Digiata, who is already leading the way with over 25 Financial Services firms, is teaming up with Duco to deliver an automated solution to data integrity and reconciliation for the South African market
Digiata, a South African software specialist focused on the financial services sector, has partnered with global data integrity solutions provider Duco, adding Duco’s award-winning Software as a Service (SaaS) data integrity and reconciliation solutions to its existing data management portfolio.
“Duco can address a key concern for local enterprises,” says Johan Kühn, Director at Digiata. “As data proliferates, enterprises find it increasingly challenging and time consuming to aggregate, validate and reconcile data for analysis and insight. It’s becoming more of an issue for enterprises to ensure data quality and integrity across multiple formats and compare datasets, particularly when they are dealing with big data. Duco addresses this in a unique and innovative way.”
As the only fully cloud-based, SaaS offering of its kind, Duco empowers business users to work with complex data directly, without requiring large data transformation projects. Being leveraged by over 90 leading financial institutions and 14 top-tier global banks, it ingests any type of data, cleans it, normalises it and reconciles the data using machine learning. This ensures the data is safe, reducing operational risk and cost, and enabling firms to focus on revenue growth. The solution provides enterprises with data integrity at scale, delivering value in minutes and hours, not weeks and months.
“This new partnership brings to South Africa a solution that is greater than the sum of its parts,” says Dave Hannibal, Global Head of Strategic Partnerships and Alliances at Duco. “Our self-service data integrity and reconciliation solutions, combined with Digiata’s extensive consulting experience, understanding of the local market and complementary process automation tools, bring a compelling proposition to enterprises challenged in delivering business value from their data.”
“We’re very excited about the new partnership with Duco,” adds Kühn. “It is awesome technology and Duco is a great company with a great vision. The partnership fits well into our data play in the local market, and as we look to expand into new markets.”
Digiata is a business software specialist for the financial services sector, offering services across process automation, reconciliations, payments processing, integration and automation, data migration, software and mobile development. Digiata’s goal is to innovate, enhance and automate our customer’s business with technology. For more information go to www.digiata.com
Duco is a global provider of self-service data integrity and reconciliation services. Our mission is to make managing data easy. The cloud-based Duco platform empowers end users to aggregate, normalise and reconcile data on demand – without infrastructure projects. Firms rely on us to increase business agility, reduce risk, stay compliant with regulation and dramatically improve efficiency across a range of mission critical tasks. Customers can be live in 24 hours, with results in 7 days and tangible business value in 30 days. Headquartered in London, with offices in New York, Luxembourg, Edinburgh, Wroclaw and Singapore, Duco’s customers include global banks, brokers, asset managers, exchanges and middle and back office outsourcers. For more information go to www.du.co