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Request a demo
 * Solutions
   * By Sector
     * Capital Markets
     * Insurance
     * Payments & Fintech
     * Crypto
   * By Use Case
     * Cash
     * Transaction & regulatory reporting
     * Derivatives
     * Custody
     * Crypto controls
     * See all use cases
   * In Focus
     * CFTC
     * EMIR
     * MiFID II
     * T+1
 * Product
   * Unleash your data potential
     * Duco Platform
     * Data Prep
     * Reconciliation
 * Customer Stories
 * About
   * Our story
   * Our leaders
   * Our impact
 * News & Blog
 * Careers
 * Contact

 * Request a demo




DUCO FOR INSURANCE

Take control of your data and unify your operations.

Watch demo Tell me more


VISIBILITY AND CLARITY ACROSS YOUR DATA

Bring data from disparate systems and workflows together without disruption or
big projects, from cash account reconciliations to bordereaux.



Watch demo


MAXIMISE PERFORMANCE

Ensure seamless collaboration and understanding between departments. Duco brings
together and enriches data from Investment Operations, Finance, Policy
Administration and more.


ENSURE AUDITABILITY

Regulations such as IFRS 17 require you to provide a transparent view of your
data. The Duco Platform gives you control and visibility of the entire process
of aggregation, normalisation, enrichment and reconciliation.


TRUST YOUR DATA

Need to move large and complex data sets between your data warehouse and Policy
Administration System (PAS)? Want to reconcile Seriatim and Cohort data? The
Duco Platform gives fast, powerful controls to ensure the accuracy of your
mission-critical data.


HIT STRATEGIC OBJECTIVES

Duco provides crystal clear insight through data quality to drive progress
towards shared goals. Establish a single source of truth to use for everything
from targeting regulatory compliance to synchronising risk exposure.



As the leader in our field, it is important that we have robust processes in
place well ahead of the deadline for IFRS 17 compliance. We chose Duco because
they are a genuine disruptor in the reconciliation market with a reputation for
making an immediate impact. We were live within 24 hours of contract signature.

KEYVAN SHAMSA, DIRECTOR OF BUSINESS TECHNOLOGY, COFACE





USE DUCO FOR

Operations
Insurance operations
Intersystem controls
Intersystem controls

As data flows between systems, enrichment and modifications can allow errors to
creep in and propagate across your business. Reconciling this data can be a time
consuming and manual process, introducing significant operational risk and
limiting your ability to manage change effectively.

With Duco you can
Reconcile data in any format, with no pre-transformation
Use multi-pass capabilities to reconcile across multiple sources in one process
Set tolerances with no-code rules and filter out false breaks
Bordereaux
Bordereaux

Between claims and risk reporting, reinsurers, coverholders and other delegated
authorities have to manage thousands of bordereaux reports. Multiple checks are
required throughout the process, but manual checks and workarounds are often
used to manage complexity and patchy data quality. Getting it wrong can impact
everything from claims payments to risk management.

With Duco you can
Handle data in any format, with no need to pre-transform
Build reconciliations without code
Document changes automatically
Claims & payments
Claims & payments

The number of systems and data formats involved in the process can make timely
claims payments challenging. Manual workarounds are often used to overcome the
lack of standardisation, but these slow down the process and add to total cost
per claim. These same data problems and manual processes make payment matching –
both premiums and claims – even more of a challenge.

With Duco you can
Remove manual workarounds and spreadsheets
Set rule-based tolerances to filter out noise of false breaks
Speed up the payment process, reducing cost per claim
Finance
Treasury & cash
Cash account
Cash account

Cash reconciliations are a vital and mandatory control. They receive high levels
of scrutiny from regulators, and touch almost every area of your operations
department. And the nature of them means they require complicated investigations
and loads of manual work between multiple systems and stakeholders to identify
the root causes of breaks.

With Duco you can reduce complexity and increase agility without sacrificing
vital controls.
Read More
Payments & financial control
Balance sheet
Balance sheet

Trading sheets, sub-ledgers, bank statements, and manual entries all have
different formats, presenting challenges for balance sheet substantiation.
Ensuring accurate consolidated reconciliation can be a challenge when you’re
using inflexible legacy technology, or worse, manual spreadsheet reconciliations
as a workaround.

