Torstone’s outstanding Post-Trade Platform wins this category thanks to its real-time, event-driven, service-oriented architecture that provides banks with multi-asset, multi-entity and multi-currency support, all wrapped up in a single application. Is there a better, more complete back-office platform on the market right now?
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.
Looking ahead, we recognised the need to constantly evolve and future proof our technology stack and, once we decided to buy versus build, Torstone offered the standout solution.
A scalable solution that covers multiple asset classes including crypto-assets and can also be integrated with the systems of a liquidity provider with significant trading volumes across multiple exchanges globally. Other post-trade system vendors will certainly struggle to keep up.
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.
We are excited to partner with Torstone Technology and to implement their platform as a middle office solution. The platform’s ability to improve automation and provide a single cloud solution for our operations will greatly enhance our post-trade processing efficiency and reduce costs.
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.