{"id":18471,"date":"2021-11-01T02:00:00","date_gmt":"2021-11-01T02:00:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/11\/01\/singapore-based-cryptocurrency-platform-coinhako-selects-duco-to-automate-core-controls-and-support-growth\/"},"modified":"2021-11-01T02:00:00","modified_gmt":"2021-11-01T02:00:00","slug":"singapore-based-cryptocurrency-platform-coinhako-selects-duco-to-automate-core-controls-and-support-growth","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/11\/01\/singapore-based-cryptocurrency-platform-coinhako-selects-duco-to-automate-core-controls-and-support-growth\/","title":{"rendered":"Singapore-based cryptocurrency platform Coinhako selects Duco to automate core controls and support growth"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>SINGAPORE\u00a0&#8211;\u00a0<a href=\"https:\/\/www.media-outreach.com\/\">Media&#13;<br \/>\nOutReach<\/a>\u00a0&#8211; 1 November 2021 &#8211;<b> <\/b>Global provider of cloud-based data automation and reconciliation&#13;<br \/>\nservices, Duco, announced today that leading Singapore-based cryptocurrency platform,&#13;<br \/>\nCoinhako, has adopted Duco&#8217;s services to automate and control its data&#13;<br \/>\nmanagement, supporting the company&#8217;s growth plans.\u00a0 <\/p>\n<p>Coinhako is dedicated to&#13;<br \/>\nbuilding a simple and hassle-free way to access a wide variety of&#13;<br \/>\ncryptocurrencies including Bitcoin, Ethereum and Cardano, amongst others.\u00a0The&#13;<br \/>\nDuco platform will automate critical control reconciliations across all&#13;<br \/>\nbusiness lines globally to help Coinhako deal with increasing volumes in crypto&#13;<br \/>\ntrading and complexities in their business.<\/p>\n<p>&#8220;Coinhako has experienced strong growth amidst the surge&#13;<br \/>\nin interest in cryptocurrencies. Our trading volume increased more than 1,000%&#13;<br \/>\nsince the start of 2021, compared to the whole of 2020 and we currently host&#13;<br \/>\n350,000 registered users in Singapore. It is imperative for us that technology&#13;<br \/>\nand operations keep up with our business growth and that we minimize&#13;<br \/>\noperational risk. We also want to deliver the best possible service to our&#13;<br \/>\ncustomers, which means that our reconciliation processes have to be timely,&#13;<br \/>\naccurate and complete. We chose Duco because the solution is quick to&#13;<br \/>\nimplement, it can scale with us and it enables us to be agile both now and in&#13;<br \/>\nthe future&#8221;, shared Gerry Eng, co-founder of Coinhako.<\/p>\n<p>\u00a0 \u00a0 \u00a0\u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/p>\n<p>Keith Man, Head of Asia&#13;<br \/>\nPacific, added: &#8220;We are pleased to be serving the crypto community in Singapore&#13;<br \/>\nand to work with Coinhako who place such a strong emphasis on trust and data&#13;<br \/>\nintegrity across their business. Duco is seeing an accelerated adoption in the&#13;<br \/>\ncrypto space as firms seek to strengthen governance and compliance to enhanced&#13;<br \/>\nregulatory demands. Duco aims to make smart data reconciliation the standard&#13;<br \/>\nfor cryptocurrency and payments.&#8221;<\/p>\n<\/p><\/div>\n\n<br \/><a href=\"https:\/\/www.media-outreach.com\/news\/2021-11-01\/101725\/singapore-based-cryptocurrency-platform-coinhako-selects-duco-to-automate-core-controls-and-support-growth\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE\u00a0&#8211;\u00a0Media&#13; OutReach\u00a0&#8211; 1 November 2021 &#8211; Global provider of cloud-based data automation and reconciliation&#13; services, Duco, announced today that leading Singapore-based cryptocurrency platform,&#13; Coinhako, has adopted Duco&#8217;s services to automate and control its data&#13; management, supporting the company&#8217;s growth plans.\u00a0 Coinhako is dedicated to&#13; building a simple and hassle-free way to access a wide variety &hellip;<\/p>\n","protected":false},"author":1,"featured_media":18472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18471"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=18471"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/18471\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media\/18472"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=18471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=18471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=18471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}