Torstone Technology wins Best Sell-Side Back-Office Platform at Waters Technology Sell-Side Technology Awards for third year in a row
London, 13 April 2022 – 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 third year in a row Torstone has won this major global category.
The Torstone platform’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 banks to move seamlessly from siloed legacy systems to an open cloud-based infrastructure against a backdrop of increasing volumes of data, regulation and new digital assets, such as crypto-currencies.
Brian Collings, CEO of Torstone Technology, commented: “At Torstone we pride ourselves on the strength of our platform – winning Best Sell-Side Platform is therefore a great honour as recognition of the quality of our offering. The win serves as further evidence that automated, cloud-based, real-time back-office solutions are the future – freeing significant workload on desks and driving efficiencies across sell-side operations.”
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 virtual ceremony on 8 April.
The award follows several other accolades for Torstone, including recognition at the Risk Awards, IBSi FinTech Innovation Awards, Harrington Star’s Top 1% Workplace Awards and in the Chartis RiskTech100® 2022.
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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.
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