About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Torstone Technology Names Former MillenniumIT CEO as COO

Subscribe to our newsletter

Mack Gill, former CEO at MillenniumIT, has surfaced at Torstone Technology with the roles of COO and member of the board of directors, and responsibility to drive the company’s post-trade securities and derivatives processing solutions into new regions and market segments. He will also take an operational role in improving and scaling client service and engagement.

Gill led MillenniumIT, a technology subsidiary of the London Stock Exchange Group, for four years before leaving in April this year and joining Torstone in August. He previously spent towards 20 years at Sungard – now FIS – in leadership roles including president of SunGard Technology Services and most recently senior vice president of corporate development and strategy. Gill has been a board director of the International Association for Quantitative Finance for the past 18 years.

Commenting on the appointment and the company’s plans, Torstone CEO Brian Collings says strengthening the board and management team is part of Torstone’s global expansion plan for its Inferno product, which is designed to support high levels of straight through processing for settlement of a wide range of asset classes.

Gill says the post-trade space is one of the most dynamic segments of financial services, with technology innovation shaking up an industry long held back by legacy systems. His aim at Torstone is to help clients create modern, future-proof, post-trade infrastructure.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Solving the problem of integrating beneficial ownership data with client onboarding and KYC systems

Client onboarding and Know Your Customer (KYC) processes are becoming more complex as regulation drives towards the inclusion of beneficial ownership data and requires financial institutions to improve customer due diligence still further. The webinar will discuss the need for beneficial ownership data, how it can be sourced and how it can be efficiently and...

BLOG

DTCC White Paper Offers Plan for Corporate Actions Process

The Depository Trust & Clearing Corp. (DTCC) continues to push its proposals for the transformation of corporate action processing with the release of a blueprint plan that includes proposals for the development of centralised data cleansing and hub-based messaging. Earlier this year, the DTCC launched its Global Corporate Action (GCA) validation service (see RDR, June)...

EVENT

RegTech Summit London

Now in its 10th year, RegTech Summit London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to innovate the compliance function and response.

GUIDE

Corporate Actions USA 2010

The US corporate actions market has long been characterised as paper-based and manually intensive, but it seems that much progress is being made of late to tackle the lack of automation due to the introduction of four little letters: XBRL. According to a survey by the American Institute of Certified Public Accountants (AICPA) and standards...