Brightwell, a defined benefit services provider, has selected Duco’s data automation platform as part of its target operating model transformation. The platform will be used in Duco’s investment operations department to replace an inflexible legacy system that was limiting the firm’s growth and will enable Brightwell to normalise data and consolidate reconciliations for FX, OTC and ETD derivatives, fixed income and cash balances as trading volumes grow. Features such as advanced filters, transaction rollup rules, conditional rules and the Data Prep module will also help Brightwell reduce the number of exceptions, allow them to build complex matching rules, and bring down the number of false positives.
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