Torstone Technology, a provider of securities and derivatives processing software to the global financial markets, is opening a Singapore office.
In response to increasing customer demand, setting up a local Singapore office will enable Torstone to provide multi-asset post-trade processing technology to local brokers and investment banks in the region.
This further underlines the company’s continued commitment and expansion in Asia following Torstone’s success in Tokyo, Hong Kong and Myanmar.
Brian Collings, CEO of Torstone Technology, says: “Through the continued globalisation of markets, we’re seeing a marked increase in demand for new, more flexible solutions. The multi-asset capabilities of Inferno make it ideally placed to respond to this demand, help firms broaden their product coverage and at the same time drive greater efficiencies in post-trade processing. Delivering our modern technology in a hosted environment or secure virtual cloud offers cost-efficient and obsolescence-proof solutions to local brokers. Our flexible technology also allows larger clients to host themselves.”