Duco

Happy holidays! Wishing you a joyful and peaceful break, whether you’re: 🍴 Thinking about data prep or meal prep 🧀 Looking at dashboards or cheese boards 🎄 Settling on T or setting up the tree 🌟 Checking automations or hanging decorations 🦌 Reporting for EMIR or awaiting reindeer See you in the New Year! #FinancialServices

The role of Chief Operating Officer is evolving. Operations functions in capital markets are no longer just viewed as a cost centre. They’re being recognised as the engine that drives a firm towards its strategic goals. Britannia’s Jodie Kelsall, PwC’s Mia Kershaw and Chryse Coaching CEO Cressida Hamilton were on stage at Innovation Day to discuss the impact of these changes. They explored the new opportunities this brings for COOs, the extra demands placed upon them, and how leaders can successfully deliver the transformation expected of them. Check out the article in the comments to get all their expert insights 👇 #CapitalMarkets

Our latest newsletter is jam packed full of insights from top industry leaders. Read what experts from Oliver Wyman, PwC, HSBC, MUFG, Britannia, Manulife and more had to say about some of the biggest topics in Operations, including: 🔍 Why a positive outlook for 2025 brings big innovation expectations for wholesale banking 💡How the role of COO is evolving, and what this means for your transformation initiatives 🏆 The where, when and how of winning with AI 💪 Empowering Operations users with no-code technology And much more! Check it out now and subscribe to stay informed in 2025 ✅ #CapitalMarkets

Duco CEO Michael Chin has been named a top innovator in this year’s TabbFORUM Top 40. We chatted to Michael about the value of innovation - and how firms can get better at it. Watch the interview to discover: 💡 Why innovation is about more than just delivering new products to customers 💡 How financial services firms can foster a culture of innovation 💡 How Duco is helping firms build the workforce of the future - and why partnership is key to our success 💡 What we’re focussing on next Check out the interview here 👀 Link to the full transcript in the comments 👇 #Innovation

How did we do against our ESG targets this year? Our latest report shows what we’ve achieved, the challenges we faced and where we’re aiming next. Highlights include becoming carbon neutral and offsetting 100% of our emissions from the previous reporting year. Our hosting emissions are down 16% - despite our customer base growing 46% - and we’ve matched our data centre energy usage with 100% renewable energy sources. This enabled us to deliver massive emissions savings for our largest customers compared to on-premise reconciliation. Duco remains the best choice for financial firms looking to reduce the environmental impact of their data automation and reconciliation processes. On top of this, we also: ✅ Completed a multi-million dollar public cloud migration strategy, rearchitected our platform, implemented scaling to zero and migrated database servers, all of which allows us to deliver the high performance customers expect while reducing energy consumption. ✅ Launched a DEI working group. ✅ Embedded our Mental Health First Aider programme. ✅ Ran community-forward coaching and educational sessions through our volunteering programme. ✅ Reviewed 100% of our critical vendors as part of our initiative to proactively monitor sustainability risks in our supply chain. You can find out the details of all these initiatives, and how we plan to go even further in 2025, in our latest ESG report on our website. The link is in the comments 👇 #ESG

We’re delighted to announce that our CEO, Michael Chin, has been named a top innovator in financial markets in this year's TabbFORUM 40. This list honours “leaders whose blend of vision, strategy and execution sets them apart in applying technology for maximum advantage”. Check the comments to see why Michael won 👇 #Innovation

How much are you really paying to be on-premise? 🤔 The cost of the reconciliation or data automation software in your data centre goes far beyond just licences, hardware and IT support. You also have to factor in: 💰 Mandatory upgrades - expensive software updates that can take years and cost millions, but add no value. 💰 End-of-life support - sunset systems can be difficult to replace and require expensive premium support or more internal IT resources. 💰 Inagility - what is the opportunity cost of slow time-to-market for new data processes? 💰 Endless manual work - a side-effect of inagility is that it’s often quicker for Operations to compensate for automation gaps with manual work. It may be fast, but it’s definitely not cheap. There’s a lot to consider when calculating the total cost of ownership (TCO) of your on-premise software. We cover everything you need to know on our blog. Find the link in the comments 👇 #Fintech

What lessons can European firms learn from the US move to T+1? 🤔 Europe and the UK will both follow in the footsteps of the US with moves to T+1 settlement cycles in 2027. Duco Chief Product Officer James Maxfield explores the top considerations for firms in his latest article for Traders Magazine. Automation is key to enabling firms to efficiently tackle the requirements of shortened settlement cycles. But research suggests that many firms in the US increased headcount, which does nothing to tackle the underlying technology and process issues. Check out the article in the comments to discover how European firms can ensure a robust and efficient approach to T+1 👇 #T1

What should capital markets focus on over the coming months? How can COOs deliver successful transformation? What’s the secret to a winning AI project? Innovation Day sought to answer all these important questions and more. We’ve collected the best and sharpest insights from our line-up of industry experts on the hottest topics in Operations, including: 💡 Why the improving outlook for the industry in 2025 puts firms under pressure to deliver innovation 💡 When and where to use AI to ensure you deliver value 💡 Why most COOs feel process transformation is the key to delivering efficiency in 2025 💡 How to maximise the effectiveness of no-code technology and build a next-generation operating model Find the answers to all these in the comments 👇 #CapitalMarkets

🚀 Empowering innovation in tech and financial services 💡 Duco founder Christian Nentwich, PhD Nentwich talks to Hiten Patel about transforming financial services with smarter tech on Oliver Wyman’s Innovators’ Exchange podcast. Christian explains the importance of empowering non-tech teams and the reality of low-code and no-code solutions. He also highlights why growing firms should focus on flexibility and gaining a deep understanding of their customers’ needs. Check it out in the comments 👇 #Innovation