JBWere NZ settles on Duco platform

JBWere NZ settles on Duco platform
Duco’s platform will automate its cash and asset reconciliations. (Image: Getty)
Staff reporters
JBWere NZ has picked London-headquartered data automation firm Duco’s platform to automate its cash and asset reconciliations to support the wealth management firm’s local growth and improve its control environment. The NZ branch of the National Australia Bank-owned firm will use Duco to reconcile cash and securities held with its sub-custodians, share registries and banks. JBWere NZ previously processed those using individual spreadsheets. JBWere NZ said it picked Duco because it can quickly build reconciliations without...