Mark Beeston joins board of reconciliation startup Duco as chairman

Source: Duco

Duco, provider of the hosted, on-demand reconciliation service Duco Cube, today announced that it has appointed Mark Beeston as Chairman.

Christian Nentwich, CEO and Founder of Duco comments, "We are delighted to have Mark join our board as he brings many years of experience and knowledge from the global capital markets, investment banking, broking and fintech industries. Along with the rest of the board and management team I know Mark will add significant value in the next stage of growth for Duco."

"Having been part of the original investment team from ICAP I am delighted that the management and board of Duco have asked me to return to the board as Chairman of this very dynamic company" said Mark Beeston, the CEO and founder of Illuminate Financial Management, adding "Duco have just reached that inflection point where they are really starting to make an impact on the world of reconciliation and static data and we have lots of exciting opportunities ahead of us."

Mark Beeston established Illuminate Financial Management in February 2014. Mark spent the prior four years at ICAP where he was a Chief Executive Officer for ICAP's post-trade risk business. Before ICAP Mark spent four years as President of T-Zero (now ICELink), a subsidiary of Creditex Group Inc (now ICE). Mark's career began with 13 years at Deutsche Bank.

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