Torstone Expands Inferno Platform with US Module
Module designed to meet demand for offshore products among US domestic clients seeking diversification.
Follow
London-based Torstone Technology is growing its flagship post-trade securities and derivatives-processing system, Inferno, with the addition of a module for international processing for US clients.
The expanded Inferno platform will help domestic US clients to meet the demands of offshore investing and reducing back office costs by automating settlement processes for international trades, reducing settlement risk and improving straight through processing (STP) rates, according to Torstone.
"A changing investment landscape in the US is making tough operational demands of banks and brokers," says Brian Collings, CEO of Torstone Technology. "As they increasingly look to provide their domestic clients with greater variety from offshore and international financial products, many are finding their systems are not set up to accommodate these vehicles efficiently. Inferno will help them to meet this new investor appetite for international exposure."
Inferno won the best implementation category at last year's Sell-Side Technology Awards with its project at Daiwa Capital Markets (Europe).
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 [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Front-Office Tech
Waters Wavelength
Waters Wavelength Podcast: Vendor lock-in and interoperability
James Crosby, founder and CEO of data management firm Fencore, joins the podcast to discuss vendor lock-in and interoperability.
Subscribe to Weekly Wrap emails
Most read
- WatersTechnology Asia Awards 2022: All the Winners
- This Week: Finos, LSEG, Neptune & Genesis, Deutsche Börse & Kaiko, Ice & More
- Project Octopus becomes Octaura, killing BofA’s Instinct platform and Citi Velocity trading protocol
- The angry market data manager: Research finds inconsistent pricing across the buy side
- FactSet blends ML, NLP for predictive data analysis