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FIS acquires post-trade platform Torstone Technology

The TRADE

The firm has also made waves through a number of other bolt-on acquisitions and landmark mandates. Some of its major recent mandates include a 10-year agreement to provide post-trade technology to BNP Paribas and $1.5 A spokesperson for FIS said the firm does not comment on market rumour or speculation.

Trading 109
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The TRADE’s most read stories of 2024, part one: M&A, quant moves, and outsourced trading remits

The TRADE

FIS acquires post-trade platform Torstone Technology Coming in at number 10 in our 2024 most read countdown was a major merger and acquisition scoop announced at the start of the year. As revealed by The TRADE and sister publication Global Custodian in February, fintech giant acquired SaaS post-trade platform Torstone Technology.

M&A 52