China Merchants Securities Selects Duco’s Reconciliation Product

Duco now counts 16 clients globally.

city of london
Duco is headquartered in London and counts 16 clients across Europe, the United States and Asia.

Launched in 2013, Duco Cube is a hosted reconciliation service that enables firms to manage the reconciliation and matching of end-of-day data between brokerage or trading firms and exchanges, and allows static data cleanup such as Legal Entity Identifiers (LEI) or instrument set-up data.

It also eliminates manual processes and reduces dependency in order to simplify audit points across finance, brokerage operations and compliance departments.

“We are delighted to work with CMS as it seeks to expand its footprint on the London Metal Exchange,” says Patrick Thornton-Smith, Duco chief marketing officer. “The range of business cases across these new clients is wide, covering regulatory, accounting, finance, operations and banking reconciliation. Futures brokerages, especially those like CMS that are just setting up, are opting for Duco to enable them to keep costs and risk down as their business grows.”

 

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here