Duco clients cut post-trade reconciliation work by 76% with AI agents
Duco said the 12 clients in its Pacesetters trial, including BBVA, Blackstone Credit & Insurance and CIBC Mellon, cut time spent on manual post-trade reconciliation tasks by an average of 76% after adopting its agentic operations platform, launched in June. CIBC Mellon's Jeremy Hulme said the goal is to combine operational expertise with agentic capability to reduce manual work.
NoteReconciliation is exactly the kind of repetitive, rules-based back-office task agentic AI was built for, so a verified 76% time cut from named clients, not just a vendor's marketing number, is a real signal for where operations budgets go next.
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