Tag: Cristóbal Conde

Cristóbal Conde

Duco Secures $28m Investment

Duco, a data engineering technology company, has completed a $28m investment round by Insight Venture Partners, Nex Opportunities and Eight Roads Ventures. The round also includes an investment by entrepreneur and former CEO of SunGard, Cristóbal Conde.

Duco provides technology that enables banks, brokers, asset managers and exchanges to normalise, validate and reconcile any type of data in Duco’s cloud, providing firms with on-demand data integrity and insight.

Duco says that it will use the investment to expand its global footprint, with headcount growth in Europe and the US, the launch of an Asia office and an expansion of its product set.

Conde Named as Duco Advisor

Duco, a provider of self-service data normalisation and reconciliation services, has announced that Cristóbal Conde has joined as an advisor to the CEO and board of directors. Conde had a 24-year career at SunGard, culminating in him running the firm as CEO, building it into a Fortune 500 company and making it the largest privately-held software and services company in the world. He is currently an advisor and non-executive director at several technology firms challenging the status quo, including OpenGamma, Digital Asset, Callsign and Digital Reasoning.