Duco in the News: The Wall Street Journal

Duco CEO Christian Nentwich features in the following article published on 25 September 2016:

Banks Face Costly, Complex Technology Upgrades 

Even as banks build new technology in response to threats from fintech upstarts, some of their existing systems are struggling to keep up with new regulations.

By TELIS DEMOS, September 25, 2016 

Christian Nentwich, chief executive of Duco, a technology firm that works with banks to integrate disparate data feeds, said one bank he worked with “had setups where 20 to 30 systems were all touched in the life cycle of a single trade.” And many of those systems produced data in different formats, sometimes resulting in different names for the same trading partner…

The full article is available online (requires subscription): http://www.wsj.com/articles/ba…