Sold by: DucoÂ
Duco is the partner of choice for COOs of financial institutions aiming to significantly reduce their operational cost base and solve major data quality and workflow challenges.
We empower finance and operations teams to automate their mission-critical data processes by leveraging AI and a true no-code model.
Business users get one intuitive platform to automate the front-to-back processing of all structured and unstructured data throughout its lifecycle. The platform automates work such as data extraction and classification, data preparation, validation, reconciliation, exception management and publication to downstream platforms to improve time-to-value, aid compliance and raise staff satisfaction.
Overview
AUTOMATE YOUR BUSINESS OPERATIONS AT AN ENTERPRISE LEVEL
Duco was built for organisations that need to automate their mission-critical data processes, using AI to eliminate repetitive tasks, streamline operations and improve data quality. Duco's open, modular platform reduces the complexity of operations and finance teams' technology stack and provides a seamless experience, from consuming data through to the publishing to downstream systems.
Key features
- Flexible extraction: structured or unstructured data - data & format agnostic.
- Data prep: transform, normalise and enrich in platform, without a separate ETL platform.
- Reconciliation: best-in-class match rates, automated setup and exception management, easy-to-use interface.
- AI powered to automate complex and repetitive tasks like entry, validation and root cause analysis with high accuracy.
- In-platform MI, export MI to visualisation tools, further processes or reporting.
Key benefits
- Fast set up, and fast time to value: live in 24 hours, results in 30 days, ROI in year one.
- No-code: business users can build automation themselves by writing plain English rules. No requirements documents, no waiting on IT projects. It's up to 85% faster to create processes, and up to 90% faster to run them on Duco.
- Data agnostic, flexible, schema-free model adapts quickly to changing requirements.
- 100% cloud based. You get an agile platform, with all training, support and upgrades included. Our SaaS model allows us to seamlessly deliver updates and new features. Buy Duco, get continuous innovation as standard.
- Fully auditable: parameters self-documenting, role-based permissions.
- Duco customers are saving millions by consolidating and automating their enterprise data. Our flexible platform enables them to decommission expensive legacy systems for huge savings.
Trust and security
- Native SaaS cloud, trusted for over a decade by the largest financial institutions globally.
- The secure, governable way to deploy the latest in GenAI, machine vision and statistical methods without compromising on confidentiality or control.
- ISO 27001 and SOC 2 Type 2 certified.
Impact
- Our clients have seen a 60-80% reduction in carbon emissions from their reconciliation processes compared to on-premises technology.
Highlights
- Duco allows operation and finance teams to transform their operating model with end-to-end automation of all enterprise data, whether spreadsheets, PDFs, emails, image, on a single platform.
- Business users can build automation themselves, without IT. It's up to 85% faster.
- Duco allows to transform, normalise and enrich data without a separate ETL platform.
Details
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Delivery method
Deployed on AWS
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Features and programs
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Pricing
Pricing is based on the duration and terms of your contract with the vendor, and additional usage. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. Usage-based pricing is in effect for overages or additional usage not covered in the contract. These charges are applied on top of the contract price. If you choose not to renew or replace your contract before the contract end date, access to your entitlements will expire.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
Dimension | Description | Cost/12 months |
|---|---|---|
License & Processing Cost | Includes daily ingestion of 100K records and 50 process inputs. | $80,000.00 |
Dimension | Description | Cost/unit |
|---|---|---|
Volume Increases | Metered increases every 100K records daily up to 500K and 50 process inputs until 250. | $40,000.00 |
Vendor refund policy
All fees are non-cancellable and non-refundable except as required by law.
Legal
Vendor terms and conditions
Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA)Â .
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Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
Support
Vendor support
Duco's Sandbox Pack includes 25 users on the Duco Platform, daily ingestion of 100K records, 50 process inputs, 200 maximum number of processes, and process concurrency of 2. On top of data ingestion and reconciliation features, Duco's Sandbox Pack includes Data Prep, exception management, as well as rules-based workflow automation.
The following is also included:
- Environment Setup
- 4 hours of Professional & Implementation Services (restricted to 1-month from date of purchase)
- Access to online Duco Academy and Help Center
- Basic Duco Training Program
Note that all flat file ingestion will be included in the Sandbox Pack, however, some of the standard XML or SWIFT ingestion Duco provides will not be available in the Sandbox environment. To confirm if the product and features is right for your needs, feel free to contact us here: https://du.co/contact/Â .
Duco is a no-code SaaS platform that can be up and running within a day of contract signature. All Duco requires for set-up is the client's IP addresses and user accesses. Duco clients have a dedicated customer success executive and all clients receive training from Duco. Duco additionally has certification courses complete with an exam on how to be proficient on the platform: https://support.du.co/hc/en-us/categories/360002087434-Get-CertifiedÂ
Contracted Duco clients can additionally reach out to: support@du.coÂ
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
Customer reviews
0 ratings
0 AWS reviews
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3 external reviews
Star ratings include only reviews from verified AWS customers. External reviews can also include a star rating, but star ratings from external reviews are not averaged in with the AWS customer star ratings.
Sonika T.
Duco Review
Reviewed on Nov 24, 2022
Review provided by G2
What do you like best about the product?
Primarily useful for Bulk data. Data Reconciliation and validation by applying specific data rules. Easy access as Data storage is cloud-based. Banking based data can be used.
What do you dislike about the product?
There are many other alternatives in the Market for this tool. It's pretty less used, and hence AI is still adapting.
What problems is the product solving and how is that benefiting you?
Data validation by applying rules.
Clean data for target reports.
Reconcile.
Banking
Clean data for target reports.
Reconcile.
Banking
Pooja Y.
Data quality & reconciliation tool
Reviewed on Oct 26, 2022
Review provided by G2
What do you like best about the product?
It helps normalize, validate, and reconcile any data on the cloud.reconcile anything in just few hours empower your people enable your finance.
What do you dislike about the product?
As this is machine learning app this also stuck sometime which get delayed to find the results.
What problems is the product solving and how is that benefiting you?
Duco simplified data and make it easy and help us by reconciling them.amytging in just few hours.
Investment Banking
DUCO, validate Cloud Data
Reviewed on Oct 17, 2022
Review provided by G2
What do you like best about the product?
The ability to transfer data to spreadsheets, CSV, SWIFT, FIXML automatically and remotely, allowing you to use data management presets in a cloud-based system.
What do you dislike about the product?
Sometimes it is difficult to manage the input of elements to normalize through data from multiple flat files. The language itself is sometimes not very intuitive.
What problems is the product solving and how is that benefiting you?
Duco with its machine learning engine, can speed up some configuration and help in the analysis of our data and at the same time give interesting suggestions, minimizing actions and saving time.