21 October 2017
Find out more

Torstone Technology expands offering into US

12 October 2017  |  2276 views  |  0 Source: Torstone Technology

Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announces that Peel Hunt, an independent corporate broking, advisory and trading house focusing on mid & small-cap companies, is expanding its use of Inferno for its US business, Peel Hunt Inc.

In signing a multi-year deal to use Inferno, Peel Hunt now has more flexibility to develop its US business and respond more quickly to client and market requirements. Inferno is a flexible, modern, cost-effective platform which will allow Peel Hunt to run its operations efficiently and with reduced operational risk. The system is also scalable which means that Torstone Technology can quickly respond to any subsequent requirements that Peel Hunt may have as it expands its operations in the US market.

Commenting on the deal, Sunil Dhall, Chief Finance and Operating Officer, at Peel Hunt said: “We are pleased to be expanding our partnership with Torstone Technology to support our US business, having used Inferno for over 7 years within Peel Hunt. This extension of our relationship is a testament to Torstone Technology’s simple implementation of their cost-effective and flexible technology enabling us to run our post-trade operations efficiently.”

Torstone’s CEO, Brian Collings commented: ‘The extension of our offering to support clients with US operations is a key component of our global growth strategy. We look forward to further strengthening our relationship with Peel Hunt and to developing our solution to further ease the firm’s ability to operate in the US market.”

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comvisit www.vasco.comvisit www.innotribe.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
8777 views comments | 22 tweets | 26 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8612 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
7701 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7169 views comments | 10 tweets | 22 linkedin
Eight banks form joint venture to launch blockchain trade platformEight banks form joint venture to launch b...
6777 views comments | 14 tweets | 23 linkedin

Featured job

Find your next job