Thursday, 15 November 2018

DUCO CONTINUES GLOBAL GROWTH: OPENS NEW OFFICE IN SINGAPORE

Expansion into Asia is in response to strong demand for Duco’s self-service data quality and reconciliation solutions by global financial institutions

SINGAPORE, Nov 15 (Bernama-BUSINESS WIRE) -- Duco, the global provider of enterprise data quality and reconciliation services, today announced that it had opened new offices in Singapore to support the rapid demand for its services and solutions in the region. The new office will cater to customers across Asia Pacific ensuring they receive the superior customer service and support that Duco has become known for.

This is the latest office to open amid rapid growth and adoption of Duco’s self-service, data agnostic platform. Duco is used by global financial institutions to accelerate digital transformation programs helping to solve a range of data quality, integrity and reconciliation challenges across multiple departments.

Christian Nentwich, CEO, said, “The data quality and reconciliation market is moving towards self-service, which Duco helped pioneer. To better support our customers, we see Singapore as a fantastic hub due to its strong support for Fintech and innovation, and the presence of both local and global customers. We are excited to be ‘open for business’ in Singapore as we continue to focus on helping clients solve their most difficult data quality and integrity problems.”

Keith Whelan, Interim Head of Singapore, commented, “We are delighted to open our newest Duco office. Singapore was the obvious choice considering how many major financial institutions are based here and its access to high quality Fintech talent. This will be critical as we rapidly expand our team in Asia to support our growing client base.”

“At Duco we believe in doing things a little differently,” said Victoria Harverson, Business Development Director, Asia Pacific. “We are focused on leveraging machine learning and self-service technology to solve long standing data problems that have traditionally suffered from manual and legacy point solutions. Customers love our enterprise-ready SaaS platform and are looking to Duco to be the data integrity and control point in their future architecture. Our new office will support our continued expansion across Asia, ensuring clients get the best possible service and support from Duco. We look forward to joining and working with the Singapore Fintech community - especially those that are as focused as Duco on innovation through machine learning and artificial intelligence.”

About Duco

Duco’s mission is to make managing data easy. Financial services firms rely on us to reduce costs and dramatically improve efficiency in reconciliation and other data quality controls. Our self-service, cloud-based tools empower users to aggregate, normalise and reconcile any type of data on demand. Customers are live in 24 hours, with results in 7 days and tangible business value in 30 days. Headquartered in London, with offices in New York, Luxembourg, Edinburgh, Wroclaw and Singapore, Duco’s customers include global banks, brokers, asset managers, exchanges and middle and back office outsourcers. For more information go to www.du.co

View source version on businesswire.com: https://www.businesswire.com/news/home/20181114005966/en/

Contact

Chris Peacock, press@du.co, +44(0)2031119294

Source : Duco

--BERNAMA

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