About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Société Générale Selects Duco Platform as Part of Plan to Reinvent Operations

Subscribe to our newsletter

Société Générale has reach agreement to deploy Duco’s software-as-a-service (SaaS) enterprise reconciliation and control platform as part of its focus on reinventing its operations functions to provide better insights, enhance customer service and improve data governance.

Société Générale will use the Duco platform to automate key reconciliation processes across all business areas, dramatically improving efficiency compared to legacy systems and spreadsheet based processes. It will also use Duco’s API to provide external reconciliation services to its clients in its capital markets business, adding value to its trade execution and clearing services.

Estelle Letribot, global head of reconciliation post trade in Société Générale’s Global Banking and Investor Solutions business, says: “Innovation and digital transformation are core to our strategy, both internally and for our clients. By working with Duco, we have an opportunity to reinvent our operations, introducing agility, automation and machine learning in a function that has traditionally proved very expensive and time consuming.”

Christian Nentwich, CEO of Duco, said, “The advantages of SaaS and self-service solutions in the reconciliation space are clear and we are glad Société Générale shares our vision. With machine learning and cloud based delivery models now ready for prime time, the industry is rapidly going through a major transformation towards agile services like Duco that mutualise cost and remove unnecessary manual work.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance. Two architectural models central to this conversation are Data Fabric and Data Mesh. This...

BLOG

Exegy Unveils Nexus Market Data Platform to Tackle Latency, Scale and Cost Trade-Offs

Exegy has launched Nexus, a new market data platform designed to streamline infrastructure for high-volume, low-latency trading environments. The FPGA-based system replaces traditional, server-heavy feed handlers with a combination of managed appliances and network interface cards that deliver microsecond-level performance and reduce datacentre footprint by over 40%. “Across the buy side and sell side, market...

EVENT

TradingTech Summit London

Now in its 15th year the TradingTech Summit London brings together the European trading technology capital markets industry and examines the latest changes and innovations in trading technology and explores how technology is being deployed to create an edge in sell side and buy side capital markets financial institutions.

GUIDE

Entity Data Management Handbook – Fifth Edition

Welcome to the fifth edition of A-Team Group’s Entity Data Management Handbook, sponsored for the fourth year running by entity data specialist Bureau van Dijk, a Moody’s Analytics Company. The past year has seen a crackdown on corporate responsibility for financial crime – with financial firms facing draconian fines for non-compliance and the very real...