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SINGAPORE – Media OutReach – 1 November 2021 – International supplier of cloud-based information automation and reconciliation companies, Duco, introduced as we speak that main Singapore-based cryptocurrency platform, Coinhako, has adopted Duco’s companies to automate and management its information administration, supporting the corporate’s progress plans.
Coinhako is devoted to constructing a easy and hassle-free option to entry all kinds of cryptocurrencies together with Bitcoin, Ethereum and Cardano, amongst others. The Duco platform will automate important management reconciliations throughout all enterprise traces globally to assist Coinhako cope with growing volumes in crypto buying and selling and complexities of their enterprise.
“Coinhako has skilled sturdy progress amidst the surge in curiosity in cryptocurrencies. Our buying and selling quantity elevated greater than 1,000% because the begin of 2021, in comparison with the entire of 2020 and we at the moment host 350,000 registered customers in Singapore. It’s crucial for us that know-how and operations sustain with our enterprise progress and that we reduce operational danger. We additionally need to ship the very best service to our clients, which signifies that our reconciliation processes should be well timed, correct and full. We selected Duco as a result of the answer is fast to implement, it could scale with us and it permits us to be agile each now and in the long run”, shared Gerry Eng, co-founder of Coinhako.
Keith Man, Head of Asia Pacific, added: “We’re happy to be serving the crypto neighborhood in Singapore and to work with Coinhako who place such a robust emphasis on belief and information integrity throughout their enterprise. Duco is seeing an accelerated adoption within the crypto area as corporations search to strengthen governance and compliance to enhanced regulatory calls for. Duco goals to make good information reconciliation the usual for cryptocurrency and funds.”
About Duco
Duco, a number one information automation firm, helps companies to unleash their potential by eradicating the friction round information. Duco’s cloud-based, no-code platform brings collectively information high quality, reconciliation, information preparation and administration, giving corporations the instruments they should enhance enterprise agility, scale back danger, keep compliant with regulation and dramatically enhance effectivity. Over 10,000 customers throughout 30+ international locations course of billions of knowledge information each week utilizing the platform. Duco is headquartered in London, with places of work in New York, Edinburgh, Wroclaw and Singapore. Prospects embody world banks, funding managers, insurance coverage corporations and challenger Fintech firms, equivalent to Societe Generale, ING, Man Group and BlockFi. For extra info go to www.du.co
About Coinhako
Based in 2014, Coinhako is Singapore’s main digital belongings pockets service supplier and one of many longest-standing platforms within the Asia Pacific area. Established by business consultants Yusho Liu and Gerry Eng, Coinhako goals to offer quick access to digital belongings like Bitcoin and different cryptocurrencies in Asia. Headquartered in Singapore, the agency is backed by outstanding buyers equivalent to Tim Draper and Josh Jones in addition to established enterprise capital corporations equivalent to Enhance VC.
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