USE CASE
Holdings & activity:
Securities
Having confidence in your positions and spotting trade fails early is vital to almost everything you do. Trade fails happen, but even with a low estimate of 2% of trades failing, the value of these errors can be in the millions and can result in significant operational challenges as well as penalties.
Not being able to spot fails quickly means problems persist, more trades are executed incorrectly, and risk is carried for longer.
How Duco adds value
- Duco’s powerful matching engine improves match rates out of the box
- No-code means business users can set up reconciliations, complete with automated labelling and workflows, in a matter of days - without large IT projects
- Eliminate upgrade costs and the proliferation of point solutions while reducing time to market and setup costs for new products
CHALLENGE
Lack of standardisation
Varying data quality from counterparties can lead to manual work normalising and transforming data to even get to the point where a recon can be run. Particularly where SWIFT adoption isn’t strong.
GAIN FLEXIBILITY AND EFFICIENCY
Natural Rule Language helps you manage messy or complex data. Easily transform and reconcile data with little to no manual intervention. And late data stops being a problem – automated snapshot runs can be set to run as data comes in. You’ll get fewer false breaks and can get to investigations faster.
CHALLENGE
Clunky workflows
Daily workflows, from initial integrity checks to exception management, can be clunky and time-consuming with legacy solutions.
FLEXIBLE, AUTOMATED WORKFLOW ADAPTS TO YOUR PROCESSES
Automated workflows are simple in Duco. “If break is x then do y”. Labelling, assigning investigators, commenting are all done quickly and can be done in bulk. You define your best practices and build workflows that follow them.
CHALLENGE
Complex regulatory landscape
Initiatives like T+1 are requiring faster transaction settlement, while CSDR is upping reporting and information requirements and penalising trade fails. Existing systems and manual workarounds are unlikely to be able to cope with one very well, let alone both.
DUCO PROVIDES THE AGILITY TO BE BOTH FASTER AND BETTER
Duco’s best-in-class matching engine, easy rule setup and automated exception management helps ensure faster reconciliations and ultimately better data. Meet tight deadlines without sacrificing controls.
Seeing is believing
Book a 30 minute demo to see Duco in action and discover
a faster, smarter way to manage your data.