(Duco describes itself as a no-code data automation company that helps clients consolidate, standardize, and reconcile key data types in Duco’s cloud. Its mission is to dramatically reduce the 60 percent of data processing that happens manually via its Data Automation Platform. FTF News recently spoke with James Maxfield, chief product officer at Duco, about… Read More >>
Gresham Taps Duco for New Global Director
Julian Trostinsky Joins Gresham Technologies Gresham Technologies plc has named Julian Trostinsky, an industry veteran and an ex-Duco vice president, as its new “global director of customer success.” Gresham is a fintech provider of real-time processes, procedures and reconciliation capabilities that are intended to provide “data integrity and control, banking integration, payments and cash… Read More >>
COVID-19 Put Cloud’s Value to the Test: Q&A
(Editor’s Note: Financial services firms that were sitting on the fence about cloud computing are changing their minds as they look to the post-pandemic world. So says Julian Trostinsky, vice president, strategy and solutions engineering at Duco Technology, which offers cloud-based, data and post-trade reconciliation systems. Trostinsky has more than two decades of experience helping… Read More >>
Gresham Taps Duco for Top European Sales Post
Vincent Him Joins Gresham London-based reconciliation vendor Gresham Technologies has tapped competitor SmartStream Technologies to fill a senior European sales position, underscoring its international growth efforts, officials say. Gresham has hired Vincent Him to be sales director for Europe, and he has nearly 25 years of experience across the post-trade reconciliations industry. In addition to… Read More >>
Duco Launches Hybrid Cube & Creates Services Division
Post-trade solutions vendor Duco is moving into its next chapter with the launch of a hybrid, Software-as-a-Service (SaaS) version of its flagship Duco Cube offering, and the creation of a global services division with its own new vice president. The new hybrid SaaS version of Duco Cube was created to target global banks that want… Read More >>
Duco Completes $28 Million Investment Round
Duco to Expand Global Footprint Duco, the cloud-based reconciliation and data-engineering technology company, reports the completion of a $28 million investment round by Insight Venture Partners, NEX Opportunities and Eight Roads Ventures, as well as an investment by Cristóbal Conde, the former CEO of SunGard. Duco says its financial services technology allows banks, brokers, asset… Read More >>
Cris Conde to Advise Duco CEO
Conde to Also Advise Duco Board Former president and CEO of SunGard Cristóbal Conde has joined Duco, which describes itself as a self-service data normalization and reconciliation services provider, as an advisor to Duco CEO Christian Nentwich and to the board of directors, officials say. FIS Global (Fidelity National Information Services Inc.) acquired SunGard in… Read More >>
SGBT to Implement Duco Cube’s Hosted Services
Societe Generale Bank & Trust (SGBT) will be using a data management platform from Duco to automate securities, cash and internal system-to-system reconciliations processes, according to bank and vendor officials. SGBT, a Luxembourg-based subsidiary of Societe Generale, will be using the Duco Cube hosted platform “to control complex data using light-touch, self-service technology,” according to… Read More >>
High Ops Cost Could Kill the Business
(Editor’s note: Christian Nentwich, PhD, is the CEO, co-founder and director of Duco, a London-based financial technology provider of hosted reconciliation services. Nentwich has more than a decade of experience with financial technology and processes, and “a track record of delivering innovative solutions to the market,” according to his bio. Before Duco, he served as… Read More >>
Northern Trust Hires from Blackrock
Northern Trust Asset Management Fills Senior Posts Northern Trust Asset Management, with $875 billion in assets under management (AUM) as of the end of 2015, reports two senior appointments to its London-based asset management group. Aaron Overy has been named to a senior institutional sales post, with a primary focus on the U.K. market, and Nigel… Read More >>
