Torstone Technology works with Oracle to attain highest performance for Inferno post-trade processing and settlement

London, 18 May 2012 — Torstone Technology has become an Oracle Gold Partner, attaining the highest level of partnership for an independent software vendor and the ability to re-sell Oracle products, providing a one-stop service to clients. As creators of Inferno, believed to be the first major release of post-trade securities and derivatives processing software in almost a decade, Torstone will gain access to Oracle training and core support as well as the potential for increased sales opportunities.

Brian Collings, CEO of Torstone Technology said: “Formalising the relationship with Oracle will be reassuring to clients and prospects alike, especially as we work to performance test and fine-tune Inferno against the whole Oracle stack, including the database and hardware. Further we will be looking at the most cost-effective and efficient way for clients to be able to scale our software in the Oracle environment.”

Targeting regional and mid-sized investment banks, asset managers, hedge funds and brokers, Inferno is an enterprise-level clearing, settlement and integrated accounting application supporting multi-asset, multi-currency and multi-location operations. It addresses today’s pressing needs to reduce middle and back office costs and supports the front office with improved operational efficiency, simplified regulatory compliance, better client service and risk management.

About Torstone Technology

Torstone Technology is a leading global SaaS platform for post-trade securities and derivatives processing and risk management. We simplify the complexities of operational and risk workflows by connecting global financial industry expertise with technology innovation to provide comprehensive functionality, business process automation, and world-class client service to financial institutions across the globe.

Combining many decades of investment banking expertise with in-depth global financial market and technology industry knowledge, we offer agile, secure, scalable, and cost-effective solutions. Torstone’s Cloud-based, award-winning technology enables global financial firms to reduce costs, achieve greater operational efficiency, drive revenue growth, and minimize risk.

We are a fast-growing company headquartered in London, with offices in New York, Toronto, Hong Kong, Singapore, and Tokyo.

Press enquiries to:
Tom Engleback
Direct: +44(0) 7515 922458

Further information from:
Payal Raina, Marketing
Torstone Technology
8 Lloyd’s Avenue, London, EC3N 3EL
Direct: +44 20 7418 7928