Torstone technology strengthens its presence in japan
Goes live with leading Asian capital markets and investment group, CLSA
Japan – 19 October, 2017 – Torstone Technology, a leading global provider of post-trade securities and derivatives processing, today announced that the CLSA, a leading Asian capital markets and investment group, has signed a multi-year deal to use Inferno and is now live with the solution, which will bring greater efficiencies to its post-trade processes.
CLSA’s Japan operations will deploy Inferno to improve and automate the processing of trade feeds from its front-office systems through to its current back-office. In addition to more efficient trade capture and reconciliation, Inferno will provide a flexible architecture to add functionality as the business requires.
Additional Inferno modules include cash management, regulatory reporting, corporate actions processing and collateral management; providing clients with the option to incrementally deploy new capabilities, as part of a phased migration to a full settlement and accounting sub-ledger solution, over time.
Inferno is a flexible, modern, cost-effective platform which will allow CLSA to run its operations efficiently and with reduced operational risk. The system is also scalable which means that Torstone can quickly respond to any subsequent operational requirements that CLSA may have.
Commenting on the announcement, Brian Collings, CEO, Torstone Technology said: “We are very excited to be working with CLSA as we continue to expand our offering in the Japanese market. We look forward to working with the firm and providing additional product solution and support as they continue to grow in the region.”
Adding to this, Philippe Bredel, COO, CLSA Japan said: “We are pleased to be working with the team at Torstone Technology who has been able to provide CLSA with a tailored solution that optimises a number of post-trade processes critical to the efficient functioning of our business.”
About CLSA https://www.clsa.com
CLSA is a leading Asian capital markets and investment group that connects global investors to insights, liquidity, and capital to drive their investment strategies.
Award-winning research, an extensive Asia footprint, direct links to China and highly experienced finance professionals differentiate our innovative products and services in asset management, alternative investment, corporate finance, capital markets, securities and wealth management.
As the international platform of CITIC Securities, China’s largest investment bank, CLSA is uniquely positioned to facilitate cross-border capital flows and bridge China to the world and the world to China.
Founded in 1986 and headquartered in Hong Kong, CLSA operates from 20 cities across Asia, Australia, the Americas and Europe.
For more information, please visit clsa.com and follow us @CLSAInsights
Mandy Ho, Senior Communications Manager, CLSA Ltd.
Tel: +852 2600 8193 / firstname.lastname@example.org
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.