Metamaze
Belgium-based IDP vendor acquired by Duco in February 2024, known for proprietary deep learning requiring 50% fewer training documents than competitors.
Overview
Metamaze was an Antwerp-based SaaS company that developed adaptive Intelligent Document Processing capabilities before being acquired by Duco in February 2024. Originally spun off from AI consultancy Faktion in 2017, the company distinguished itself through proprietary deep learning algorithms that require 50% fewer training documents compared to competitors to achieve the same accuracy.
Niels Van Weereld, CEO, emphasized the platform's adaptive capabilities: "Information and documents change all the time, so your intelligent document processing (IDP) software must learn and adapt with it." The platform processes over 400,000 documents weekly for a Belgian financial sector client and automates more than 40 document types.
The Duco acquisition created a unified AI platform combining structured and unstructured data processing, with Michael Chin, Duco's CEO, targeting "90% reduction in data-related work for operations and finance teams, particularly post-trade operations."
Key Features and Benefits
• Metamaze Hydra Model: Proprietary architecture solving partially annotated data problems with 50% fewer training documents required • Self-Learning AI: Adaptive algorithms that improve through continuous document processing without preset model limitations • Enterprise Features: Multilingual training, active learning with human-in-the-loop, API/webhook integrations • No-Code Platform: Business user implementation without coding requirements • Cloud-Native SaaS: Enterprise-grade security and reliability with detailed audit trails
Use Cases
Financial Services
Post-trade operations, accounts processing, and regulatory compliance with proven scale of 400,000+ documents weekly for Belgian financial institutions.
Air Cargo Operations
Collaboration with CHAMP for Air Waybill data capture and comparison workflows.
Enterprise Document Automation
Manual data entry replacement, validation processes, and reconciliation automation across 40+ document types.
Technical Specifications
| Feature | Details |
|---|---|
| Architecture | Cloud-native SaaS with proprietary deep learning |
| Training Efficiency | 50% fewer annotated documents vs competitors |
| Processing Scale | 400,000+ documents weekly (proven) |
| Document Types | 40+ automated types |
| Integration | API/webhook connectivity |
| Languages | Multilingual training capabilities |
| Learning Model | Active learning with human-in-the-loop |
Resources
- CB Insights - Metamaze Company Profile
- Duco Acquisition Announcement
- InvoiceOCR.net - Metamaze
- Innovations of the World - Metamaze Profile
- FinTech Futures - Duco Acquisition Coverage
Contact Information
Note: Following the February 2024 acquisition by Duco, Metamaze operations have been integrated into Duco's platform. For current contact information and services, please refer to Duco's official channels.
Historical Address: Oudeleeuwenrui 39, Antwerp, Belgium
