Duco’s new hire Julian Trostinsky will take ownership of Hybrid SaaS and oversee the newest edition of Duco Cube.
The investment will help Duco grow its staff by about 140 percent and incorporate machine-learning tools into its offering.
Duco wins as Best Reconciliation Provider for its Duco Cube platform.
Once Duco's platform goes live, the Luxembourg-based arm of Societe Generale will be able to automate a variety of processes, officials say.
Solutions provider announces new sales director for UK and Ireland
Dan and Anthony look at the Markit-IHS merger and recap Anthony's trip to FIA Boca.
Regulatory burdens are driving development in early stage business sector
Duco, the London-based fintech provider of hosted reconciliation services announced the establishment of its European regional headquarters in Luxembourg as the next step in its plans to expand globally.
Former Deutsche Bank exec to lead push in US, Canada.
Duco now counts 16 clients globally.
London-based INTL FCStone Ltd has chosen Duco Cube to handle reconciliations for its exchange-traded derivatives and London Metal Exchange businesses.
Traiana has integrated Duco's reconciliation engine so it can reconcile reference data from central counterparties, swap execution facilities and futures commission merchants ahead of the introduction of new regulations for the US swaps industry