Your operations staff have a wealth of experience in execution and clearing. Duco empowers them to set up controls instead of relying on technical systems.
Growing the firm and reacting to volume spikes is difficult with manual processes and inflexible systems. Duco Cube's intelligent technology scales with your business.
Duco Cube is up-and-running in 24 hours, for every client, large or small. Once live, reconciliation processes take just a few hours to set up from scratch.
Duco Cube enables us to quickly and efficiently put controls in place, without incurring big technology cost or capital expenditure in the process.
Chief Operations Officer, INTL FCStone
Duco Cube allowed us to build economies of scale to have multiple carrying brokers that will probably, in most cases, charge us less money to clear our business. It also helps us with managing the risk because we don’t have all our eggs in one basket.
Chief Risk Officer, R.J. O’Brien
We selected Duco to enhance our global post trade operations, increase our efficiency and automate a number of processes. We have been impressed with the deep functionality and speed of deployment as a self-service tool.
President, ADM Investor Services
How brokers use Duco Cube
Clearing & exchange reconciliation
Duco Cube’s smart technology can handle trade and position reconciliations with ease, in all asset classes. Changes to formats, exchange upgrades, technical differences in symbology or timing issues are not a problem.
Fees and commission
Having incorrect or out-of-date fee structures can cause erroneous trade bookings, potentially leading to losses and fines. With Duco Cube, you can ensure your fee schedules, bookings and amounts are always accurate.
Total equity reconciliation
When account balances are out, it can be a complex process to investigate the root cause. Duco Cube’s Insight module performs the analysis for you, running through a cascade of connected reconciliations to find the cause and updating top level balances in real-time as issues are resolved.
Replacing spreadsheet reconciliations
Duco Cube is as easy to use as a spreadsheet, but fundamentally more scalable and auditable. It empowers users who understand the data to set up automated controls themselves within hours, then maintain them, without projects or asking for help.
Replacing legacy reconciliations
Duco Cube handles everything, from nostro accounts to one-off spreadsheet comparisons, making multiple reconciliation systems unnecessary. Lower your TCO by consolidating on to one powerful platform.
Data moves around the organisation, sometimes via hundreds of systems, with key details changed or enriched at every step. Duco Cube ensures your data remains consistent at all times with easy-to-create intersystem validation checks.
Regulatory reporting verification
Compare front, middle and back office records to copies held by regulators, competent authorities, trade repositories, etc without technical projects and without column limitations. Any regulatory changes are quick and easy to deal with.
System migration integrity
With Duco Cube you can simplify system migration projects dramatically, without relying on manual work. Put parallel-run controls in place within hours, then compare millions of records in minutes. The overall data quality is easy to measure.