Peel Hunt Picks Torstone Technology for MiFID II Solution
Torstone’s InfernoRC module will be used to meet MiFID II’s transaction reporting requirements.
Torstone, a London-based post-trade securities and derivatives processing provider, announced in March that it was live-testing the module with clients. InfernoRC provides for MiFID II’s wider range of financial instruments and disclosure of mandatory data. The module sources and validates data, as well as accounting for data security, privacy and quality requirements. It also enables transaction reporting to multiple ARMs.
Peel Hunt’s chief financial and operating officer, Sunil Dhall, says
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