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.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Coastal Bank Partners with Tempo to Strengthen Cross-Border Money Transfers

The partnership aims to enhance international money movement solutions. Highlights: Coastal Bank has partnered with Tempo for improved cross-border...

Lloyds Accelerates Homebuying with Fully Digital Service

New platform aims to reduce waiting times for mortgage approvals. Highlights: Lloyds introduces a fully digital homebuying service.Service aims...

AI in Fintech: Revolutionizing the Financial Industry

AI in fintech is changing how financial services operate. It's more than just a buzzword; it's a powerful...

Revolut $200B Valuation: What It Means for Fintech Investors

The Revolut $200B valuation has captured the attention of fintech investors worldwide. This massive figure highlights Revolut's explosive...