DKK Partners, an emerging markets (EM) foreign exchange (FX) liquidity provider, has announced a major global expansion as the company’s revenues surpass £63m – up from £3m the previous year.
The record growth, fuelled by high demand for DKK’s suite of services, including FX risk management, access to deep liquidity pools, and local collections, will see four new offices opened overseas in the Middle East and across Pan Africa in addition to the company’s headquarters in Mayfair, London. As well as the opening of new local offices, the team has increased its headcount from five to 15 fulltime staff, unveiled a new brand identity and announced with plans for further senior hires and local country managers in the coming months.
DKK, founded by capital markets specialist Khalid Talukder, previously of UBS, Citi & Deutsche Bank, and Dominic Duru of RBS and Citi, enables businesses to manage currency risk in frontier markets.
Key services include offering virtual IBAN accounts, allowing customers to unlock access to new territories and currencies, as well as EM liquidity, giving direct access to
real-time pricing and execution across of frontier, emerging and G10 market currencies.
Dominic Duru, Co-founder of DKK Partners comments:
“It’s been an incredible year for our business, and with demand for our services surging, the time has come to open one-the-ground offices across key territories to give customers direct access to the very best consultancy. As we enter a new cycle of growth, we’re planning to make major investments in our platform, products and services as well as hire seasoned industry experts to further develop and grow our brand. Being of African heritage I am honoured to be able to give something back pushing our economic inclusion philosophy within emerging markets which are dear to DKK’s values”
About DKK Partners
Founded in 2020 by Dominic Duru and Khalid Talukder, DKK Partners is an emerging markets (EM) FX liquidity provider with revenues in excess of £60m.
At DKK with our years of experience within emerging markets within foreign exchange, we develop strategies and methodologies that help corporates and institutions more effectively manage currency risk and develop sharp pricing.
As specialists in our field, we focus on three key areas: FX risk management, FX liquidity, and local collections. Our exact solutions will vary depending on your circumstances, but the quality of our approach can be seen by working with us.
What other firms call deals, we call solutions. In every situation, we work with our clients to understand their business needs and provide ideas that help power growth.