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FIS acquires post-trade platform Torstone Technology

The TRADE

The deal will further bolster FIS’ capital markets technology offering, having acquired SunGard in a major deal back in 2015. Some of its major recent mandates include a 10-year agreement to provide post-trade technology to BNP Paribas and $1.5

Trading 111
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The TRADE’s most read stories of 2024, part one: M&A, quant moves, and outsourced trading remits

The TRADE

The deal will further bolster FIS capital markets technology offering, having acquired SunGard in a major deal back in 2015. Torstone is a global SaaS platform for post-trade securities and derivatives processing technology, originally built by and for a global investment bank.

M&A 52