SINGAPORE – Media OutReach – 1 November 2021 – International supplier of cloud-based knowledge automation and reconciliation companies, Duco, introduced immediately that main Singapore-based cryptocurrency platform, Coinhako, has adopted Duco’s companies to automate and management its knowledge administration, supporting the corporate’s development plans.
Coinhako is devoted to constructing a easy and hassle-free approach to entry all kinds of cryptocurrencies together with Bitcoin, Ethereum and Cardano, amongst others. The Duco platform will automate vital management reconciliations throughout all enterprise strains globally to assist Coinhako cope with growing volumes in crypto buying and selling and complexities of their enterprise.
“Coinhako has skilled robust development amidst the surge in curiosity in cryptocurrencies. Our buying and selling quantity elevated greater than 1,000% for the reason that begin of 2021, in comparison with the entire of 2020 and we presently host 350,000 registered customers in Singapore. It’s crucial for us that know-how and operations sustain with our enterprise development and that we decrease operational threat. We additionally need to ship the very best service to our prospects, which signifies that our reconciliation processes must be well timed, correct and full. We selected Duco as a result of the answer is fast to implement, it will possibly scale with us and it permits us to be agile each now and in the longer term”, 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 knowledge integrity throughout their enterprise. Duco is seeing an accelerated adoption within the crypto area as companies search to strengthen governance and compliance to enhanced regulatory calls for. Duco goals to make sensible knowledge reconciliation the usual for cryptocurrency and funds.”
Duco, a number one knowledge automation firm, helps companies to unleash their potential by eradicating the friction round knowledge. Duco’s cloud-based, no-code platform brings collectively knowledge high quality, reconciliation, knowledge preparation and administration, giving companies the instruments they should improve enterprise agility, cut back threat, 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 embrace international banks, funding managers, insurance coverage companies and challenger Fintech corporations, resembling Societe Generale, ING, Man Group and BlockFi. For extra data go to www.du.co
Based in 2014, Coinhako is Singapore’s main digital property pockets service supplier and one of many longest-standing platforms within the Asia Pacific area. Established by trade consultants Yusho Liu and Gerry Eng, Coinhako goals to offer easy accessibility to digital property like Bitcoin and different cryptocurrencies in Asia. Headquartered in Singapore, the agency is backed by outstanding buyers resembling Tim Draper and Josh Jones in addition to established enterprise capital companies resembling Enhance VC.