05.02.2019

Torstone Becomes AWS Financial Services Competency Partner

05.02.2019

Torstone Technology, a leading global provider of post-trade securities and derivatives processing, today announced that it has been granted the status of Financial Services Competency Partner in the Amazon Web Services (AWS) Partner Network. Torstone 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 was an early adopter of the AWS secure Virtual Private Cloud (VPC), having launched its Inferno platform 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. Now, Torstone’s status as an AWS Financial Services Competency Partner is testament to its years of success in engineering Inferno to utilise VPC technology to provide security and availability to its clients.

Inferno is a cross-asset, post-trade SaaS platform with flexible global deployment that supports fully cloud-hosted solutions.

In recent years, the financial services industry has increasingly come to view the cloud as the preferable infrastructure of choice. As such, Torstone hosts new client services on the AWS VPC, allowing them to benefit from increased speed of deployment, reliability, agility, and scalability.

Commenting on the announcement, Brian Collings, CEO, Torstone said: “We are proud to have achieved this well recognised 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.”

Source: Torstone Technology

Related articles

  1. Aim is to enable scale, agility, and access to the latest capabilities via the cloud.

  2. Cloud infrastructure enables adaptation to emerging technologies such as generative AI.

  3. This accelerates the release of BNY Mellon's data and analytics cloud-based Software-as-a-Service offering.

  4. Cloud computing

    The new infrastructure delivers up to a 10% improvement in latency and more seamless adjustment of capacity.

  5. Following recent acquisitions, LSEG replaced its 17 legacy finance systems with Oracle applications.