Duco

Overview

Duco is a UK-based company established in 2010, operating within the Business Services sector, specifically focusing on Custom Software and IT Services. With a workforce of between 201 and 500 employees, the company reported a revenue of approximately $70.97 million. Duco specializes in data automation solutions, particularly for the financial services industry. Its platform is designed to streamline and standardize operations involving mission-critical data, particularly in middle- and back-office functions. A case study highlighted in a recent document illustrates how a financial institution utilized Duco's cloud-based automation platform to enhance its reconciliation processes, particularly for high-risk transactions in less-standardized asset classes like derivatives and commodities. By replacing manual processes and disparate systems with Duco's no-code platform, the institution aimed to reduce risks and improve efficiency in data management and reconciliation workflows. The focus on automating operations and establishing best practices for data-centric models underscores Duco's commitment to addressing the complexities of data handling in capital markets.

Industry