The platform will allow middle- and back-office staff to increase automated straight-through-processing and reduce manual effort.
Tag: Torstone Technology
Nearly half of banks and brokers intend to change their middle-office system completely, according to the survey.
With Torstone Technology’s platform, Credit Suisse will consolidate and automate the post-trade operations of its equity trading business in Canada.
The report stated increased automation of the middle-office and the use of secure cloud-based platforms should be key priorities for firms for next year.
Credit Suisse will bring its post-trade processes back in-house through its partnership with Torstone Technology.
Torstone Technology became one one of the few post-trade technology vendors to go live on the Amazon Web Services platform.
Torstone Technology will add Percentile’s risk and compliance platform to its post-trade services following acquisition.
Torstone grew by over 50% year-on-year, which fuelled the hiring of over 50% more staff in Europe.
The deal comes six months after Torstone entered the Norwegian market following its connection to the local CSD.