It is a bit difficult to visualise what is going on from the description. Can you clarify 'parameterized cascading filters' - do you mean in the dashboard filter bar?
Do you have filters applied to tables that are all related together?
Within the dashboard visualisation do you see the filter icon, and does clicking on it show the filters you expect. For example:

If you have filters applied then there are circumstances when DQM will not pass the filters through to the database and try and perform the filters locally. I believe this is to try and create a cache that can be reused by other queries. It can lead to terrible performance. If this is the case then try disabling the DQM cache either in the data module, or in the dashboard. Depending on the version:

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Marc Reed
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