16:38 uur 15-03-2017

Duco breidt internationaal uit met overeenkomst Société Générale Bank & Trust

LUXEMBURG–(BUSINESS WIRE)– Duco, de internationale fintechprovider voor datacontrole, kondigt zijn commerciële overeenkomst met Société Générale Bank & Trust (SGBT) aan, Luxemburgse dochteronderneming die volledig in bezit is van Société Générale. SGBT is van plan Duco Cube te gebruiken. Dit bekroonde platform voor selfservice-datacontrole automatiseert een aantal belangrijke processen, waaronder de afstemming van effecten, cash en verscheidene interne systemen.

“We zijn erg blij samen te werken met Société Générale, dat in het verleden al heeft aangetoond innovatieve projecten te steunen”, zei Christian Nentwich, ceo van Duco. “Deze overeenkomst is belangrijk, omdat het bewijst dat onze baanbrekende technologie, die als Software-as-a-service wordt geleverd, datacontroleprocessen kan transformeren bij organisaties als SGBT. Het is ook een nieuwe stap in Duco’s wereldwijde uitrol, die onze klanten in de Eurozone een extra mogelijkheid biedt.”


Duco Continues Global Expansion with Societe Generale Bank& Trust

LUXEMBOURG–(BUSINESS WIRE)– 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.

‘We are very pleased to be working with Societe Generale, who have a track record of sponsoring innovation initiatives,’ said Christian Nentwich, CEO of Duco. ‘This agreement is significant as it proves our cutting-edge technology, provided through Software as a Service, can transform data control processes at organisations such as SGBT. It is also the next step in Duco’s global roll-out, providing an additional option for our customers in the Eurozone.’

Both firms are committed to transforming the industry by using intelligent technology. Last year Societe Generale participated in the Accenture Fintech Innovation Lab in the UK, while Duco was previously selected for the Innovation Lab as part of an elite group of technology firms focused on the evolution of the industry through innovation.

Yves Dupuy, Chief Information Officer at SGBT commented: ‘Duco Cube represents a new, transformative approach to data management and control that aligns with our forward-thinking culture. With Duco Cube, we can set up and automate a variety of processes with ease, without major development projects. The technology also introduces an additional degree of control, transparency and auditability across our business.’

Jeffrey Gangl, Duco’s Chief Revenue Officer, added: ‘We look forward to working closely with SGBT. As Duco continues to introduce new innovation to the market, we rely on forward-thinking organisations such as SGBT to help us shape the future of the industry. Our relationship enables both companies to scale quickly, address new challenges, and pave a path to industry change.’

For more information, please visit du.co

About Duco

Duco is changing the way the world controls its data. Its award-winning hosted platform, Duco Cube, enables firms to control complex data using light-touch, self-service technology. Headquartered in London, with offices in New York and Luxembourg, Duco serves clients throughout Europe, the United States, Africa, Asia, the Middle East and Australia.


For Duco:
Eleis Brennan
Intermarket Communications
+1 212 754 5610; +1 917 428 9085 (mobile)

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