Percentile, Torstone Integrate Platforms

Partnership aims to enhance risk management automation.

The Walkie Talkie building at 20 Fenchurch Street London
The integration aims to reduce manual processes.

The inclusion of Percentile's risk-focused technology with Torstone's derivatives processing platform creates, the two firms suggest, a front-to-back solution covering risk, middle-office operations, accounting and reporting.

"We constantly hear of disjointed, manual processes in preparing key risk and capital requirements for senior management," says Brian Collings, CEO at Torstone Technology. "This exciting partnership will improve control and reduce this complexity for our clients. In today's highly regulated landscape there is immense pressure from regulators to ensure consistent risk and financial numbers. Having technology in place which ensures this, on an ongoing basis, will improve operating efficiency."

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