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 is a leading global provider of cross-asset securities and derivatives post-trade processing technology. Torstone’s cloud-based, award-winning platform is fast, flexible and future-proof. It enables global financial firms to reduce their total cost of ownership, achieve greater control, minimise risk, and drive operational efficiency. Combining many decades of investment banking expertise with in-depth global financial market and technology industry knowledge, Torstone offers agile, secure, scalable, and cost-effective solutions.
Torstone Technology is headquartered in London, with offices in New York, Toronto, Hong Kong, Singapore, and Tokyo.