Davy Capital Markets goes live on Torstone post trade platform
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Davy Capital Markets goes live on Torstone post trade platform 19 December 2023UK Reporter: Jack McRae
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Davy Capital Markets has successfully deployed a solution on Torstone Technology’s post trade platform.
The capital markets firm is using the platform to help with both middle and back office processing and bolster its operational efficiency and regulatory compliance.
The platform offers regulatory reporting, general ledger accounting and reconciliations as well as CREST, Sub-Agent and Euroclear Ireland settlement. The platform is designed to streamline post-trade processes for financial institutions.
Brian Collings, CEO of Torstone Technology, says: "We look forward to continuing our partnership with Davy Capital Markets as they evolve and grow, providing them with the flexible, scalable solution they need to meet their clients' demands and stay ahead in the ever-changing financial landscape."
Allison Connolly, head of capital markets operations at Davy Capital Markets, comments: "With [Torstone Technology’s] innovative SaaS platform in place, we are confident in our ability to meet the evolving demands of the financial industry."
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