Upgrade your risk data infrastructure

Ensure fast access to accurate, timely data to better identify and manage risk.

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Accuracy across all risk data

1

Quickly ingest and transform high volume risk data from multiple systems in multiple formats.

2

Unlock greater visibility of your risk exposure with a granular view of your data.

3

Ensure only golden source data is fed into risk and reporting systems.

4

Total transparency from start to finish with a full audit log.

5

Push clean, normalised risk data into downstream reporting and analytics tools.

A unified, agile approach to managing risk data

Take control of your risk data and unlock faster and more accurate modelling and reporting. Quickly adapt to current and future regulations with an agile solution that empowers you to easily source and enrich your risk data.

Empower your risk experts to build data controls - without code

Eliminate error-prone spreadsheets and manual work

Automate your processes for frictionless workflow

Cut the costs and time associated with managing risk data

Overcome compliance challenges related to data quality

Rapidly deploy new data controls to adapt fast to regulatory changes

Use Duco for

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. Firms need to confidently monitor risk exposure and financial health at all times, across all areas of risk. But to do this teams must deal with large volumes of highly complex data, drawn from disparate sources, in varying file formats.

Duco is a highly flexible system built for agility. Unlike traditional data integrity systems it does not have a predefined schema that the data needs to conform to. You simply upload your risk data and Duco will adapt to it. This means risk teams can pull data from multiple disparate sources, normalise it, and then rest assured that the data is clean as it flows downstream through risk and reporting systems.

BCBS 239

BCBS 239

In the latest 2020 BIS progress report on the “Principles for effective risk data aggregation and risk reporting” it states that zero banks are fully compliant with BCBS 239 standards. According to the report, banks need to devise “comprehensive solutions to address data quality issues rather than seeking a fix via more tactical or ad hoc solutions”.

Duco represents a strategic solution that banks can use to help conform to the BCBS 239 data quality standards. With our flexible technology you can ingest, clean and normalise risk data from multiple source systems, in multiple formats and types, with little or no prior transformation. This means firms can eliminate manual and spreadsheet based data validation processes, improve data integrity, improve transparency for audit purposes, and ensure no data errors slip through the cracks.

IBOR transition

IBOR transition

For more than 40 years, the financial services industry has been underpinned by interbank offered rates (IBOR) – but this is set to change. The IBOR benchmark is being phased out by the UK and US, to be replaced by alternative reference rates (ARR) by the end of 2021. Many other nations are expected to follow suit.

Duco’s next generation data integrity platform can be quickly deployed to help Capital Markets firms identify, extract and process the information they need – and ensure a smoother transition from IBOR to ARR. For more information, download our guide.

Agile risk management without compromising on accuracy

Having data you can trust is key to providing your firm with more accurate risk models and enhanced visibility. This gives you the agility you need to react quickly to changing market conditions.

Duco in Numbers

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Average time to set up a new reconciliation

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Daily transactions processed

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Of customers have eliminated manual matching

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IT cost reduction

THE DUCO PLATFORM FOR RISK

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

Cloud native

Cloud native
Machine learing

Machine learning
No-code

No-Code

Secure & compliant

Easy integration

Built on the Duco Platform

Data Prep

A new way to gather, normalise and transform your risk data for faster.

Reconciliation

Quickly ensure the accuracy of your risk data in the cloud.

Unlock the power of your data with Duco

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