Case Study: Brightwell achieves streamlined derivatives and cash reconciliations with Duco

Brightwell reduces reconciliation exceptions and consolidates cash and derivatives processes with Duco

Brightwell, a defined benefit pension provider, faced challenges with an inflexible legacy system that limited growth and could not handle the variety and volume of data in its Investment Operations department. To support its target operating model transformation, Brightwell partnered with Duco to automate and consolidate its derivatives and cash reconciliations.

Using the Duco data automation platform, Brightwell normalized its data and consolidated reconciliations for FX, OTC and ETD derivatives, fixed income, and cash balances. This provided greater control, auditability, and scalability. The solution allowed Brightwell to combine formerly separate reconciliations into single, automated processes, significantly reducing exceptions and false positives and positioning the firm to support its multi-client growth strategy.

Brightwell