Torstone Technology wins Best Sell-Side Back Office Platform at Waters Sell-Side Technology Awards
London, 12 April 2021 – Torstone Technology, a leading SaaS provider of post-trade securities and derivatives processing, announced today that its cloud-based platform has been awarded Best Sell-Side Back Office Platform at the Waters Technology Sell-Side Technology Awards.
The Torstone platform was recognised for delivering global sell-side clients a flexible, modern solution for improving and consolidating post-trade processing across multiple asset classes, entities and functions in real-time. Torstone’s back office solution has been critical in helping banks to move seamlessly from siloed legacy systems to an open cloud-based infrastructure against a backdrop of increasing volumes of data and regulation.
Brian Collings, CEO of Torstone Technology, commented: “In a year where banks have faced once-in-a-generation challenges while working remotely, we are proud to receive this award recognising the Torstone platform as the leading global back-office solution for the sell-side. The past year has demonstrated the importance of robust and reliable technology that not only enhances banks’ operations but also saves costs. We have worked hard to deliver our sell-side clients a state-of-the-art solution that future-proofs back office functionality, improves efficiency and gives banks the tools they need to drive performance.”
The Torstone platform’s agile, modular and cloud based- architecture was also highlighted during the awards process for giving sell-side clients the ability to execute and scale workloads regardless of location, while giving firms a consolidated view of positions.
The awards, which celebrate leading sell-side technologies and third-party vendors, were judged by Waters Technology’s senior journalists and announced at a virtual ceremony on 9 April by the publication’s Global Content Director, Victor Anderson.
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About Torstone Technology www.torstonetechnology.com
Torstone Technology is a leading global 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.