MainFirst live on Inferno
April 11, 2017

Torstone Technology, a provider of post-trade securities and derivatives processing, says that MainFirst, the independent Germany-headquartered European financial services firm, has completed the migration to Torstone's middle and back office platform, Inferno.

Inferno is Torstone's core post-trade processing platform, a multi-asset, multi-entity system, covering trade capture, confirmation, settlement, accounting and reconciliation. Torstone says it provides a fully integrated, feature-rich user experience for middle and back office staff, increasing straight-through-processing (STP) and reducing manual effort.

MainFirst, a specialisist in equity brokerage, capital markets and asset management, chose to implement Inferno in August 2016. This followed a successful pilot project which demonstrated that Inferno could meet the broker's functional requirements, including German-specific confirmations and transaction reporting, as well as connectivity to Deutsche Boerse. MainFirst went live in March 2017, migrating all post-trade processing away from the incumbent third-party system.

Michael Lange, Partner, Head of Operations, MainFirst said: "Inferno provides us with a flexible, scalable solution that enables us to effectively grow our business and respond to evolving market and regulatory requirements. The integrated nature of the system has helped to streamline our back office operations process, as we can now operate through a single, unified user interface."

Jonny Speers, Global Head of Sales, Torstone said: "MainFirst is our first client in Germany, so the project included a number of market-specific enhancements, in addition to the standard configuration and deployment of the system. The combined team of Torstone and MainFirst worked very well together, ensuring an on time, on budget delivery."





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Torstone Technology, a provider of post-trade securities and derivatives processing, says that MainFirst, the independent Germany-headquartered European financial services firm, has completed the migration to Torstone's middle and back office platform, Inferno.

Inferno is Torstone's core post-trade processing platform, a multi-asset, multi-entity system, covering trade capture, confirmation, settlement, accounting and reconciliation. Torstone says it provides a fully integrated, feature-rich user experience for middle and back office staff, increasing straight-through-processing (STP) and reducing manual effort.

MainFirst, a specialisist in equity brokerage, capital markets and asset management, chose to implement Inferno in August 2016. This followed a successful pilot project which demonstrated that Inferno could meet the broker's functional requirements, including German-specific confirmations and transaction reporting, as well as connectivity to Deutsche Boerse. MainFirst went live in March 2017, migrating all post-trade processing away from the incumbent third-party system.

Michael Lange, Partner, Head of Operations, MainFirst said: "Inferno provides us with a flexible, scalable solution that enables us to effectively grow our business and respond to evolving market and regulatory requirements. The integrated nature of the system has helped to streamline our back office operations process, as we can now operate through a single, unified user interface."

Jonny Speers, Global Head of Sales, Torstone said: "MainFirst is our first client in Germany, so the project included a number of market-specific enhancements, in addition to the standard configuration and deployment of the system. The combined team of Torstone and MainFirst worked very well together, ensuring an on time, on budget delivery."



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