We decided to move the Torstone Platform and bring our operational efficiency back in house in order to leverage a cloud-based, cross-asset platform, providing us greater transparency and control over our business, and presenting an opportunity to reduce our total cost of ownership.
As a forward-thinking organisation the decision to implement Torstone’s Cloud-based platform enables the bank to consolidate its middle-office and post-trade operations in Europe. We have better control and flexibility over change management and have more easily switched out other third-party vendors.
Torstone’s post trade platform has demonstrated great capability. They are providing a highly flexible cloud based solution capable of scaling, when required, to provide us with the confidence we need to continue to press our growth strategy.
Torstone’s Post Trade platform enables us to get total control of our business, driving greater operational efficiency and revenue growth.
Torstone has unrivalled expertise in providing regulatory reporting technology, and hence the firm was a natural choice for us.