JBWere NZ is a leading New Zealand wealth manager. They chose the Duco platform to aggregate and automate cash and asset reconciliations to support the firm’s growth and strengthen their control environment.
JBWere NZ use the Duco platform for cash and securities reconciliations between their sub-custodians, share registries and banks. Previously they would do this process using individual spreadsheets split by registry, sub-custodian and market.
These legacy processes made it time consuming for the firm to reconcile transactions across multiple financial counterparties each day.
JBWere NZ ultimately chose Duco as business users can quickly build reconciliations without code and without the need for a technology team to support it.
Duco has invested heavily in Asia-Pacific in order to provide the first-class support and service our customers in the region should rightly expect from a global vendor. We’re thrilled to be part of JBWere NZ’s growth story, and to be working with them to build out the Duco user community in New Zealand over the course of our partnership.