Tag: Torstone Technology

Key industry voices from Manulife Investment Management, Duco, CLS, DTCC and Torstone Technology delve into the buzz phrase on everyone’s lips as they look to 2024 – the shift to T+1.

This move will allow for quicker and cheaper implementation of the Torstone platform, according to the business.

With the T+1 implementation date less than a year away, Torstone Technology and Chartis Reasearch’s new report highlights the key issues needed to be addressed to ensure a smooth transition.

The TRADE speaks to Mack Gill, chief operating officer and board member of Torstone Technology, about the impact and challenges of T+1, including its influence on liquidity, ETF’s and the increasing adoption of automation.

Participants from Torstone Technology, FlexTrade Systems, Tradeweb, Broadridge Trading and Connectivity Solutions, Appital and FINBOURNE Technology predict that investments in technology will continue to increase as we enter the new year. 

Headcount will increase next year at Torstone Technology after it found industry demand for cloud services has increased throughout 2020.  

With Torstone Technology’s platform, Credit Suisse will consolidate and automate the post-trade operations of its equity trading business in Canada.

David Pearson has previously spent 25 years at Fidessa working on post-trade strategy, and joins the product team at Torstone Technology.

Numis Securities has signed a multi-year contract with Torstone Technology to overhaul its post-trade equities operations.

Credit Suisse will bring its post-trade processes back in-house through its partnership with Torstone Technology.