ITI Capital Integrates Torstone’s Post-Trade Platform

The cloud-based technology will manage processes including capturing trades, confirmation, settlements, accounting, corporate actions, reconciliation and regulatory reporting. The middle- and back-office infrastructure will be integrated with ITI Capital’s front office and will offer the ITI Group a single user interface for managing post-trade operations. ITI Capital was formed in conjunction with the acquisition of multiple portfolio firms, under the ITI Group umbrella. Following a review process, the parent group decided to introduce flexible and scalable technologies that can operate across its various business streams.

“It allows us to simplify what we do and by introducing the ITI Group to a single platform it greatly improves our controlled environment,” says Max Hayden, CEO of ITI Capital. “It also gives us a platform to build out some of the business ambitions we have, coming from the global footprint that the ITI Group is looking to develop.”

ITI Capital is looking to integrate various technologies which will complement and synchronize with the Inferno platform. The brokerage firm aims to expand its global reach, develop its finance business lines and extend its client base within the hedge fund and professional trading communities.

“The global aspect and the cross-asset side of the products they sell to their clients were two of the very key points for their decision,” explains Brian Collings, CEO of Torstone. “They were also looking for something that was flexible, where future products could be pulled together. They needed something that was future proof.”

The integration process of the Inferno platform began six-to-seven weeks ago and is currently ongoing. The Torstone project team has been deployed to collaborate with ITI Capital and assist in the integration process. The technologies are set to be rolled out over the coming months.