Duco has launched new AI-powered tools, including an Agentic Rule Builder, enhanced AI-native data preparation, and real-time T+0 assurance controls, aimed at helping financial institutions automate operations and meet accelerating regulatory deadlines, particularly for T+1 settlement in the UK and EU.
The company’s new Agentic Rule Builder represents an advancement in no-code automation. While Duco’s Natural Rule Language (NRL) previously allowed users to create rules in plain English, the Agentic Rule Builder enables users to describe desired actions and outcomes using plain English prompts. This functionality generates and refines NRL rules, allows for editing specific sections, and applies consistent changes across multiple rules. Early client tests indicate a potential 50% reduction in rule-creation time and a 60-75% acceleration in automation.
Building on its Adaptive Intelligent Document Processing (AIDP), which extracts information from various unstructured formats, Duco has enhanced its AI-Native data preparation. This updated processing learns from content and context to improve resiliency, extends flexible ingestion with low training extraction for quicker setup, and integrates the Agentic Rule Builder. This enhancement aims to increase automation, straight-through processing, and accuracy, surpassing traditional OCR/IDP tools or standalone LLMs, all within the integrated Duco platform.
Justin Hingorani, Managing Director, AI and Data Prep at Duco, stated, “AI-powered automation is moving beyond task support to shape how businesses operate. This evolution is not just about speed or efficiency. It is about empowering organisations to respond to client needs and market challenges with agility and confidence. Intelligent automation and industry know-how turn complex post-trade processes into simple, transparent workflows. OCR and IDP were built for static formats. They break the moment data shifts. Our AI-native approach adapts in real time, making it the only sustainable path forward.”
To address the T+1 settlement challenges, Duco is introducing cloud-native, AI-native, no-code T+0 assurance controls for clients in the UK and Europe. These controls, initially developed for North America’s 2024 move to T+1 settlement, facilitate intra-day, T+0 reconciliations and exception management. Observations from North America’s transition suggest that increasing headcount, sometimes by as much as 18%, did not significantly improve fail rates. Additionally, an over 80% reduction in operational post-trade processing times renders manual work for exceptions untenable, making intra-day reconciliation and exception management crucial for a T+1 operating model.
Steve Walsh, Managing Director, Reconciliation at Duco, commented, “The move to T+1 settlement is one of the most significant operational shifts our industry has faced in decades. We’re using critical lessons from North America to ensure the transition in Europe does not require additional headcount. Instead by cutting reconciliation time, firms also create a scalable, future-proof operating model for post-trade processing.”
James Maxfield, Chief Product Officer at Duco, added, “We are moving into an era where automation is not just faster or easier, but smarter and adaptive. Today, our AI agents support rule creation and reconciliation. Soon, they’ll help with anomaly detection, exception management and orchestration of entire processes – always with human oversight where clients need it. This is how firms can build resilience, cut complexity and stay ahead of compressed regulatory deadlines.”
Duco aims to empower financial services firms to resolve data challenges through proprietary techniques, cloud computing, no-code, and artificial intelligence technology. Its AI-powered operational data automation platform facilitates end-to-end reconciliation and automation of data regardless of source, format, or structure. The platform serves over 10,000 users across more than 30 countries, processing billions of data records weekly. Duco is headquartered in London, with offices in New York, Wroclaw, Antwerp, and Singapore. Its customer base includes global banks, investment managers, exchanges, and insurance firms such as CIBC, ING, and Man Group.
