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.
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.
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.
London, 14 December 2016 – Duco, the global fintech provider of data control services, today announced a new agreement with Currencycloud, the international Payments Engine behind a number of leading payment firms. Currencycloud will use Duco Cube, the award-winning self-service data control platform, for a variety of operational functions including cash, trade-to-cash, and bank cash flow reconciliations. In addition to Currencycloud, Duco Cube is employed by a range of international banks, brokers, exchanges, hedge funds and asset managers.
December 2016
Duco Wins FOW International Award for Third Year Running
London, 8 December 2016 – Duco, the global fintech provider of post trade data control services, has won the FOW International Award for ‘Best Technology Product – Trade Reconciliation’ for the third year in a row. FOW, the leading news and data service for the global futures and options industry, presented the award at their International Awards Dinner on 7th December.
October 2016
Duco Continues Its Growth in Listed Derivatives Space With Two New Clients and Enhanced Functionality
CHICAGO, October 19, 2016 – Duco, the global fintech provider of data control services, announced further growth in the listed derivatives space today at the 32nd FIA Expo in Chicago. Duco has signed two leading, global FCMs to Duco Cube, its award-winning hosted reconciliation platform, and both clients will benefit from recent enhancements to the service.
October 2016
CME Group and Duco Announce Launch of Fee Data Control and Reconciliation Service for CME Member Firms
CHICAGO, October 18, 2016 – CME Group, the world's leading and most diverse derivatives marketplace, and Duco Technologies, a global fintech provider of award-winning data control services, today announced that Duco’s innovative data control and reconciliation services will be available to CME Group member firms starting in January 2017. The launch follows a successful six-month trial period with a limited number of futures commission merchants (FCMs).
London, 30 March 2016 – Duco, a global provider of award-winning data control services, has been named in the European FinTech Top 100, a list of the most promising and innovative fintech companies across the continent.