Case Study: Global Investment Bank achieves greater data integrity and lower costs with Duco

How a global tier one bank uses Duco to elevate data integrity, cut overheads and reduce risk

Global Investment Bank partnered with Duco to tackle data quality and operational inefficiencies caused by manual reconciliations, legacy systems, and end-user developed applications. The bank needed a faster, more flexible, and scalable way to manage reconciliations across multiple locations and reporting jurisdictions.

Using Duco’s cloud-based data integrity platform, the bank consolidated reconciliations from 1,100 to 500, automated 200 manual processes, and reduced onboarding costs from over $50,000 per reconciliation to under $5,000. Duco also cut onboarding time from weeks to hours, eliminated hundreds of legacy/manual reconciliations, and improved visibility, standardization, and control across operations.