Japan's Saxo Bank picks Inferno
October 4, 2017

Torstone Technology, a global provider of post-trade securities and derivatives processing, says that that Saxo Bank Securities Ltd, the investment and trading specialist, has selected Inferno to replace the bank's legal ledger and comply with regulatory reporting requirements in Japan. 

Torstone says Saxo Bank Japan will initially use InfernoRC to bring greater efficiencies to its post-trade reporting processes and is looking to add additional Inferno features in future phases. Inferno is a modular solution, giving organizations the opportunity to incrementally deploy components, as part of a phased migration to a complete middle and back office solution.  

Brian Collings, CEO, Torstone Technology, said: "Japan is a key market for us and we are continuing to invest and expand our offering there. To be chosen to support Saxo Bank with its regulatory reporting obligations and to provide the bank's legal ledger plays to both our strength in the country and our expertise in regulatory reporting."

Ren Kuroda, Chief Operating Officer, Saxo Bank Japan, added: "Torstone's local presence and expertise in Japan were critical factors in the awarding of this contract to replace our existing legal ledger system."





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Torstone Technology, a global provider of post-trade securities and derivatives processing, says that that Saxo Bank Securities Ltd, the investment and trading specialist, has selected Inferno to replace the bank's legal ledger and comply with regulatory reporting requirements in Japan. 

Torstone says Saxo Bank Japan will initially use InfernoRC to bring greater efficiencies to its post-trade reporting processes and is looking to add additional Inferno features in future phases. Inferno is a modular solution, giving organizations the opportunity to incrementally deploy components, as part of a phased migration to a complete middle and back office solution.  

Brian Collings, CEO, Torstone Technology, said: "Japan is a key market for us and we are continuing to invest and expand our offering there. To be chosen to support Saxo Bank with its regulatory reporting obligations and to provide the bank's legal ledger plays to both our strength in the country and our expertise in regulatory reporting."

Ren Kuroda, Chief Operating Officer, Saxo Bank Japan, added: "Torstone's local presence and expertise in Japan were critical factors in the awarding of this contract to replace our existing legal ledger system."



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