Newedge Preps for Yearend Integration
The brokerage, to be headquartered in Paris, was created by the combination of the brokerage activities of Société Générale (SocGen) and Calyon-Fimat and Calyon Financial, respectively. The two firms each have 50 percent ownership of the new entity (DWT, Jan. 7).
The migration onto one platform "should be seamless to clients," says Leslie Sutphen, global head of e-solutions strategy for implementation with Newedge. Previously, Sutphen was the global head of e-brokerage strategy for Calyon. "We
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