Capgemini will use a service center dedicated to the project, based in Hyderabad in India, where Capgemini has around 17,000 collaborators.
Paris, January, 18, 2008 ? Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, has been chosen by Société Générale to carry out the standardization of the IT systems of its international retail banking subsidiaries. Having started, in 2004, to standardize the IT systems of ten of their 39 subsidiaries spread across zones in Europe, Africa, the Mediterranean and French overseas departments and territories, Société Générale was looking for a partner that could, on the one hand, manage a services centre intended to accompany its different subsidiaries and, on the other hand, collaborate with its teams for the full length of the projects, in the local language and in the specific geographical zone. Capgemini was thus chosen to partner the bank in the deployment of the Delta-bank solution from Delta IT, through deployment projects of 12 to 18 months in 19 different countries. Capgemini will help Société Générale with the successful development of international retail banking by optimizing its cost base while strengthening the coherence of an IT system serving more than 40,000 employees across the globe. This project fits perfectly within the framework of Capgemini's Rightshore ® strategy, which aims to offer its clients the best resources in the best location, and at a competitive cost. To carry out the execution of the strategy, a close collaboration is established between the project manager who runs the service centre on site in Hyderabad, a program director based in France who takes care of relations with Société Générale, and more than 20 consultants from Capgemini's Core Banking Community who are involved at all phases of the deployment projects. "The integration of Kanbay's facilities in the Financial Services SBU and notably our Hyderabad centers of expertise in the deployment of banking application packages, was decisive in Capgemini Group's solution for Société Générale that combines the intimacy of the well established client relationship with the competitiveness and flexibility of a service center based in India," states Raymond Spencer, SBU Financial Services Director. About Capgemini Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, enables its clients to transform and perform through technologies. Capgemini provides its clients with insights and capabilities that boost their freedom to achieve superior results through a unique way of working - the Collaborative Business Experience - and through a global delivery model called Rightshore®, which aims to offer the right resources in the right location at competitive cost. Present in 35 countries, Capgemini reported 2006 global revenues of EUR 7.7 billion and employs over 83,000 people worldwide. More information is available at www.capgemini.com. Capgemini provides deep industry experience, enhanced service offerings and next generation global delivery to serve the financial services industry. With a network of 15,000 professionals serving over 900 clients worldwide, we move businesses forward with leading services and best practices in Banking, Insurance, Capital Markets and Investments. For more information please visit www.capgemini.com/financialservices