Inferno hosted on Torstone's servers allowing Panmure to save on hardware
Panmure Gordon, the
British institutional broker, has become the latest broker to
outsource its back office, signing up to Torstone
Technology’s securities and derivatives processing
The system will process
Panmure’s entire post trade flow including trade
capture and settlement along with accounting and
The broker said it
chose inferno because the platform allowed the firm to
consolidate multiple vendor and in-house systems into one back
office platform. It said this had the potential to increase
flexibility and significantly drive down costs.
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