officer at Société
Générale
Société Générale 2020 ambition
“We want an open approach to develop offers and
clients’ satisfaction”

4. Open Banking is an opportunity
that Société Générale has
captured for improving its time-to-
market and enabling new business
models.
Since 2015, SG has invested heavily
in such architecture and now will
extend toward platform models.
Why open banking and platform?
Société Générale won the 2018 eCAC40 trophy as first ranking digital enterprise

5. Société Générale’s open banking strategy and the shift from
internal collaboration models to bank as a platform models
Proprietarymodels
Openmodels
Distributor
Producer
Enrich the
bank offer
Aggregate
Better
collaborate
Market
place
Bank
as a service
Consider
API as
product
Increase
distribution
With new
way of working

6. The key drivers that lead the open banking
implementations for Europe, Africa, and Russia
EUROPE:
● Getting ready for
PSD2
● Enrich the bank offer
● New business models
● B2B2C models
AFMO:
● Enhance banks’
digitization (TTM)
● New proposition inc.
unbanked people
● New partnerships
RUSS:
● Cross-selling
● B2B2C models
DROM-COM:
● PSD2 compliant
DROM-COM
Internal,
PSD2, partner
& open API
Internal &
partner API
PSD2
API
Internal &
partner API
Digital factories,
Agile@scale
Hackathons,
API portal
Community work

7. Use case 1:
Federated B2B2C
HUB platform
for SG equipment
finance
SG equipment finance wants to offer a
common API HUB to international vendors in
addition to local ones. They will rely on an
existing WSO2 platform, extend it, and
federate other local platforms.
Local platform
B2B2C
WSO2 HUB
B2B2C
Local platform
B2B2C
International Vendors
Local
Vendors
Local
Vendors

8. Use case 2:
SG Czech Republic
Bank API platform
Société Générale Czech Republic bank
leverages PSD2 toward open API. They
launched a new API platform with API portal to
interact with partners and FinTechs in the
Czech market
WSO2 bank API
platformTPP
Banks & non
financial
partnersSG
Customers
Fintech’s

9. Use case 3:
SG African
innovation API
platform
Société Générale African business line built a
common API platform to speed-up the
bank’s digitalization through mobile channels
and enable innovation with collaboration
partners & FinTechs.
WSO2 African API
platform

10. Use case 4:
PSD2 for SG French
overseas
territories banks
SG French overseas territories banks want to
comply with the PSD2 regulation. They will
used WSO2 Open Banking solution(*) to speed
up their implementation of the STET
standard.
WSO2
open banking
WSO2
open banking
WSO2
open banking
TPP
TPP
TPP
(*) RFP on going

11. After a 1st implementation in 2015, SG IRBS selected WSO2 as the
strategic partner for API & open banking …
WSO2 SG partnering journey
2015
1st SG bank
Implementati
on
WSO2
selected
as SG APIM
standard
2017
WSO2 SG
Framework
Agreement
2018
WSO2 1st wave
new contracts
18 banks
2019 2020
WSO2 6 new
banks
expected
And more
…
Extend strategic
partnering?

12. Why Société Générale chose WSO2 as a
strategic partner for API & Open Banking
It all started with a success story!
● We wanted a partner that fit with our architecture principles
like “SOSMART” — Sustainable, Open, Modular and Real-time
— and “API FIRST”
● They need to accompany us in this transformation.
● Very efficient and innovative people and products.
● We believe in the same vision of a more interoperable world
where technology is more an enabler than a constraint.
We hope for a lot of other success stories …

13. THANK YOU
wso2.com