NEX Group’s Opportunities fund participates in $28 million round by fintech cloud company Duco

NEX Group’s Opportunities fund participates in $28 million round by fintech cloud company Duco

Duco, the data engineering technology company, today announced the completion of a $28m investment round by Insight Venture Partners, NEX Opportunities, a NEX Group (LON:NXG) business, and Eight Roads Ventures. The round also includes an investment by lifetime entrepreneur and former CEO of SunGard, Cristóbal Conde. NEX and Duco already cooperate with NEX using Duco’s Cube as part of its MiFID reporting solution. 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. The company has seen rapid […]

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