A cloud-based financial reconciliation platform with automated matching and a no-code rules engine.
Product Overview
Duco is a cloud-based reconciliation software that aims to make the process more efficient and simple. It helps organizations automatically match and reconcile both structured and unstructured data from all different types of sources and formats without needing IT. Rules are configured using no-code controls, helping users set them up themselves without coding.
It also has AI-automated matching engines that can help predict match fields and false breaks. The system has audit trails, ingegration with BI tools, and exception management workflows.
Pros
- AI-powered automation for less reconciliation breaks
- No-code rules builder
- Transparency with audit trails and exception workflows
Cons
- Steep learning curve for new users
- Complex reconciliations can still take days or weeks
Target Market
Organizations that require fast and accurate financial reconciliation, such as financial institutions and payment service providers.Key Features
The features of Duco include:
Data Intake
Duco enables ingestion and normalization of data from multiple flat files without coding, including CSVs, images, and PDF files. Users can load data with minimal transformation and begin building reconciliations quickly using the Natural Rule Language.
AI Features
- Adaptive Intelligent Document Processing (IDP): Lets you extract from unstructured inputs like images and emails. The AI learns context and improves as you use it.
- Agentic Rule Builder: Lets you input plain English prompts, and it translates them into flexible rules that are reviewable. This can reduce tasks like data mapping, matching, and exception management.
Workflow Automation
Automated features help reduce repetitive work and accelerate exception handling. Processes can be connected to gain broader insights, and rules can be defined to categorize and automatically allocate exceptions.
Data Visibility and Control
The platform consolidates up to ten years of cleansed and normalized operational data. This unified view supports better decision-making and enables code-free integrations with tools like Tableau and Power BI.
Duco Target Market
- Banks
- Brokers
- Asset Managers
- Fund admin and custody
- Service providers and exchanges
Product Overview
Developer Overview
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User Reviews of Duco
Write a Review
their sales staff still keeps on spamming us
Their approach to not taking no for an answer is overshadowing everything
Pros
After we decided to go for another solution, their sales staff still keeps on spamming us. It's like getting a virus spamming emails.
Cons
Their sales team
Duco Review
Duco represents a new, transformative approach to data management and control that aligns with our forward-thinking culture.
Duco Review
Duco enables us to quickly and efficiently put controls in place, without incurring big technology cost or capital expenditure in the process.
Duco Review
Duco does a lot of the legwork that would have been previously been done manually, saving us time on a daily basis and reducing operational risk.
