Torstone


Saxo Bank Securities in Japan warms to Torstone’s Inferno for regulatory reporting

Japan-based Saxo Bank Securities has selected Torstone Technology’s Inferno to replace its legal ledger and comply with regulatory reporting requirements. It will initially use Inferno to improve its post-trade reporting processes and is looking to add additional features in future unspecified phases. Torstone says Inferno is a modular solution, giving organisations the “opportunity to incrementally […]

Torstone’s Inferno backs BNP Paribas in Fed Reserve deal

BNP Paribas Securities Services has become a direct securities participant to the US Federal Reserve through FedLine, its online financial services information and payment service. The company, a subsidiary of the BNP Paribas group, says this completes its direct connectivity to the US market on all securities instruments. BNP uses Torstone Technology’s post-trade securities and […]

Torstone’s Inferno goes live in Myanmar’s securities market

Torstone Technology says an unnamed Myanmar-based broker has started using Inferno, its post-trade securities and derivatives processing system. Inferno will process the broker’s post-trade flow of its equities execution business. The system covers the “whole” trade life-cycle from trade capture through to settlement, accounting and reconciliation. Brian Collings, CEO of Torstone Technology, says Asia is […]

Torstone Technology expands in Asia

Torstone Technology, a post-trade securities and derivatives processor, has further expanded in Asia with new appointments and the launch of a standalone reporting module in Japan. The company says “in the coming months” Gordon Russell will start his tenure as head of sales and business development for Asia, based in Singapore. This follows previous and […]

Blockchain Ready?

2015 has been a year of extensive discussion about what role blockchain can play in making processes in the financial services industry more efficient. It has also been a year where both banks and start-ups have been testing whether distributed ledger technology can adequately replace costly legacy systems and improve securities processing, writes Brian Collings. […]

Daiwa Securities switches post-trade platforms as Hong Kong gears up for growth

Japanese investment bank Daiwa Securities has transferred its Hong Kong business onto a new post-trade processing platform built by specialist vendor Torstone. The bank says the move is part of a long-term plan to revamp its back-office technology in the city, as Hong Kong steps up its role in the integration of China’s capital markets into the global mainstream.

Hotsourcing: the third way for sell-side ops

A decade ago, one of the driving factors behind outsourcing was reducing cost and headcount. However, with the growing regulatory and compliance burden, firms are increasingly becoming more cautious about outsourcing.