TORSTONE AWARDED BEST CLOUD COMPUTING SOLUTION
London – 10 June 2020 – Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announced its SaaS platform has been recognised as the Best Cloud Computing Solution in the FTF News Technology Innovation Awards 2020.
The annual FTF News Technology Innovation Awards recognise accomplishments in post-trade processing and industry participants that have made significant advances and notable achievements in operational excellence over the past year. The final list of the awards winners has been determined by industry votes.
Torstone offers a scalable, cross-asset post-trade processing cloud platform, designed to support high volumes of straight through processing (STP) for processing a wide range of asset classes from complex derivatives to high volume equities on a modern cloud-based infrastructure. It can fully integrate risk and analytics, middle- and back-office and accounting functions, covering trade capture, risk, confirmation, settlement, accounting, and reconciliation, offering a post-trade solution that is fast, flexible, and future-proof.
Commenting on the win, Brian Collings, Chief Executive, Torstone Technology, said: “Over the past year we’ve seen adaptation to recently implemented regulatory regimes within the industry alongside unprecedented levels of market volatility and volumes amid the ongoing COVID-19 pandemic. During this historic period Torstone has remained committed to assisting clients to reduce costs, secure greater operational control and minimise risk while ensuring regulatory compliance. We are delighted to be recognised once more by industry voters for our efforts to support our clients.”
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About Torstone Technology www.torstonetechnology.com
Torstone Technology is a leading 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.