Case Study: Top 10 Global Bank accelerates time to market and cuts onboarding costs with Duco

Top 10 Global Bank cuts onboarding costs by 70% with Duco

A top ten global bank faced significant costs and operational risks due to its over-reliance on manual processes and unsuitable legacy technology. With 1,300 reconciliations being processed manually, data quality had fallen below audit standards. The bank chose to deploy the Duco platform as part of a strategic transformation program to resolve these issues.

By implementing Duco's reconciliation tool, the bank automated thousands of processes, eliminating manual work and end-user computing. The solution reduced onboarding costs by 70%, improved straight-through processing by 20%, and accelerated time-to-market by ten times. Duco also helped remove 1,500 systemic breaks, dramatically reducing risk and exception volumes.