With Duco you can
Ingest, normalise and reconcile data from multiple sources without prior data
transformation
Ensure transparency and streamline compliance with built-in governance and full
audit trail functionality
Risk & Compliance
Transaction & reg reporting
Transaction & regulatory reporting (regime agnostic)
Transaction & regulatory reporting (regime agnostic)

Transaction data needs to be accurate, complete and timely, validated with
post-reporting reconciliations. And with refits, rewrites and updates on
regulations around the world, you need to ensure the flexibility to adapt those
reconciliations when you need to.

Duco gives you the flexibility to keep up with regulatory change.
Read more
Risk reporting & data integrity
Risk reporting (regime agnostic)
Risk reporting (regime agnostic)

The risk reporting environment is growing in complexity. In addition to the
challenges around risk reporting methods in annual reports, regulations like
BCBS 239 and others require timely, accurate and granular reporting of risk data
in specific formats. Organisations need to be flexible and adaptable to respond
to changing data requirements as well as to changes to the regulations
themselves.

With Duco you can
Ingest files from multiple sources in multiple formats without ETL
Eliminate spreadsheets and manual workarounds
Improve data quality and auditability
Risk data integrity
Risk data integrity

Risk teams are busier than ever in the face of a fast-changing business
landscape. As processes, systems and activities shift, the complexity associated
with compiling, normalising and reconciling risk data continues to increase.
Having confidence in your risk exposure and financial health at all times,
across all areas of risk, is vital but to do this your teams must deal with
large volumes of highly complex data, drawn from disparate sources, in varying
file formats.

With Duco you can
Ingest data without a pre-defined schema
Ditch pre-transformation
Improve match rates and get to real breaks faster
IT
Testing & migration
Data/system migration
Data/system migration

When migrating between old and new systems, you need to ensure that your data
remains accurate and complete. But frequently, errors can creep in, particularly
if you are relying on spreadsheets and existing platforms. Bad data frequently
doesn’t show itself until late in the process, when it can have the biggest
impact.

With Duco you can
Validate large amounts of disparate data that other systems can’t handle without
major transformation projects
Validate core numeric, textual and static data as well as calculated/processed
data
Lighten the impact of scoping and setup with no-code reconciliations
Reference data integrity
Reference data integrity

Without trustworthy, complete and consistent reference data, errors creep into
processes across the business and create mayhem down stream. Reference data
impacts nearly every other reconciliation and data management activity your
business does. So how do you ensure it’s right?

With Duco you can
Quickly ingest and normalise files to validate your reference data across
multiple sources
Automate workflow rules to instantly label and assign breaks
Push data to visualisation tools, data lakes, or back to upstream processes
CUSTOMER SPOTLIGHT


COFACE

Discover how Coface, the world’s leading credit insurer, used Duco to ensure
data quality and accuracy for IFRS 17 reporting.



Read More



DUCO IN NUMBERS


0 MINS

AVERAGE TIME TO SET UP A NEW RECONCILIATION


0M+

DAILY TRANSACTIONS PROCESSED


>0%

OF CUSTOMERS HAVE ELIMINATED MANUAL MATCHING


UP TO 0%

IT COST REDUCTION


THE DUCO PLATFORM FOR INSURANCE

Harness the power of the no-code, machine learning powered solutions on the Duco
Platform to reach your full data potential.




CLOUD NATIVE




MACHINE LEARNING




NO-CODE




SECURE & COMPLIANT




EASY INTEGRATION


BUILT ON THE DUCO PLATFORM


DATA PREP

A new way to gather, normalise and transform your operational data, whether
combining multiple broker records in Investment Operations or collating and
enriching policy data.

Learn more


RECONCILIATION

Fast, accurate data reconciliation in the cloud. Compare and ensure the accuracy
of everything from Seriatim data to positional data for accurate reporting and
modelling.

Learn more


SEEING IS BELIEVING

Book a 30 minute demo to see Duco in action and discover
a faster, smarter way to manage your data.

Book A Live Demo



UNLOCK THE POWER OF YOUR DATA WITH DUCO

Fill in the form to watch an extended demo of the Duco Platform in action.


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