London, 28 September 2017 – Duco, the market’s leading provider of self-service reconciliation solutions, today announced that ING, the global banking and financial services corporation, has chosen Duco Cube to automate a range of processes across wholesale banking operations. This includes cash, trade and position reconciliation, as well as internal system-to-system data controls.
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Duco has been awarded ISO 27001 certification for the fourth year in a row, demonstrating our commitment to keeping clients’ data secure.
Duco appeared in The Sunday Times on 2 July 2017 in the Raconteur special report: The Data Economy in Financial Services.
LONDON, 11 July 2017 – Duco, the global provider of self-service data normalization and reconciliation services, today announces the official launch of Duco Cube Insight, a real-time analysis module for reconciliations that enables firms to cut down root cause investigation time around operational issues. The module was made available to Duco clients in the first quarter of 2017. Since then there has been significant uptake across both buy-side and sell-side firms.
London, 7 June 2017 – NEX Regulatory Reporting, a NEX Group business which provides regulatory reporting services across worldwide regulatory regimes, and Duco, the global provider of self-service data normalisation and reconciliation services, today announce that NEX Regulatory Reporting is to use Duco’s technology to provide MiFID II reconciliation to their clients.
The list was compiled by an independent panel of CEOs, CIOs, analysts and CIOReview’s editorial board.
London, 6 June 2017 – Duco, the global provider of self-service data normalization and reconciliation services, today gave an update on its year-end results. Highlights include well over 100% growth in annually recurring revenue (ARR), a 50% increase in new clients, and significant development of the firm’s flagship reconciliation platform Duco Cube. Alongside this, Duco increased its footprint in New York and London, adding key senior management and personnel focused on research and development, client services and commercial expansion. By using Duco Cube, clients have saved over 5000 man hours per day in manual reconciliation time.
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The MiFID II deadline is just around the corner, but there is still confusion regarding the practical implications of MiFIR transaction reporting for hedge funds and asset managers. Areas of uncertainty include delegated reporting, reporting specific instruments, reporting at fill or order level and post-trade publication.
London, 10 May 2017 – Duco, the global fintech provider of data control services, today announced a new engagement with World First, the international payments company. World First will use Duco Cube, the award-winning self-service data control platform, to automate a variety of tasks across treasury and middle office functions.
Luxembourg, 15 March 2017 - Duco, the global fintech provider of data control services, has announced a commercial agreement with Societe Generale Bank & Trust (SGBT), a wholly-owned subsidiary of Societe Generale based in Luxembourg. SGBT plans to use Duco Cube, the award-winning self-service data control platform, to automate a number of key processes, including securities, cash and internal system-to-system reconciliations.