Torstone Adds OTC Derivatives Reporting Module to Inferno

img-0443
Brian Collings, Torstone Technology

Inferno is Torstone's post-trade processing software-as-a-service (SaaS) for mid-sized institutions.

Torstone developed the technology based around the open industry standard FpML messages for OTC products. Trades can be fed in real time or uploaded automatically at the end of the day. Data feeds from multiple front office systems are consolidated so that all the uploaded OTC details are viewable within the one system.

The new module is provided as an integrated part of Inferno or as a standalone module.

"We have done the technical ground work as well as what we believe is necessary for EMIR reporting and are in the final stages of meeting the more stringent Dodd Frank reporting, already fulfilling the requirement to report the trades in real time and provide trade workflows such as tracking confirmation status," says Brian Collings, CEO of Torstone Technology. "We'll be working with clients to understand additional requirements such as reporting common agreed trade identifiers between the OTC participants and end of day position reporting."

Torstone's technology has been fully tested with DTCC's GTR and is transferable to other GTRs, such as Regis-TR.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Waters Wrap: The tough climb for startups

Anthony speaks with two seasoned technologists to better understand why startups have such a tough time getting banks and asset managers to sign on the dotted line.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here