A couple of months ago, our CTO talked about the importance of innovation in staying ahead of the market, and how we manage this at Duco. In this post I want to look at how regulation can force innovation, to firms’ advantage.
August 2017
MiFID II: a blessing in disguise?
Reconciliations have always been viewed as an unavoidable obligation when it comes to running an operations department. Originally they were implemented purely to exercise and evidence control. The world has changed however: financial instruments have become more complex, regulation more onerous, and the amount of data firms need to manage is growing exponentially.
July 2017
Skin in the Game, Part 1: Audit
At Duco we have a set of five core values that underpin our approach and culture. One that’s particularly close to my heart at the moment is “Service, not Software”.
June 2017
Innovation or stagnation? You decide
In today’s world, technology advances so rapidly that all companies must be prepared to innovate repeatedly or face irrelevance or even collapse. But how can you make innovation part of the fabric of the business as it grows? All firms are different of course, but here’s what we found at Duco:
May 2017
Why SaaS Means Better Software
The Software as a Service (SaaS) market is experiencing strong growth. Gartner estimates it will expand more than 20% in 2017 to reach $46.3 billion, and that by 2025, over half of large enterprises will have successfully implemented an all-in SaaS strategy.
February 2017
Paving the Way For the Cloud in Finance
In previous posts, I have explored a few themes around why Duco is made available as SaaS and what we learned along the way:
October 2016
Sunny Spells, Patchy Clouds and a Typhoon of Data
The 32nd annual FIA Expo in Chicago was, as ever, full of commentary and observation as the industry looked back on the last year and forward to the next.
September 2016
Doing More with Less: A Problem or an Opportunity?
With increasing regularity, I’m hearing more and more banks saying that they are faced with having to do more with less - almost a mantra for our times.
Yesterday the CFTC fined Barclays $800k for supervision failures related to clearing and exchange fee processing. The full press release is available on the CFTC web site: http://www.cftc.gov/PressRoom/PressReleases/pr7419-16#PrRoWMBL.
Data quality and control are key differentiators that are going to become increasingly important for financial institutions as margins are squeezed and regulatory requirements intensify, according to a panel of experts.