N+1 Singer renews multi-year deal with Torstone 26 September 2016London Reporter: Becky Butcher
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N+1 Singer has renewed its multi-year deal with Torstone Technology’s post-trade processing platform, Inferno.
The platform processes N+1 Singer’s post-trade flow and places it well to respond to the wave of regulation that the market is currently experiencing.
Tim Cockroft, CEO of N+1 Singer said: “We are pleased to further commit to the relationship with Torstone. Our company remains at the forefront of UK plc, providing equity for the growth of the small and mid-cap sector. In order to maintain our competitive edge, we need reliable, efficient and scalable systems such as Torstone’s Inferno.”
Torstone’s CEO, Brian Collings, added: “We recognise the pressures that firms in this sector are facing, as compliance with new regulation, such as MiFID II, continues to dominate the landscape. This makes it more important than ever to ensure that the middle and back office function is optimised and automated.”
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