TNS is the Only Provider in Europe to Offer Full-Service, Vendor-Neutral Market Data Management Solutions for Financial Institutions
25 Abril 2024 - 1:30AM
Business Wire
TNS expands US strategy of full-stack market
data management to EMEA and brings on key hire Ben Myers to lead
Strategic Sales in region
Transaction Network Services (TNS) today announced its continued
investment in EMEA, becoming the only provider in the region to
offer vendor-neutral market data application management and
consultancy services, combined with comprehensive hosting,
connectivity, and cloud services.
TNS can now deliver market data services across the entire
trading infrastructure stack. This new, ‘one-stop-shop’ offering is
the result of the acquisition of West Highland Support Services, a
financial market data solutions provider.
Having successfully rolled out this enhanced capability in the
US and with TNS’ expansive network and coverage in region, TNS and
West Highland services are now available to EMEA customers as a
single, combined offering, including connectivity, monitoring, and
consulting to financial markets participants. Clients can
immediately leverage TNS as a single point of contact to manage the
full scope of all consolidated feeds and normalized data solutions,
reducing complexity and enhancing visibility through its range of
managed application tools.
“This new combined offering strengthens our commitment to
providing financial institutions with the very best agnostic
support services and trading infrastructure in EMEA. We are also
delighted to have Ben Myers join our London-based TNS Financial
Markets team as Head of Strategic Sales for EMEA, to bolster our
presence in the region,” said Tom Lazenga, General Manager, TNS
Financial Markets.
With more than 15 years’ experience in financial markets and
trading technology, Ben Myers has worked at IBM, Thomson Reuters,
and most recently ICE Data Services.
“TNS has a strong reputation in EMEA as a leading provider of
mission-critical infrastructure and for its exchange expertise,”
added Myers. “We’re expanding the breadth of options available to
clients in the region with a single-point-of-contact solution for
all market data related needs globally, helping customers to reduce
costs and complexity across their entire market data
ecosystem.”
As market data is often one of the top-two spend categories for
most trading organisations, cost savings and economies of scale can
be difficult to achieve. TNS can now further help clients reduce
cost and complexity across every element of market data related
spend and support, including hosting, connectivity, middleware
distribution, market data usage, and incident management.
TNS brings together over 5,000 financial community endpoints,
supported by a global, 125-strong point-of-presence footprint.
Specifically designed and engineered to address the needs of
financial market participants worldwide, TNS offers a range of
connectivity, colocation, cloud, market data, and VPN solutions
within its Infrastructure-as-a-Service (IaaS) portfolio. These
solutions are monitored 24x7x365 by TNS’ Network Operations Centers
in the US, Europe, and Asia Pacific region. For further information
visit tnsi.com/solutions/financial/.
About Transaction Network Services (TNS)
Founded in 1990 and with headquarters in the USA and offices
across 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 can
significantly help reduce the burdens, complexities and costs
attributed to 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20240424399120/en/
Carina Evison The Realization Group +44 (0)7876745554
tns.pr@therealizationgroup.com Or Clare Cockroft/Bronte Saulle TNS
+ 44 (0)114 292 0163 / +1 703 814 8065 pr@tnsi.com