Global data control services provider, Duco, said it is partnering up with Société Generale Bank & Trust (SGBT), a wholly owned subsidiary of Société Generale based in Luxembourg, in a deal under which SGBT is adopting the Duco Cube, a self-service data control platform, to automate a number of key processes, including securities, cash and internal system-to-system reconciliations.

Yves Dupuy, chief information officer at SGBT said, "Duco Cube represents a new, transformative approach to data management and control that aligns with our forward-thinking culture. With Duco Cube, we can set up and automate a variety of processes with ease, without major development projects. The technology also introduces an additional degree of control, transparency and auditability across our business."

"We are very pleased to be working with Societe Generale, who have a track record of sponsoring innovation initiatives," said Christian Nentwich, CEO of Duco. "This agreement is significant as it proves our cutting-edge technology, provided through Software as a Service, can transform data control processes at organisations such as SGBT. It is also the next step in Duco’s global roll-out, providing an additional option for our customers in the Eurozone."