Torken

What Torken does

Torken is a Paris-based IT consulting firm founded in 2001 as a spin-off from a major global insurance and finance player, exclusively serving the banking, insurance, and credit sectors. The company provides project-based consulting services spanning regulatory compliance (Solvency II, Basel III, IFRS 17, IFRS 9), ALM, financial risk management, actuarial services, and AMOA/AMOE support, staffed entirely by senior or confirmed consultants with an average of 14 years and 7 months of operational experience. Torken targets enterprise clients including major French banks, insurance groups, mutuals, private banks, and central banks, with a stated focus on complex, high-risk projects that larger generalist firms decline.

The firm complements its advisory practice with three proprietary software products: TRM (Torken Risk Management), a Full Web ALM and regulatory reporting platform; HISE, an Excel process encapsulation and automation tool; and CRYPTO Engine, an in-memory encryption platform. Revenue is generated through professional services engagements and software licensing, with quote-based pricing tailored to project complexity. Torken operates in France, Southern Europe, and Africa, marketing itself primarily through direct enterprise engagement and reputation-driven referrals, with 300+ projects completed since inception serving as the primary reference credential.

Name

Torken

Legal name

TORKEN SAS

Website

https://torken.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Torken is a Paris-based IT consulting firm founded in 2001, specializing in regulatory compliance, ALM, and financial risk management for enterprise banking, insurance, and credit institutions across France, Southern Europe, and Africa.

Ownership category

akta.pro rank

Product category

Financial Risk Management Consulting

NAICS

Computer Systems Design and Related Services (54151), Other Computer Related Services (541519)

SIC

Services-Management Consulting Services (8742), Services-Computer Programming Services (7371)

akta.pro primary industry

Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE)

akta.pro secondary industry

Fraud Risk & Financial Crime Controls Advisory (BPAKADAL)

Keywords

• Financial risk consulting
• Regulatory compliance advisory
• ALM risk management software
• Insurance actuarial consulting
• Banking IT consulting

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Consulting Services: Project-based consulting engagements providing expertise in banking, insurance, and credit sectors. Services include AMOA/AMOE assistance, regulatory compliance consulting, ALM and financial risk management, actuarial services, and technical accounting support. Engagements target complex projects where Torken delivers high added value.
2. Software Solutions (TRM, HISE, CRYPTO Engine): Licensing and deployment of proprietary software solutions including TRM (Torken Risk Management) for ALM and risk management, HISE for Excel process automation, and CRYPTO Engine for information encryption and security.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Torken provides specialized IT consulting and proprietary software solutions to banks, insurance companies, mutuals, and credit institutions. Its core offerings include project-based advisory services (regulatory compliance, ALM, financial risk management, actuarial services, technical accounting, AMOA/AMOE) and three proprietary products: TRM for ALM/risk analysis, HISE for Excel process automation, and CRYPTO Engine for data encryption and access control.

Product overview

Torken is a consulting and solutions company focused on the Insurance, Banking, and Credit sectors. Its product portfolio consists of three proprietary solutions: (1) TRM (Torken Risk Management) - a comprehensive ALM and risk analysis platform; (2) HISE - an Excel process encapsulation/robotization solution; and (3) CRYPTO Engine - an encryption and information security platform. These solutions are complemented by consulting services including actuarial expertise, regulatory compliance (Solvency II, IFRS 9, IFRS 17), project management, and IT consulting.

Differentiator

Problem solved

Functional benefit

Brands

• TRM (Torken Risk Management): Complete ALM and financial risk analysis solution - Full Web platform for risk analysis, control, reporting, and regulatory compliance (LCR, NSFR, AER, FPE, Anacredit). Deployed in private banks, financing banks, credit institutions, and industrial groups.
• HISE
• CRYPTO Engine

Products and services

• TRM (Torken Risk Management) A complete ALM and financial risk analysis solution (Version 5.5, Full Web) that provides secure, automated, simplified, documented, and fully auditable risk analysis and control processes. Deployed in private banks, financing banks, credit institutions, and industrial groups, supporting data integration, risk indicator management, and regulatory/internal reporting production (LCR, NSFR, AER, FPE, Anacredit).
• HISE (Hise for Excel Encapsulation) A solution that encapsulates Excel-based business processes, allowing operational teams to continue capitalizing on their existing Excel tools while ensuring process control, task sequencing automation, and complete data/tool security. Addresses gaps in security, documentation, traceability, and data preservation for shared Excel processes across any business domain.
• CRYPTO Engine An encryption platform providing total information security through robust encryption, periodic encryption key renewal, and precise individual access control binding users to MAC addresses. Generated encryption/decryption modules execute without configuration, in memory, leaving no traces on the machine.

Quantifiable outcome

• 300+ projects completed successfully since 2001
• +2 more outcomes

Named customers17 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Accenture: Global professional services firm with a large Financial Services practice covering risk, regulatory compliance, and technology transformations across banks and insurers worldwide. Overlaps broadly with Torken's regulatory and risk consulting offering, but as a global incumbent.
• BearingPoint: European-origin management and technology consultancy with strong financial services depth in risk, regulatory, and compliance across banks and insurers. Comparable to Torken's risk and regulatory advisory work, particularly in European markets, at larger scale.
• Deloitte: Big-4 professional services firm with deep financial services consulting, risk advisory, and regulatory compliance practices serving global banks and insurers. Comparable to Torken in regulatory and risk advisory scope for financial institutions, but at vastly greater scale and breadth.
• Capgemini: Global consulting and IT services leader with a substantial Financial Services practice covering risk, regulatory compliance, and banking operations across Europe. Overlaps with Torken's banking/insurance risk and regulatory consulting footprint but as a large, multi-vertical incumbent.
• Sopra Steria: Major European IT services and consulting firm with a dedicated financial services vertical serving banks and insurers on regulatory, digital, and core-banking programs. Comparable to Torken in serving European banks/insurers on regulatory and risk projects, but as a broad incumbent rather than a boutique specialist.

Direct peers

• Adenza (formerly Calypso Technology): Provider of capital markets and risk management software (Calypso platform) used by banks for ALM, liquidity, and regulatory reporting. Directly comparable to Torken's TRM product positioning in mid-sized and large financial institutions, though Adenza is significantly larger and globally deployed.
• Sword Group: French-headquartered IT services and software vendor with a financial services vertical focused on risk, regulatory, and digital transformation for banks and insurers. Comparable to Torken in its niche French-rooted, financial-services-focused IT consulting and proprietary software model.
• Wavestone: French-origin consulting firm with a strong financial services practice (risk, regulatory, core banking transformations). Comparable to Torken as a French-headquartered advisor serving banks and insurers on complex regulatory and operational projects, though Wavestone is significantly larger.
• Murex: Paris-headquartered vendor of capital markets, treasury, and risk management software (MX.3 platform). Comparable to Torken's TRM offering for ALM, LCR/NSFR, and regulatory reporting across banks and financial institutions, though at significantly greater scale.
• Sia Partners: Paris-based management and technology consulting firm with deep financial services coverage including risk, regulatory compliance, and banking/insurance operations. Directly comparable to Torken in its French-rooted, financial-services-specialized consulting model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

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&A

Investments

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

Frequently asked questions about Torken