News

Duco wins FC Stone as client

London, 17 July 2014 – Duco today announced that INTL FCStone Ltd., part of INTL FCStone Inc., the global commodity trading, foreign exchange, asset management and treasury services firm, has adopted Duco Cube as the reconciliation solution for its exchange traded derivatives and LME business units. The service went live within a 7 day period and has been up and running since June.

Patrick Thornton Smith, Head of Sales and Marketing for Duco, said “We are pleased to be working with INTL FCStone and delighted for their choice of Duco Cube as their reconciliation solution. Our ability to get this service live and all recs on the London side of the business set up within a period of 7 days is evidence of the game-changing nature of our self-service model for operations departments.”

Nicholas Spencer-Skeen, Chief Operations Officer for INTL FCStone Ltd. in London, adds “Duco Cube enables us to quickly and efficiently put controls in place in our ETD and LME business without incurring big technology cost or capital expenditure in the process.” 

For questions on this release please contact Patrick Thornton-Smith on patrick.thornton-smith@du.co. 

About Duco

Duco is a technology company dedicated to the financial services sector. Duco Cube is an intelligent hosted matching and reconciliation service that is agile and quick to deploy. Duco Cube provides the infrastructure to interrogate any data, across asset classes, with a game changing pricing structure.

More information at du.co

About INTL FCStone

INTL FCStone Inc is a Fortune 500 financial services firm specialising in commodity trading in addition to foreign currency exchange and treasury services, securities execution, and asset management. It is headquartered in New York City, New York. INTL FCStone Ltd, a wholly owned subsidiary of INTL FCStone, is a financial services firm authorised & regulated by the Financial Conduct Authority and a category 1 Ring Dealing member of the London Metal Exchange.

More at www.intlfcstone.com