Source: Duco
Duco announced today that R. J. O'Brien & Associates LLC (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, has signed for Duco Cube, the leading, hosted self-service control solution, for its global reconciliation business.
Patrick Thornton-‐Smith, Head of Sales and Marketing at Duco, says, “R.J. O’Brien will be using Duco Cube for a wide range of their post trade and accounting reconciliation processes.
We are delighted that RJO have decided to use Duco and we look forward to a long business partnership with the firm.” Jamal Oulhadj, Senior Managing Director and Chief Risk Officer of RJO, said: “We are very impressed with Duco Cube as a valuable reconciliation tool and believe it will provide us with tremendous operational efficiencies. We’ve been rolling it out across increasing product areas globally and have seen significant efficiencies already in areas where the adoption has taken place.”