Duco

Duco is a data management platform designed to streamline and optimize reconciliation, data quality, and regulatory reporting processes. It caters to businesses of various sizes, from small startups to large enterprises. Duco is widely used by professionals and industries in the financial services, banking, insurance, capital markets, and payments & fintech sectors.

Key Features

Flexible Data Ingestion: According to the vendor, Duco provides a flexible data ingestion capability that allows users to gather and import operational data from various sources, systems, formats, and file types. This enables seamless integration and consolidation of data without the need for complex coding or scripting.

No-Code Data Normalisation: The vendor claims that Duco's no-code data normalisation feature allows users to transform and standardize their operational data. Users can define rules and configurations to automatically normalize data across different systems and formats, reducing manual effort and aiming for accuracy.

Best-in-Class Data Matching: Duco's data matching feature enables users to compare and reconcile large volumes of data with high accuracy, as claimed by the vendor. The advanced matching algorithms and rule-based tolerances help identify and resolve data discrepancies and breaks. Custom matching rules and tolerances can be set up to meet specific reconciliation requirements.

Machine Learning Powered Automation: According to the vendor, Duco leverages machine learning technology to automate complex and repetitive data management tasks. The platform's machine learning algorithms enable intelligent data processing, normalization, and matching. Users can automate data reconciliation, quality checks, and regulatory reporting processes, aiming to improve efficiency and reduce manual effort.