Duco, a leader in no-code data automation and a portfolio company of Nordic Capital, has announced several innovative strides in its AI-driven financial services offerings. Recent efforts include a strategic collaboration with CIBC Mellon to improve data management and reduce operational risks, along with the acquisition of Intelligent Document Processing (IDP) innovator Metamaze at the beginning of 2024. The integration of Metamaze’s capabilities has led to the launch of Duco’s Adaptive IDP (AIDP) which allows for the automation of various document types on a singular platform. Duco strongly focuses on data security, ensuring AI models are trained on a client-by-client basis, thereby safeguarding confidential data. Duco is committed to continuing its advancement in AI while ensuring robust security measures, demonstrating how AI can transform financial data management.

Financial Technology (Fintech), Software-as-a-Service (SaaS),Global

https://www.nordiccapital.com/news-views/views/spotlight-on-nordic-capital-backed-duco-a-leading-no-code-data-automation-company/