Duco provides a no-code, AI-powered platform for automating the lifecycle management of both structured and unstructured data across financial services operations. By significantly reducing the time spent on data-related tasks by up to 90%, Duco enables firms to cut costs, enhance operational efficiency, and improve data accuracy.
Funding
Funding not disclosed
Founders
Product
Problem
Financial services firms spend significant time and resources on manual data management tasks across various operations, leading to increased costs, operational inefficiencies, and potential data inaccuracies. Managing both structured and unstructured data formats compounds these challenges.
Solution
Duco offers a no-code, AI-powered platform designed to automate the lifecycle management of structured and unstructured data for financial services companies. The platform empowers business users to automate data extraction, classification, transformation, reconciliation, validation, exception management, and publication to downstream platforms. By leveraging AI, Duco reduces the time spent on data-related tasks by up to 90%, enabling firms to cut costs, enhance operational efficiency, and improve data accuracy. The platform consolidates enterprise data, regardless of format, onto a single platform, allowing firms to decommission expensive legacy systems.
Target Audience
Duco primarily targets finance and operations teams within financial services firms seeking to automate data management processes, reduce operational costs, and improve data accuracy.
Features
- No-code interface enabling business users to build automation processes without IT involvement
- AI-powered automation of complex and repetitive tasks such as data entry, validation, and root cause analysis
- Support for both structured and unstructured data, including spreadsheets, PDFs, emails, and images
- End-to-end automation across process lifecycles to enhance time to market and increase operational efficiency
- Cloud-based platform providing agile updates, training, support, and upgrades
- Secure and governable deployment of GenAI, machine vision, and statistical methods with SOC 2 and ISO 27001 certifications