Torstone Technology - About the company
Torstone Technology is an acquired company based in London (United Kingdom), founded in 2012. It operates as a Middle and back office solution for financial institutions. The company has 62 active competitors, including 14 funded and 17 that have exited. Its top competitors include companies like KFin Technologies, Upvest and ION Group.
Company Details
Torstone Technology provides a multi-asset post-trade processing platform. It helps the institutions with data management, client management, security, and accounting. The offerings include Collateral Management, OTC Documentation Management, Stock Borrows, Enterprise Data, and Profit and Loss Consolidation. It also provides services like hosting, consultancy, support, and development and integration etc.
- Website
- torstonetechnology.com
- Email ID
- *****@torstonetechnology.com
- Phone Number
- +44 **********
- Registered Address
- 8 Lloyd's Avenue, Lloyd's Avenue, London, England
Key Metrics
Founded Year
2012
Location
London, United Kingdom
Stage
Acquired
Ranked
20th among 62 active competitors
Employee Count
64 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by FIS (Feb 27, 2024)
Legal entities associated with Torstone Technology
Torstone Technology is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Torstone Technology Limited CIN: 07490275 , United Kingdom, Active | Jan 11, 2011 | - | 95 (As on Jan 31, 2022) |
Torstone Technology's acquisition details
Torstone Technology got acquired by FIS on Feb 27, 2024.
Click here to take a look at Torstone Technology's acquisition in detail
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Torstone Technology's funding and investors
Torstone Technology has not raised any funding rounds yet.
Torstone Technology's founders and board of directors
Founder? Claim ProfileTorstone Technology's employee count trend
Torstone Technology has 64 employees as of May 26. Here is Torstone Technology's employee count trend over the years:
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Torstone Technology's Competitors and alternates
Top competitors of Torstone Technology include KFin Technologies, Upvest and ION Group. Here is the list of Top 10 competitors of Torstone Technology, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | KFin Technologies 2017, Hyderabad (India), Public | App-based platform for investments in mutual funds | $42.1M | 76/100 | |
2nd | Trade management suite for fiat and digital assets | $287M | 69/100 | ||
3rd | ION Group 1998, New York City (United States), Late Stage | Treasury management solutions for financial institutions and banks | $400M | 67/100 | |
4th | Capitolis 2016, New York City (United States), Series D | Offers trade management solutions for investors | $358M | 67/100 | |
5th | Genesis Global 2015, London (United Kingdom), Series C | Cloud based low code application development platform | $268M | 66/100 | |
6th | Virtu 2008, New York City (United States), Public | Suite of solutions for managing trade-related processes | - | 66/100 | |
7th | Finastra 2017, London (United Kingdom), Funding Raised | Provider of financial software solutions for lending, payments, and universal banking | - | 63/100 | |
8th | PrimaryBid 2012, London (United Kingdom), Series C | Provider of a capital markets technology platform | $254M | 60/100 | |
9th | SunGard 1982, Wayne (United States), Acquired | Enterprise Software | - | 55/100 | |
10th | EquiLend 2001, New York City (United States), Acquired | Provider of securities finance technology and data solutions | - | 54/100 | |
20th | Torstone Technology 2012, London (United Kingdom), Acquired | Middle and back office solution for financial institutions | - | - | 40/100 |
Looking for more details on Torstone Technology's competitors? Click here to see the top ones
Torstone Technology's Investments and acquisitions
Torstone Technology has acquired Percentile. Torstone Technology has not made any investments as of now.Reports related to Torstone Technology
Here is the latest report on Torstone Technology's sector:
News related to Torstone Technology
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Neil Mardon joins Torstone TechnologyAsset Servicing Times•Jun 20, 2023•Torstone Technology, Scotiabank
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Torstone continues APAC platform rolloutAsset Servicing Times•Jun 15, 2023•CGS-CIMB, Torstone Technology
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Sam Farrell joins Torstone as head of North AmericaFinextra•Mar 16, 2023•Torstone Technology, RBC Royal Bank, UBS
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Davy Capital Markets selects Torstone for post-tradeFinextra•Aug 24, 2022•Torstone Technology, Davy Group
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Torstone Technology expands Japanese business with new senior hireFintech Finance•Jun 06, 2022•Torstone Technology, Interactive Brokers
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Tower Research chooses Torstone for post-trade servicesFinextra•May 18, 2022•Tower Research Capital, Torstone Technology
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