Societe Generale Corporate & Investment Banking Selects SOX-XL Software Suite for End User Computing Controls and Monitoring

BOSTON and LONDON, March 11 /PRNewswire/ -- CIMCON Software Inc., the Pioneering Market Leader in Governance, Risk and Compliance (GRC) solutions for End User Computing (EUC), today announced that Societe Generale Corporate & Investment Banking has selected the SOX-XL suite of tools for spreadsheet and database monitoring and controls.

At the core of Societe Generale's universal banking business model, the Corporate & Investment Bank is a well-diversified and leading player with 12,000 professionals present in over 40 countries across Europe, the Americas and Asia-Pacific.  Standing by its clients across sectors, the Corporate & Investment Bank tailors solutions for them by capitalizing on its worldwide expertise in investment banking, global finance, and global markets.

• For Corporates, Financial Institutions and public sector: providing a global advisory approach (M&A, debt, equity transaction, capital structure, and asset & liability management), as well as quality capital raising solutions across the debt and equity spectrum, optimized financing and expert risk management responses notably in the realm of foreign exchange and rates derivatives.

• For Investors: offering reliable and sound investment opportunities and risk management solutions through its integrated global markets platform delivering seamless access to markets (equity, rates, credit, currencies, commodities and derivatives), as well as advice and solid financial engineering, quality of execution and forward-looking research across asset classes

"CIMCON Software takes great pride in the selection of our EUC solution by Societe Generale Corporate & Investment Banking," said Jacob DeVries, Associate Director, GRC Solutions. "The CIMCON solution will provide Societe Generale Corporate & Investment Banking with tools for spreadsheet and database monitoring, risk assessments, fraud detection, and controls. As a pioneer and thought leader in EUC controls and management, CIMCON products offer powerful functionality, ease of use and flexibility to our clients as a result of constant innovations and listening to our customers. We are pleased to welcome Societe Generale Corporate & Investment Banking to CIMCON's large portfolio of blue-chip clients and the largest installed customer base in the industry."

About CIMCON Software, Inc.

With 21 years of innovation, experience and knowledge, CIMCON Software, Inc. is a Pioneering Market Leader in providing a complete range of Spreadsheet Control and Compliance solutions. CIMCON's Spreadsheet Compliance Technology is a de facto Industry Standard with the Largest Installed Client Base of over 200 companies for regulatory compliance, including the Regulator of America's Capital Markets and an enforcement arm of the Securities and Exchange Commission (SEC), and America's Largest Mortgage Company with nearly a trillion dollars in loans. With a client base spanning North America, Europe and Asia and a 6-year history of use, CIMCON's spreadsheet compliance technology has been selected and implemented worldwide by many Fortune 500 corporations as a Global Corporate Standard for Regulatory Compliance.

CIMCON's SOX-XL suite of products provide the industry's most comprehensive spreadsheet lifecycle solutions from discovery, risk assessment, analysis, and controls to archiving and record retention. CIMCON Software is also the first company to provide compliance solutions for Access databases in a single integrated platform to provide our clients with one-stop End User Computing (EUC) solutions.

For more information about CIMCON Software's market-leading Spreadsheet and Database Compliance Solutions, please visit http://www.sarbox-solutions.com.  

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SOURCE CIMCON Software, Inc.