Torstone Offers Data Reconciliation In Standalone Product

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Torstone Technology, a provider of post-trade securities and derivatives processing software, is making the data reconciliation functionality of its Inferno system available as a standalone product and plans to spin off other modules in the future.

Inferno Reconciliation is designed to reconcile positions, cash and trades across multiple asset classes. It is intended to help firms meet tighter settlement deadlines.

"Deadlines for failures in terms of settlement are getting tighter and tighter an

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