FinTech Belgium – Fintech Belgium MeetUp on Asset Management – M. Faure – BEA...
ABOUT ITEC
1. ABOUT ITEC
ITEC is the IT department of the Investment Bank of Societe Generale, a.k.a. GBIS for Global Banking and
Investor Solutions. With 18,000 employees working in 53 countries, GBIS focuses on the needs of Corporates,
financial institutions, public sector, family offices or High Net Worth Individuals. It regroups Corporate & Investment
Banking, Private Banking, Asset Management and Investor Services.
GBIS is a major growth engine for the Group, (see more on https://www.sgcib.com ).
What are the key characteristics of ITEC?
We are BIG! ITEC is 7000 people strong worldwide.
We are global: GBIS is represented in more than 50 countries, but ITEC is concentrated in the major
financial places of the planet: Paris, New-York, London, Hong Kong. But in parallel, ITEC has developed a
network of operation Hubs like Bangalore, Montreal, and now Bucharest, in order to be more resilient, and
more cost effective.
We are complex: the type of business we support is very complex and dynamic. Financial products and
solutions embed advanced mathematics and finance concepts, but they also need to be out on the market
as fast as possible to beat the competition: Time to Market is key!
We are growing: the investmentbanking is a very IT intensive business.And as we embark into the “Digital
Transformation” journey to create the “Bank of the Future”, IT is becoming more and more a critical/core
business partner for the bankers. ITEC represents one third of the overall GBIS staff.
ITEC Bucharest operates with Parisian colleagues just like if we were one floor up (or down) in the same tower in
Paris,La Defense.We want to be able to create that proximity in the relationship, and the trust and confidence in the
connections.
Our initial target will be to grow up to a few hundred people in the coming years. This will only be possible if we
demonstrate our ability to deliver high quality work.