Irish capital markets firm Davy Capital Markets has gone live on Torstone Technology’s post trade platform for both middle and back office processing, bolstering its operational efficiency and regulatory compliance.
The Torstone post trade platform features regulatory reporting, general ledger accounting, reconciliations, and CREST, Sub-Agent, and Euroclear Ireland settlement, designed to streamline post-trade processes for financial institutions.
Brian Collings, CEO of Torstone Technology. said: “At Torstone, we believe in growing with our clients’ business ambitions, and this successful deployment is evidence to that commitment. We look forward to continuing our partnership with Davy Capital Markets as they evolve and grow, providing them with the flexible, scalable solution they need to meet their clients’ demands and stay ahead in the ever-changing financial landscape.”
Allison Connolly, head of capital markets operations at Davy Capital Markets, said: “Our decision to deploy the Torstone Post Trade Platform underscores our commitment to providing our clients with the highest levels of service, automation and efficiency. With this innovative SaaS platform in place, we are confident in our ability to meet the evolving demands of the financial industry.”
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