Torstone Technology awarded top honours by WatersTechnology at Sell-Side Technology Awards
London – 29 June 2020 – Torstone Technology, a leading provider of post-trade securities and derivatives processing, announced today that its cloud-based post-trade processing platform has been recognised as Best Sell-Side Back-Office Platform and Best Sell-Side Product at this year’s Sell-Side Technology Awards. Hosted by WatersTechnology, the Sell-Side Technology Awards recognise the leading technologies and third-party vendors that enable global sell-side firms to operate more efficiently.
Torstone offers a scalable, cross-asset post-trade processing cloud platform, designed to support high volumes of straight through processing (STP) for processing a wide range of asset classes from complex derivatives to high volume equities on a modern cloud-based infrastructure. It can fully integrate risk and analytics, middle- and back-office and accounting functions, covering trade capture, risk, confirmation, settlement, accounting, and reconciliation, offering a post-trade solution that is fast, flexible, and future-proof.
The winners of the Sell-Side Technology awards were determined through an auditable and transparent methodology developed and managed by WatersTechnology’s senior journalists. Some of the key factors determining the success of an entry were innovation, how well the technology addresses the sell side’s most pressing needs, ability to ensure regulatory compliance, and how well a solution manages the various risks the sell side faces daily while enabling firms to maximise operational efficiency.
Brian Collings, CEO of Torstone Technology, commented: “The WatersTechnology Sell-Side Technology Awards are extremely well regarded in the financial services industry, and so it is an honour to be recognised as the winner in two key categories this year. Over the past 12 months, Torstone Technology has made significant investments into expanding our product offering, leveraging agile, cloud-based technology to improve the client experience. We appreciate that our efforts have been recognised by this leading industry forum.”
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