Torstone Technology has doubled the size of its London office to cater for European growth over the course of the past year and through 2019.
The expansion follows Torstone’s entrance into new markets and is part of its broader ambitions for growth in Europe, Asia, and, more recently, North America.
This follows Torstone’s recent growth of over 50 percent in revenue year on year, which fuelled the hiring of over 50 percent more staff in Europe and globally in 2018.
The company said it has a strong presence in Europe, currently servicing clients in the UK, Germany, the Netherlands and Norway.
Additionally, they are looking to expand further into Scandinavia as well as France, Belgium, Spain, Italy, Portugal, Luxembourg and Switzerland.
Meanwhile, several senior appointments have been made across product development, professional services, support and sales functions.
This includes the appointment of Jean-Jacques Cuerq, who joins to focus on growth in key European markets, based in France.
He has over 20 years of experience in capital markets including over 10 years as head of post-trade sales, Europe, Middle East and Asia, for FIS.
Brian Collings, chief executive, Torstone Technology, said: “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.”
“During this time of expansion, we remain committed to helping clients reduce their costs, minimise risk, and drive operational efficiency while achieving regulatory compliance.”
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