Duco is fast establishing itself as the benchmark for reconciliations processing in the futures market
software provider Duco has promoted Patrick Thornton-Smith to
the board in the role of chief marketing officer.
Thornton-Smith has been working
with the fast growing software firm since leaving Traiana at
the start of the year.
His promotion came as Duco
announced three further contract wins with service providers
in the equities and derivatives market.
These wins come off the back of
recent deals with RJ Oâ€™Brien and INTL FC
Duco Cube is rapidly disrupting
the once staid world of post-trade reconciliation.
The product is delivered on a
software-as-a-service model and provides the infrastructure
to analyse and process data across asset-classes and
Duco CEO Christian Nentwich
said that the firm was seeking strategic partnership in the
finance community to expand its reach in the market as well
as looking for organic growth with direct sales and new
Patrick Thornton-Smith said:
â€œWith this significant growth in customers
over the last nine months and strong strategic positioning
in over-the-counter and exchange-traded
derivatives post-trade, clearing and regulation.
looking forward to continued acceleration and developing new
markets for Duco.â€
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