Torstone Technology opens new Toronto office 29 October 2019Toronto Reporter: Jenna Lomax
Image: Shutterstock
Torstone Technology has opened a new office in Toronto to support its growing base of North American clients.
The announcement comes after Credit Suisse Canada selected Torstone’s post-trade processing platform to replace its existing third-party outsourced operations to support its institutional equities business.
It provides a fully integrated user experience for risk managers, middle- and back-office staff.
According to Torstone Technology, the platform increases straight-through processing and reduces manual effort.
Brian Collings, chief executive of Torstone Technology, said: “Our Toronto office will allow us to expand our capacity to help Canadian banks and brokers to reduce their total cost of ownership, minimise risk, and drive operational efficiency while achieving regulatory compliance.”
He added: “We will also leverage our Toronto team to support our overall North American business expansion and augment our global client support model.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 