Case Study: JBWere NZ automates reconciliations and strengthens controls with Duco

JBWere NZ automates cash and securities reconciliations with Duco

JBWere NZ, a leading New Zealand wealth manager, faced a challenge with time-consuming and manual reconciliation processes. Their daily cash and securities reconciliations between sub-custodians, share registries, and banks were managed through individual spreadsheets, which was inefficient and hindered growth. They chose the Duco platform to automate these controls and strengthen their operational environment.

The solution from Duco provided a powerful, flexible, and no-code software that allowed the Operations team to build and own automated reconciliations without IT support. This enabled JBWere NZ to quickly identify and categorize breaks, making the process sophisticated, scalable, and auditable. Duco's implementation empowered the business users, providing them with agility and a robust framework to support the firm's continued growth.

JBWere NZ