David Pearson Joins Torstone Technology to Strengthen Products

Torstone Technology, a provider of post-trade securities and derivatives processing, has announced on Thursday the addition of David Pearson to its product team as a product manager.

Pearson is bringing over thirty years of financial markets experience to the London-based company.

Commenting on his new role, Pearson said: “Market Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, or stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Trad Read this Term has recently become a key characteristic of capital markets, and there has arguably never been a more interesting time to bring new digital solutions to the post-trade industry. I am excited to join Torstone and its talented team to help further evolve its leading cloud platform, helping firms to move away from legacy systems and future-proof their operations.”

A veteran in the post-trade

He is joining Torstone from Genesis Global, where he was responsible for post-trade workflow solutions. Before that, he spent twenty-five years at Fidessa. There he initially worked with sell-side brokers and dealers, building and implementing front and middle-office workflow solutions for equities. Later, he worked with Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term firms to challenge the status quo in other asset classes including exchange-traded derivatives and repo.

He parted from Fidessa as the head of post-trade.

He is an expert in workflow and automation in the front office and post-trade space and is a former co-chair of the FIX Trading Community’s Global Post Trade Working Group.

“We are delighted to have David join our team. As we continue to invest in building our global leadership team and extending our platform capabilities into new markets, David’s deep post-trade product and industry experience, and specific expertise in middle-office solutions, will be an asset,” Brian Collings, CEO of Torstone Technology, said.