Press release

Digital Finance Awards 2019: An artificial intelligence solution created by Yseop for Société Générale wins award for most innovative initiative of the year

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Yseop, the French artificial intelligence wonder company and world
leader in Natural Language Generation (NLG), has today announced that
the project to digitize management control processes based on the Yseop
platform and created for Société Générale has won the award for most
innovative initiative of the year at the 2019 Digital Finance Awards.

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Philippe Charpentier, Responsible for Digital & Innovation Office of Direction Financière de la Soci ...

Philippe Charpentier, Responsible for Digital & Innovation Office of Direction Financière de la Société Générale (credit: Future of Finance)

The aim of the Future of Finance initiative, delivered in partnership
with Deloitte, is to reward finance departments that have performed
outstandingly in the innovation, digitization and modernization of their
operations. The first Digital Finance Awards, held in March 2019, have
rewarded the best initiatives in the digital transformation of finance
operations. Société Générale submitted its Scribe platform, a project
using the agile development method, to the Digital Finance Awards. In
2017, the finance department at Société Générale identified the
potential of AI and initiated a testing prototype using Yseop’s NLG
solution, to optimize the time-consuming writing of financial reports
commentaries, which are produced in great volumes.

Since 2015, Addventa, Yseop’s partner on the project, has been working
closely with Société Générale, a pioneer in the use of NLG. By
automating report writing, Yseop’s NLG platform delivers a reduction of
up to 80% in production time for commentaries, offering an improvement
in operational efficiency, standardization of report quality and putting
analysts’ value creation to better use. It has been rolled out to other
areas and is contributing to a dramatic long-term transformation of all
business processes.

Emmanuel Walckenaer, CEO of Yseop, said “Our ambition is to place
our AI and NLG know-how at the service of organizations and end users,
putting an end to the rivalry between technology and the human
dimension. We are proud to see our solutions becoming a mainstay of a
digitization program as successful as that of Société Générale, which
has successfully met the challenge of innovation.”

Philippe Charpentier, Head of the Digital & Innovation Office at
Société Générale’s Finance Department
, added “Yseop’s NLG solution
gave us a way to enrich analyses by combining the speed and calculating
power of new technologies with human analytical skills. This award
highlights the specific achievements of Société Générale’s Finance
Department in innovation, and acknowledges the excellent work done by
all the teams involved, both inside and outside the company.”


About Yseop

Founded in 2007, Yseop is an international AI software company and one
of the early pioneers of natural language generation technology (NLG).
Based in France, the US, the UK and Colombia, Yseop has operations
throughout Europe, North America and Asia. The software patented by
Yseop combines the automation of business processes with the translation
of data into human language to generate highly personalized and relevant
text and dialog. The solution’s applications focus on customer
relations, business intelligence and the production of reports of all
types (financial, pharmaceutical, etc.).
YSEOP bridges the gap
between big data and human beings, making machine-to-machine and
machine-to-human dialog possible through the integration of Natural
Language Understanding (NLU), Natural Language Generation (NLG), and
Ontologies technologies. Used by the major players in finance and
pharmaceuticals, nearly 50,000 users rely daily on our technology to
write accurate, customized commentaries, making analytical reports and
data clear and easy for everyone to understand.

For more information, please contact us at
or visit
Catch up with our latest news on Twitter @Yseop
and LinkedIn.

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