Sunday, December 22, 2024

Ireland’s Davy Capital Markets taps Torstone for its post-trade platform

  • Davy Capital Markets taps Torstone for post-trade processing.
  • The Torstone Post Trade Platform is now live for Davy, managing €16 billion in client assets.
  • The cloud-based platform offers features for post-trade reconciliations, regulatory reporting, and general ledger accounting.
  • Davy aims to provide the highest service levels, automation, and efficiency to corporate clients in Ireland and the UK.
  • The partnership started in August last year, with the recent deployment meeting evolving industry demands.
  • Torstone CEO, Brian Collings, highlights the platform’s flexibility and scalability in the ever-changing financial landscape.
  • Torstone Technology, headquartered in London, is a Software-as-a-Service (SaaS) vendor for post-trade securities and derivatives processing.
  • Torstone’s clientele includes Credit Suisse, Saxo Bank Japan, N+1 Singer, and MainFirst Bank.

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