Davy Capital Markets, a member of the Bank of Ireland Group, has agreed to deploy the post-trade platform from Torstone Technology, a UK-based SaaS platform provider for post-trade securities and derivatives processing. The Davy Group has over 800 people managing >EUR16bn (USD16bn) of client assets, with offices in Dublin, London and throughout the island of Ireland.
The Torstone platform is a multi-asset, multi-entity, cloud-based solution, covering electronic trade capture, allocation, confirmation, settlement, accounting, corporate actions, reconciliation and regulatory reporting.