Torstone's Launches Back Office System Inferno for Secure Virtual Private Cloud Deployment

Financial institutions such as investment banks, larger hedge funds and brokers always look for software solutions that can ensure security of their data administered on Virtual Private Cloud environments such as Amazon or Rackspace (News - Alert). To address this need, Torstone Technology, a provider of securities and derivatives processing software to the global financial markets, recently released the Inferno back office system for Virtual Private Cloud environments.

Brian Collings, chief executive of Torstone Technology, said in a statement, “We believe Torstone has stolen a march on our competitors and is very early in enabling our customers to take advantage of the flexibility, resilience, scalability and cost-effectiveness of secure VPCs. This is down to the underlying architecture of Inferno as well as our in-house technologists who are equipped with the skills to engineer our solution to utilise the VPC optimally.”

Inferno, which is compatible with Linux and Oracle (News - Alert) cloud environments with the appropriate security, allows Torstone clients to configure and lock down Virtual Private Network (VPN) at the network level, making each Torstone client a completely private Inferno instance that is fully secure in the private cloud.

With private cloud computing, companies can snapshot instances of the infrastructure required to run their applications. Taking advantage of this, Torstone can deploy a new ready-configured instance of Inferno in just a matter of hours – which can then be customized to meet individual client requirements at relative lower cost compared to other deployment options. Torstone’s clients can also mix different cloud providers or use a blend of data centre hosting and cloud services, which give them flexibility of disaster recovery. 

“The infrastructure level is finally becoming a commodity service, which enables software vendors such as ourselves to focus more investment on advancing, developing and supporting financial back office systems to meet the constantly evolving needs of the industry,” Collings concluded.