Torstone Technology wins Best Sell-Side Back-Office Platform at Waters Technology Awards for Fourth Consecutive Year
London, 13 April 2023 – Torstone Technology, a leading global SaaS platform for post-trade securities and derivatives processing and risk management, announced today that its cloud-based post trade solution for the back-office has been awarded Best Sell-Side Back-Office Platform at the Waters Technology Sell-Side Technology Awards, marking the fourth year in a row Torstone has won this major global recognition.
Torstone’s back-office solution was recognised for delivering sell-side clients a flexible, modern solution for improving and consolidating post-trade processing across assets, entities and functions in real-time. The firm’s back-office solution has been critical in helping sell-side firms move seamlessly from siloed legacy systems to an open cloud-based infrastructure against a backdrop of increasing volumes of data and complex regulation.
Commenting on the win, Brian Collings, Chief Executive of Torstone Technology, said: “We are honoured to win Best Sell-Side Back-Office Platform for the fourth year in a row. This remarkable achievement recognises the strength and quality of our platform and embraces our vision of automated, cloud-based back-office solutions being the future of capital markets infrastructure. With the drive to T+1 well underway, creating the utmost efficiency within sell-side operations is paramount.”
The Torstone platform’s agile cloud based-based solution and modular 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 ceremony on 6 April.
The award follows several other accolades for Torstone, such as winning the Goodacre Systems in the City Fintech Awards for Best Settlement System, and Post-Trade System of the Year at the FOW International Awards.
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.
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Greentarget
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Further information from:
Payal Raina, Marketing
Torstone Technology
8 Lloyd’s Avenue, London, EC3N 3EL
Direct: +44 20 7418 7928
payal.raina@torstonetech.com