The number of clearing firms servicing institutionally oriented Introducing Brokers has dwindled to a handful. Those firms remaining in the clearing business tend to pursue a business model that is scale-driven. Their service strategy—how they treat clients—is driven by the economics of their business model. This model tends to favor high volumes and replaces qualified people with one-size fits all automation.
ICBCFS differentiates itself on many fronts
- We do not use Call Centers. Instead, each client has direct access to an experienced team of experts to support their business.
- Our technology is modern and innovative. It’s been developed during the last decade and is scalable from supporting the smallest to the largest of clients.
- Our technology is also “open” architected, and offers a fully integrated and robust set of features.This allows for a compressed over-night cycle, resulting in a more efficient user experience. It also makes it easier to support customized reporting.
- ICBCFS can be a single point of entry to global clearing and settlements. We manage our clients complexities and nuances, rendering the process more efficient while reducing their risk. In addition to our memberships in the major U.S. clearing corporations, we also have access to local market settlements capabilities worldwide via SWIFT, including European Central Counterparties and Multilateral Trading Facilities.