Torstone Technology is aiming to simplify post-trade processing by offering a new post-trade platform.
According to Torstone, the firm is reinforcing who they are as an independent company driving change.
As part of the rebrand, Torstone aims to reduce their costs, achieve greater control, minimise risk, ensure compliance, and drive operational efficiency.
For the second Markets and Financial Instruments Directive (MiFID II), Torstone added the platform Inferno to help clients comply with the expanded scope of the transaction reporting obligations.
Torstone has also grown the firm, entering into new markets including the Nordics, Germany and Japan.
Brian Collings, chief executive at Torstone, said: “Torstone has always strived to provide customers with the best post-trade solutions while maintaining a consistently high level of customer service.”
He added: “We redesigned our corporate brand identity to reflect who we are today and to symbolise our dynamic and unswerving commitment to the industry and our customers, ensuring our solutions can meet their needs today and in the future.”
Payal Raina, global head of marketing at Torstone, commented: “Growing competition, increasing regulatory pressure and tightening margins mean sell-side firms must find new ways to do more with less. Our customers are constantly striving to control costs, drive growth and improve business performance, all while maintaining regulatory compliance.”
She added: “As a customer-centric business we look forward to continuing to develop our services to further simplify the complexities of post-trade through technology innovation, allowing firms to focus on their core services and spend more time with clients.”
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