Exciting news in the financial technology industry as FIS announces the acquisition of Torstone Technology, a leading provider of post-trade securities and derivatives processing technology.
Benefits of the acquisition
- Enhanced capabilities: With Torstone’s advanced post-trade processing solutions, FIS will be able to offer a more comprehensive suite of services to its clients.
- Expanded reach: The acquisition will help FIS expand its footprint in the securities and derivatives processing market, allowing the company to serve a larger customer base.
- Increased efficiency: Torstone’s technology is known for its efficiency and scalability, allowing FIS to streamline its operations and provide better service to its clients.
Quotes from industry leaders
“We are excited to welcome Torstone Technology to the FIS family. This acquisition will position us as a leader in post-trade processing and allow us to deliver even more value to our clients.” – CEO of FIS
“Joining forces with FIS will allow us to accelerate our growth and innovation, benefiting both our clients and our employees.” – CEO of Torstone Technology