Post-trade technology provider Torstone Technology has doubled its London office after achieving strong European growth.
The announcement comes after Torstone grew by over 50% year-on-year, which fuelled the hiring of over 50% more staff in Europe and globally in 2018,
Among the appointments were Jean Jacques Cureq, who has joined to focus on growth in key European markets. Cureq was previously head of EMEA sell-side strategy at FIS, and also head of sales for FIS post-trade solutions.
Based in France, he will be responsible for sales, business development and operations to help continue Torstone’s European expansion.
“We’re delighted that Torstone saw a year of incredible growth in 2018 and we look forward to capitalising on this success to bring our products and solutions to our existing clients and new markets in the future,” said Brian Collings, CEO, Torstone Technology.
“During this time of expansion, we remain committed to helping clients reduce their costs, minimise risk, and drive operational efficiency while achieving regulatory compliance.”
Last year, Torstone entered the Norwegian market by connecting its flagship post-trade platform, Inferno, into Norway’s central securities depository (CSD). ITI Capital, a London-based broker, also signed up to use Torstone’s Inferno platform.