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Payments General

Societe Generale agrees to deploy Duco's platform

Thursday 11 October 2018 | 01:21 PM CET

UK-based data management company Duco has partnered with Societe Generale to deploy its software-as-a-service platform across the banking group.

Societe Generale will use Duco’s platform to automate key reconciliation processes across all business areas, aiming to improve 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 the capital markets business, to support its trade execution and clearing services..

Also, Societe Generale recently acquired core banking, ID verification and card supplier Treezor, subject to approval by the French regulator ACPR.

More: Link
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