du.co
Open in
urlscan Pro
141.193.213.21
Public Scan
Submitted URL: https://t.du.co/t/107630/c/a0f9d9ce-34af-4acb-9701-81a780c72442/NB2HI4DTHIXS6ZDVFZRW6L3TN5WHK5DJN5XHGL3JNZZXK4TB...
Effective URL: https://du.co/solutions/insurance/?sbrc=1231cDzx2orTy8IHgTWQ6pQ%3D%3D%24OJ4Vgr-WmslWndKNQCAT6w%3D%3D
Submission: On January 03 via api from US — Scanned from DE
Effective URL: https://du.co/solutions/insurance/?sbrc=1231cDzx2orTy8IHgTWQ6pQ%3D%3D%24OJ4Vgr-WmslWndKNQCAT6w%3D%3D
Submission: On January 03 via api from US — Scanned from DE
Form analysis
0 forms found in the DOMText Content
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 * 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. We’re committed to your privacy. Duco will only use the information you provide to contact you about our relevant content, products, and services. You can unsubscribe from our communications at any time. More information is available in our Privacy Policy. LONDON SINGAPORE WROCLAW NEW YORK BOSTON * © Copyright 2024 DUCO. All rights reserved. * Privacy * Legal THIS SITE USES COOKIES This site uses cookies. Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used. For more information, please check our Privacy Policy. By clicking accept or continuing to use this site, you consent to our use of cookies across the site. You can disable or remove cookies in your browser settings at any time Accept & Continue