Press Release

TORSTONE TECHNOLOGY FURTHER EXPANDS LEADERSHIP TEAM

Appoints Mack Gill as Chief Operating Officer, Board Director

 

London – 6 September 2017 – Torstone Technology, the leading provider of post-trade securities and derivatives processing, today announces plans to expand with the appointment of Mack Gill as Chief Operating Officer (COO) and member of the Board of Directors, based at Torstone’s London headquarters.

Mack has a wealth of experience in capital markets technology, having worked with the world’s leading exchanges, clearing houses, depositories, banks and brokers; most recently in his role as CEO of MillenniumIT, a leading trading technology company and subsidiary of London Stock Exchange Group (LSEG).

At MillenniumIT Mack significantly grew the business, establishing new client partnerships with exchanges and clearing houses in regions around the world. Prior to this, he had a long tenure as a senior executive of global technology group, SunGard (now FIS), where he held a number of leadership roles including president of SunGard Technology Services, with responsibility for SunGard’s global technology strategy and consulting business, leading a global team of 5,000 staff.

From 2014-2017, Mack was identified by Institutional Investor magazine in its annual list of top “Trading Technology 40” industry leaders. He is also a Board Director of the International Association for Quantitative Finance (IAQF).

Commenting on the appointment, Brian Collings, CEO, Torstone Technology said: “Strengthening our board and management team is a key part of Torstone’s global expansion as we take our cross-asset platform to new regions and market segments. We will benefit greatly from Mack’s extensive market and leadership experience as we build partnerships with other market participants around the world. Mack will also take an operational role in enhancing and scaling our client service and engagement.”

“The post-trade space is one of the most dynamic segments of financial services, with technology innovation shaking up an industry long held back by legacy systems” stated Mack Gill. “I’m looking forward to working with the talented team at Torstone to further develop its leading platform and help our clients create modern, future-proof post-trade infrastructure”.