Saturday, July 27, 2024
23.5 C
New York

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.

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

Morgan Stanley buys stake in UK business payments start-up Sokin

Key Points:Acquisition Details:Morgan Stanley has acquired a...

New wealthtech start-up Waltz launches US real estate investment platform

Key Points:Launch Objective:Enable foreign investors to invest...

HSBC India partners with Open Financial Technologies to launch FinConnect for business clients

Key Points:Partnership Objective:Simplify payment processes for HSBC's...

FCA issues new guidelines to ensure cash access for consumers and small enterprises

Key Points:Objective:Ensure "reasonable access" to cash deposit...

Social trading app Shares set to exit UK market

Key Points:Market Exit:Shares is set to exit...

UniCredit set to acquire Aion Bank and BaaS provider Vodeno for €370 million

Key Points:Acquisition Agreement:UniCredit has signed a binding...

Kenya’s Diamond Trust Bank taps Network International for digital payment solutions

Summary of Diamond Trust Bank (DTB) and Network International...

Rabobank taps Zafin to upgrade pricing, billing and invoicing capabilities

Key Points:Partnership Announcement:Rabobank has partnered with Zafin,...

Related Articles

Popular Categories

spot_imgspot_img