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SocGen Adopts Duco Reconciliation Tech
Societe Generale (SG) plans to deploy Duco’s enterprise software as a service (SaaS) platform across its business as one of its primary reconciliation and data control systems. SG will use Duco’s platform to automate key reconciliation processes across all business areas, dramatically improving efficiency compared to legacy systems and spreadsheet-based processes. Estelle Letribot, global head of reconciliation post-trade in SG global banking and investor solutions, says: “Innovation and digital transformation are core to Societe Generale’s strategy, both internally and for our clients. By working with Duco, we have an opportunity to reinvent our operations, introducing agility, automation and machine learning in a function that has traditionally proved very expensive and time consuming.”

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