Torstone Technology

What Torstone Technology does

Torstone Technology was a provider of cloud-based post trade processing software for financial institutions. Following its acquisition by FIS (Fidelity National Information Services), the company was absorbed into FIS's product portfolio and rebranded as the FIS Post Trade Processing Platform (formerly Torstone). The entity no longer operates independently.

The platform is a cloud-based SaaS offering delivering real-time cross-asset post trade processing on a single integrated system. It supports equities, funds, fixed income, money markets, FX, commodities, listed and OTC derivatives, and tokenized assets. Core functional modules span middle-office processing, accounting, settlement, securities lending, corporate actions, collateral management, and treasury operations. Technical architecture is built around an open API design for integration with existing systems, a configurable rules engine to adapt to regulatory and market changes, and a monthly release cadence that eliminates client-side upgrade burden. The platform connects to leading front-office trading platforms and all major markets.

The business model is a subscription-based SaaS revenue stream distributed through an enterprise field sales motion targeting banks, broker-dealers, and asset managers globally. Pricing is not publicly disclosed; engagement is driven through "Connect with sales" CTAs indicating quote-based enterprise contracts. No customer logos, headcount, ARR, or standalone revenue figures are publicly available for the Torstone product line.

Name

Torstone Technology

Legal name

Torstone Technology

Website

https://torstonetechnology.com

Company type

Private

Founded year

2011

Operating status

Acquired

Headcount range

11–50 employees

Short description

Torstone Technology provided cloud-based post trade processing software for financial institutions. Acquired by FIS and rebranded as the FIS Post Trade Processing Platform, the platform serves banks, broker-dealers, and asset managers with cross-asset trade processing.

Ownership category

akta.pro rank

Product category

Post Trade Processing Software

NAICS

Securities and Commodity Exchanges (52321), Investment Banking and Securities Intermediation (52315), Securities and Commodity Exchanges (5232)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Multi-Asset Trading Networks / Interdealer Broker Platforms (FSAFAEAJ)

akta.pro secondary industries

Government Bond (Sovereign) Trading Platforms (FSAFACAA), Corporate Bond Trading Platforms (FSAFACAB), Fixed Income Electronic Trading Platforms (Bonds/Credit) (FSAFANAB)

Keywords

• Post trade processing
• Securities processing software
• Derivatives processing
• Cross-asset platform
• Middle-office software

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. SaaS Platform Subscription: Cloud-based SaaS platform delivered as subscription model with monthly releases, providing post trade processing capabilities to financial institutions

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Torstone Technology provides a cloud-based SaaS post trade processing platform for financial institutions. The platform processes securities and derivatives across multiple asset classes (equities, funds, fixed income, money markets, FX, commodities, listed and OTC derivatives, and tokenized assets), integrating middle-office operations, accounting, settlement, securities lending, corporate actions, collateral management, and treasury functions on a single platform.

Product overview

The FIS Post Trade Processing Platform (formerly Torstone) is a single unified cloud-based SaaS platform for post trade operations. The core platform integrates middle-office processing, accounting, settlement, securities lending, corporate actions, collateral management, and treasury functions into one system. The platform supports cross-asset processing including equities, funds, fixed income, money markets, FX, commodities, listed and OTC derivatives, and tokenized assets. Key differentiators include regular monthly software updates, open API architecture for integration, and a configurable rules engine.

Differentiator

Problem solved

Functional benefit

Products and services

• FIS Post Trade Processing Platform (formerly Torstone) Award-winning cross-asset post trade SaaS platform that processes securities and derivatives, providing real-time trade processing, middle-office operations, accounting, settlement, securities lending, corporate actions, collateral management, and treasury functions on a single integrated cloud-based platform. Supports equities, funds, fixed income, money markets, FX, commodities, listed and OTC derivatives, and tokenized assets. Targeted at banks, broker-dealers, asset managers, and other financial institutions.

Quantifiable outcome

• Regular monthly releases eliminate costly and time-consuming upgrades

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Leading Front-Office Trading PlatformscoreTechnology or IntegrationThe platform connects to leading front-office trading platforms enabling seamless integration and efficient trade processing across the trading lifecycle. Integration facilitates smooth migration and future systems evolution.

Recent moves5 records

Expansion highlights4 records

Direct peers

• Murex: Provides cross-asset trading, post-trade processing, risk management and collateral systems to capital markets firms. Murex's integrated platform competes head-on with Torstone in fixed income, derivatives and FX post-trade workflows.
• SS&C Technologies: Provides post-trade, middle-office, accounting, securities processing and fund administration software to financial institutions globally. SS&C's post-trade and reconciliation capabilities overlap directly with Torstone's integrated middle-office, settlement and corporate actions stack.
• Calypso Technology (Adenza): Cross-asset front-to-back capital markets platform covering trading, processing, risk, collateral and treasury. Highly comparable to Torstone in multi-asset coverage (including tokenized assets) and target customer base of banks and capital markets participants.
• Finastra: Major financial software vendor covering capital markets, retail and treasury operations. Finastra's capital markets and post-trade capabilities, including FusionCapital, compete with Torstone for the same bank and broker-dealer clients seeking integrated multi-asset processing.
• Broadridge Financial Solutions: Largest independent post-trade processing vendor for securities and derivatives, offering multi-asset processing, middle-office, settlement, and corporate actions services to banks, broker-dealers and asset managers — directly comparable in product scope and customer base to Torstone/FIS Post Trade Processing Platform.

Broad incumbents

• Euroclear: International central securities depository providing settlement, safekeeping and post-trade services for cross-border securities transactions. Euroclear is a market infrastructure incumbent defining cross-border post-trade workflows that Torstone integrates with for global clients.
• DTCC (Depository Trust & Clearing Corporation): Operates central post-trade infrastructure for the U.S. securities market including clearing, settlement and asset servicing. DTCC is a market infrastructure incumbent rather than a software vendor, but its services define the workflows that Torstone's platform must integrate with and compete alongside.
• Tata Consultancy Services (TCS) BaNCS: TCS offers BaNCS for Capital Markets, including post-trade, securities processing and corporate actions. As a large IT services and software incumbent, TCS competes broadly with Torstone across banks and capital markets clients, though it is broader than a pure post-trade vendor.
• FIS (Fidelity National Information Services): Parent company of Torstone and a tier-1 financial technology incumbent with broad post-trade, securities processing, banking and payments offerings. FIS as a whole is the broader portfolio within which Torstone now operates, with overlapping and adjacent capabilities.

Regional players

• Clearstream (Deutsche Börse): Post-trade services provider for securities settlement, clearing and collateral across European and international markets. Operates regional infrastructure adjacent to Torstone's target client workflows and serves the same broker-dealer and asset manager customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/TorstoneTech
• Facebookfacebook.com/FIStoday
• LinkedInlinkedin.com/company/2324186

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Torstone Technology