Torstone Technology, a leading SaaS provider of post-trade securities and derivatives processing solutions, is pleased to announce a strategic partnership with CGS-CIMB Securities, a leading securities house in the Asia-Pacific region.
CGS-CIMB Securities has gone live with Torstone’s award-winning platform as a middle office
replacement solution and continues to work with Torstone to improve automation and provide a
single cloud solution for their Asia-Pacific operations.
This expands the roll-out of Torstone’s platform in the Asian region, and the company is excited
to leverage its strong local teams in Singapore, Hong Kong and Tokyo to support CGS-CIMB
Securities in this endeavour.
“We are thrilled to partner with CGS-CIMB Securities and provide them with our industry-leading
platform,” said Brian Collings, CEO of Torstone Technology. “This partnership shows the
strength of our platform and the value it can bring to firms looking to streamline and consolidate
their post-trade processing operations. We look forward to supporting CGS-CIMB Securities in
their digital transformation journey.”
TK Yap, Group Chief Transformation Officer at CGS-CIMB Securities remarked: “We are
excited to partner with Torstone Technology and to implement their platform as a middle office
solution. The platform’s ability to improve automation and provide a single cloud solution for our
operations will greatly enhance our post-trade processing efficiency and reduce costs. We look
forward to working with Torstone’s experienced local team to achieve our strategic infrastructure
goals.”
This new partnership with CGS-CIMB Securities is a testament to the growing demand for
Torstone’s SaaS solutions in the APAC region. Torstone’s cloud-based platform is known for its
ability to streamline post-trade processing operations, reduce costs, and increase efficiency,
which has made it a popular choice among leading financial institutions in the region.
