back Back

Numis chooses Torstone’s post-trade platform to meet CSDR obligations

By Leandra Monteiro

January 25, 2022

  • CSDR obligations
  • Derivatives
  • Electronic Trade
Share

NumisTorstone Technology, a global SaaS platform for post-trade securities and derivatives processing, announced that Numis, an independent UK investment bank and corporate adviser has extended its use of the cloud-based Torstone Post Trade platform, to manage their obligations under the Central Securities Depositories Regulation (CSDR).

The Torstone Post Trade platform is a multi-asset, multi-entity cloud-based SaaS solution, covering electronic trade capture, allocation, confirmation, settlement, accounting, risk, corporate actions, reconciliation and regulatory reporting. The platform provides a comprehensive, flexible user experience for middle- and back-office staff, increasing automated straight through processing (STP) and reducing manual effort.

Commenting on the decision, Tim Valmas, Head of Technology at Numis said, “Regulatory preparedness is critical to our business. As CSDR implementation approaches, having a best-in-class solution that meets our obligations and gives us the flexibility to adapt to the regulation as it evolves is vital. As an existing user of Torstone Post-Trade, extending our use of the platform was a natural choice as it suits our needs, ensuring we are fully prepared for the incoming regulation.”

Brian Collings, CEO of Torstone Technology said, “We are delighted that Numis has extended their use of Torstone Post Trade to manage the requirements around CSDR. As this regulation evolves, we remain committed to supporting Numis, and all of our clients, in meeting their regulatory obligations and achieving greater operational efficiency.”

Torstone’s partnership with Numis began in 2019, when Numis onboarded Torstone’s platform for its growing business.

Previous Article

January 25, 2022

Paya partners with Transcard, adding fully integrated accounts payable module

Read More
Next Article

January 25, 2022

Worldline and Scheidt & Bachmann launch a new fuel solution for Europe

Read More







Advertise with us



IBSi Daily News Analysis

payment-- MarPay. Pointspay

May 25, 2022

CSDR obligations

Why are Pointspay and MarPay gaining traction in the payment industry?

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Paddle acquires ProfitWell to automate payments infrastructure for SaaS companies

Read More

Today

Wombat partners with Currencycloud to launch its Instant Investment service

Read More

Today

M1 selects Thought Machine to power The Finance Super App

Read More

Related Reports

Sales League Table Report 2021

£ 1,500.00 / year

Know More
Emerging Technologies in Capital Markets

£ 500.00

Know More
Global Digital Banking Vendor and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2022

£ 1,500.00 / year

Know More
Treasury and Capital Markets Systems Report 2021

£ 1,500.00 / year

Know More