The leading global provider of post-trade securities and derivatives processing is one of the few financial technology firms to have achieved this highest level of partner certification, reflecting its significant expertise in developing cloud-based solutions.
Torstone launched its Inferno platform – a cross-asset, post-trade SaaS – for VPC environments in 2013 when it extended its service from in-house hosting to fully managed software as a service (SaaS) availability within a VPC.
As the trading industry began to move to the cloud, Torstone quickly adopted the new paradigm by hosting new client services on the AWS VPC, allowing them to benefit from increased speed of deployment, reliability, agility, and scalability.
Brian Collings, Chief Executive Officer of Torstone, said: “We are proud to have achieved this well-recognized status in the AWS Partner Network and look forward to enhancing our offering to clients through the AWS VPC. This partnership has enabled us to foster a strong relationship with the AWS team globally and further reinforces Torstone’s position at the forefront of cloud technology in post-trade processing.”
In April 2019, Torstone closed a deal to acquire Percentile, a provider of real-time, cloud-based risk and compliance technology to global financial markets. The deal allows the post-trade securities and derivatives processing technology provider to offer a full-service, cross-asset, global post-trade solution which includes risk and compliance.