Torstone Technology wins Post-Trade Initiative of the Year at Financial News’ Excellence in Trading & Tech Awards
London, 6 July 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 has won the ‘Post-Trade Initiative of the Year’ category at the prestigious Financial News Excellence in Trading & Tech Awards.
The annual FN Trading and Tech Awards recognise the stand-out companies and individuals working in trading, post-trade and technology in Europe.
The Torstone Platform is a multi-asset, multi-entity cloud-based solution, covering electronic trade capture, allocation, confirmation, settlement, accounting, risk, corporate actions, reconciliation and regulatory reporting. The platform provides a comprehensive, flexible user experience for middle- and back-office staff, increasing automated straight through processing (STP) and reducing manual effort.
Brian Collings, Chief Executive of Torstone Technology, commented on the win: “As firms increasingly focus on streamlining trade efficiency, we’re delighted to be recognised by the industry as a market leading provider of post-trade technology. We are honoured to have been listed alongside such high calibre global firms and to win the overall category – reflecting the team’s hard work and our continued innovation as a business.”
The winners of the FN Excellence in Trading & Tech Awards were determined by an independent judging panel that reviewed extensive research, rankings and industry information, as well as input from a wide range of market participants, and announced at a ceremony in London.
Torstone was shortlisted alongside DTCC Report Hub, IHS Markit Global Regulatory Reporting Solutions, Taskize and State Street TradeNeXus.
The award follows several other accolades for Torstone, including recognition at the Waters Technology Sell-Side Technology Awards, Risk Market Technology Awards, FTF News Technology Innovation Awards, and in the Systems in the City Financial Technology Awards.
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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.