Market-leading layer 1 infrastructure delivers lowest latency solutions
RESTON, VA.–(BUSINESS WIRE)–#HKEX—Transaction Network Services (TNS), a market leader in capital markets client and counterpart connectivity and the first to market with a Layer 1 network solution, has invested significantly in its backbone to provide high performance global connectivity for clients tapping the plethora of opportunities developing in Asia.
The TNS network boasts 247 regional financial community endpoints, including exchanges and data centers, which benefit from TNS� low latency infrastructure. In total, coupled with the Layer 1 in-data center solution, the TNS global network now covers 11 countries and 23 exchanges in the region.
TNS has partnerships with key institutions including SGX, JPX and HKEX and this continued network deployment shows TNS commitment to its service development in the region. Asia is consistently proving to be a global engine for growth and the level of competition amongst exchanges is driving innovation. Of the top 20 exchanges in the world, 8 are now in Asia, making it a strategic necessity for traders.
Asia provides significant opportunity and growth with fast developing as well as emerging markets for traders, said Jeff Mezger, TNS Vice President of Product Management for its Financial Markets business. We recognize the need to provide the quality of Asian connectivity, to match the present and future needs of clients. We have designed the network to have sufficient capacity to provide streaming of market data globally, with the ability to deliver APAC sourced market data to the US and Europe and vice versa, Mezger continues.
TNS provides ultra-low latency access to the markets and market data through its Layer 1 technology, offering clients access to execution speeds up to 10 times faster than traditional layer 3 architectures. TNS Layer 1 is the first and most advanced global solution in the market, eradicating the need for multiple switches, using a simple, single hop architecture to deliver connectivity in as little as 5 to 85 nanoseconds.
Brokerages and trading clients both globally and regionally need the diversification offered by Asian financial instruments and TNS is focused on offering the best possible infrastructure to do this. TNS provides global connectivity and Layer 1 infrastructure solutions with a managed service which offers a more flexible and cost-effective option. Clients benefit from the local presence and support in all markets and the ability to lease hardware and obtain a level of access that meets actual requirements.
Each market within the Asia region is developing at its own rate, offering different trading opportunities, and operating with its own local nuances. Due to the flexible model and on the ground presence in all active markets, TNS is a single point of contact with the ability to offer locally focused advice to firms that are operating in Asia but still need a global perspective.
ENDS
About Transaction Network Services (TNS)
Founded in 1990, and with headquarters across USA, Europe and Asia, TNS is a leading provider of mission-critical infrastructure, connectivity, market data and analytic services for the Financial Markets community. Delivered as a fully-managed Infrastructure-as-a-Service offering, TNS provides an unrivalled global mission-critical footprint that significantly reduces the burdens, complexities and costs incurred by firms going direct. Through its ultra-low latency connectivity, its global market data offerings and its dedicated 24x7x365 local support, TNS remains the trusted solution provider to more than 750+ counterparties globally.
Contacts
For more information please contact:
Tim Nicholls, TRG/Paradigm Consulting, +44 (0)7306 362789 / +852 2251 9081
Clare Cockroft, TNS, + 44 (0)114 292 0163 / +1 703 814 8065
pr@tnsi.com
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