Duco launches refreshed Reconciliation Maturity Model
03 April 2025 UK
Image: Paul/stock.adobe.com
Duco has launched an updated version of their Reconciliation Maturity Model, a guide which intends to help firms benchmark their reconciliation function.
The model will show impact upon audit costs and risk events as firms advance their reconciliation maturity, Duco says. The company hopes that financial firms will be able to save costs by using the guide.
James Maxfield, chief product officer at Duco, comments: “Our Reconciliation Maturity Model is an invaluable guide to harnessing the best technology available today to improve automation, streamline operations and cut costs and risk.
“It not only shows firms how to leverage the current innovation in artificial intelligence, no-code and cloud computing, but how to prepare themselves to take first-mover advantage of advances in the future.”
The model will show impact upon audit costs and risk events as firms advance their reconciliation maturity, Duco says. The company hopes that financial firms will be able to save costs by using the guide.
James Maxfield, chief product officer at Duco, comments: “Our Reconciliation Maturity Model is an invaluable guide to harnessing the best technology available today to improve automation, streamline operations and cut costs and risk.
“It not only shows firms how to leverage the current innovation in artificial intelligence, no-code and cloud computing, but how to prepare themselves to take first-mover advantage of advances in the future.”
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