Penguin Securities, a leading Singapore-based financial services provider, has selected Lukka, the global crypto asset software and data provider. Leveraging on Lukka’s expertise, Penguin Securities optimizes its overall operational efficiency of its asset valuation and reporting.
This strategic move aligns with Penguin Securities’ mission to deliver high -standards of operational excellence in financial services by integrating Lukka’s advanced technology into its operations.
“Lukka has proven to be an invaluable asset, allowing us to transform our valuation workflows with precision and efficiency, allowing us to scale our operations, as a trusted partner in the digital asset space,” said Simon But, Head of Finance and Accounting at Penguin Securities. “Their deep understanding of our business needs and tailored solutions have significantly improved our processes, enabling us to focus on delivering exceptional value across key aspects of our operations.”
This decision addresses critical priorities for Penguin Securities, particularly as it expands its footprint in the financial services sector. Lukka’s comprehensive suite of solutions, including enterprise data management software and valuation services for structured derivatives., has been seamlessly integrated into Penguin Securities’ operations. This integration has led to streamlined processes, improved accuracy in asset valuation and reporting, enhanced reconciliation procedures, and strengthened regulatory compliance and auditability.
“This engagement strengthens Penguin Securities’ position within the financial services sector, setting a prominent benchmark for technology-driven operational efficiency and accuracy. As the industry evolves, adopting advanced solutions like Lukka’s will be crucial in maintaining trust, ensuring compliance, and driving growth through innovation and continuous improvement,” said Dan Huscher, Chief Data Product Officer at Lukka.
