Thursday, November 7, 2024
21.1 C
New York

Duco names Michael Chin as new CEO as Christian Nentwich steps down

  • Duco’s New CEO: Michael Chin has been appointed as the new CEO of data automation firm Duco, effective from January 23, 2024.
  • Leadership Transition: Chin will succeed Christian Nentwich, the founder of Duco, who served as CEO for almost 14 years; Nentwich will continue to be part of the company’s board of directors.
  • Leadership Qualities: Nentwich describes Chin as an “experienced operator” and expresses confidence that Chin will elevate the company to the next level.
  • Track Record: Duco highlights Chin’s extensive experience in scaling fintech growth companies and expanding product capabilities.
  • Company Vision: Chin’s role as CEO involves driving Duco, a UK-headquartered firm, to “reach its full potential” in the financial services industry.
  • Chin’s Background: Before joining Duco, Michael Chin served as the CEO of Broadway Technology, a US-based front-office fintech solutions provider, and assumed the role of company head after its acquisition by Bloomberg in October of the previous year.
  • Duco’s Services: Founded in 2010 and acquired by Nordic Capital in 2021, Duco offers a no-code platform for data preparation, reconciliation, data quality, and management in financial services, aiming to replace traditional spreadsheets and legacy systems.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

FE Fundinfo Acquires Matterhorn to Enhance AIFMD Reporting Services

FE Fundinfo has acquired Matterhorn Reporting Services to...

Konsentus Chosen to Drive Open Banking API Standards for Bank of Namibia

UK-based regtech Konsentus has been selected by the...

Monument Technology Appoints New CTO and CCO to Strengthen BPaaS Offerings

Monument Technology, a UK-based provider of Banking-Platform-as-a-Service (BPaaS)...

AI co-pilot solution Reflexivity raises $30m Series B led by Greycroft and IBKR

Funding Round: Reflexivity raised $30 million in a...

Related Articles

Popular Categories

spot_imgspot_img