Sun, Dec 22 2024
CIBC Mellon and Duco, a top SaaS provider of AI-powered data automation, have announced their strategic partnership.
Utilizing Duco's cutting-edge capabilities, CIBC Mellon will be able to reduce operational risk, optimize workflows, and strengthen its finance and operations divisions.
Chief Executive Officer of CIBC Mellon Mal Cullen remarked, "The initiative underscores CIBC Mellon's commitment to investing in technology to manage data effectively while reducing operational risk and improving client experience." "By harnessing AI-based automation, CIBC Mellon ensures that its processes are exception-based and sustainable in the long run."
Richard Anton, Chief Client Officer at CIBC Mellon, stated, "The integration of Duco's data automation technology into our platform represents a significant step towards enhancing our data handling processes." Our goal is to enable our specialists to provide even more value to our clients by automating monotonous operations and concentrating on insight and analysis. Through this partnership, we hope to transform data management, processing, and utilization, ultimately improving client results."
Michael Chin, CEO of Duco, stated that "financial services firms gain a comprehensive solution for automating the processing of structured and unstructured data with Duco's intuitive platform." "We are dedicated to empowering institutional investors through transformative technologies."
Chief Product Officer of Duco James Maxfield stated, "We're proud to partner with CIBC Mellon." "Their commitment to innovation, combined with our extensive experience of empowering the world's leading financial firms to transform their operations, will enable them to unlock the enterprise-wide benefits of data automation for a faster, more efficient business."
In order to satisfy the changing needs of the business, CIBC Mellon and Duco are dedicated to providing high-quality service by utilizing state-of-the-art technology and collaborating closely with their partners.
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