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.
– Ends –
About Torstone Technology www.torstonetechnology.com
Torstone Technology is a leading SaaS platform for post-trade securities and derivatives processing. We simplify the complexities of post-trade, by connecting global financial industry expertise with post-trade technology innovation. 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 Inferno technology enables global financial firms to reduce costs, achieve greater operational efficiency, drive revenue growth and minimise risk.
We are a fast-growing company headquartered in London, with offices in New York, Toronto, Hong Kong, Singapore, and Tokyo.