About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Duco Releases Out-of-the-Box Data Controls to Accelerate Compliance with EMIR Refit

Subscribe to our newsletter

Duco, a SaaS provider of AI-powered data automation, has released pre-configured processes to help financial institutions meet the requirements of EMIR Refit, which comes into play on 29 April 2024 in the EU and 30 September 2024 in the UK, and includes additional reporting fields, the Unique Product Identifier (UPI) and Unique Trading Identifier (UTI).

The Duco out-of-the-box processes provide data controls between trade capture, trade reporting store and trade repository in line with EMIR Refit ISO XML formatting. They also include operational dashboards for improved oversight and exception management, intelligent root cause analysis suggestions, and a workflow engine to appropriately route and remediate exceptions.

“Preparation for the Refit is heating up,” says James Maxfield, chief product officer at Duco. “We are seeing firms struggling with legacy providers. Some systems can’t manage the number of columns and fields, which means firms have to break up reconciliation processes. Others generate so many breaks in internal control reconciliations that firms can only reconcile weekly, which won’t be adequate for ESMA’s increased expectations around data integrity. Data quality is also continuing to degrade. Duco’s solution embeds data quality checks into matching rules and completeness checks to ensure trusted data.”

The solution takes a few days to deploy, doesn’t require any build, and manages regulatory changes within the SaaS model.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Navigating a Complex World: Best Data Practices in Sanctions Screening

As rising geopolitical uncertainty prompts an intensification in the complexity and volume of global economic and financial sanctions, banks and financial institutions are faced with a daunting set of new compliance challenges. The risk of inadvertently engaging with sanctioned securities has never been higher and the penalties for doing so are harsh. Traditional sanctions screening...

BLOG

Theta Lake Touts First-of-its-Kind ISO Certification for AI Comms Data Trust

Data security specialist Theta Lake has been awarded trust certification for its artificial intelligence-powered compliance communications services. The designation was conferred as the company prepares to release a report that shows IT teams in financial services and other industries are facing challenges with their AI governance and security. Santa Barbara, California-based Theta Lake achieved ISO...

EVENT

Eagle Alpha Alternative Data Conference, Spring, New York, hosted by A-Team Group

Now in its 9th year, the Eagle Alpha Alternative Data Conference managed by A-Team Group, is the premier content forum and networking event for investment firms and hedge funds.

GUIDE

AI in Capital Markets Handbook 2026

AI adoption in capital markets has moved into a more disciplined phase. The priority is now controlled deployment: where AI can be used safely, where it can deliver measurable value, and how outputs can be governed, monitored and evidenced. The 2026 edition of the AI in Capital Markets Handbook examines how AI is being applied...