TNS offers seamless relocation to London Stock Exchange data center
The managed hosting solution offers the lowest exchange latency
LONDON, January 11, 2022– (BUSINESS WIRE) – Trading Network Services (TNS) will allow companies wishing to co-locate and directly access the London Stock Exchange Group (LSEG) to seamlessly move their trading operations when the LSEG Data Center will move from its current location in London City to a new location in London this year.
TNS has secured the infrastructure capacity in the new data center and, like its other global colocation sites, will leverage its Layer 1 switching solution to provide ultra-low latency, shared market access, while deploying the lowest latency network connectivity to bring the relocated LSEG data center to its global network.
“The move to the new LSEG facility with TNS will allow traders to focus on their core business, knowing that they can enjoy uninterrupted and seamless trading from day one of the migration,” said Alastair Watson, Managing Director EMEA of TNS ‘Financial Business Markets. “We provide a full range of low latency services, including order routing, access to market data and the purchase, installation and management of trading infrastructure, saving clients money. crucial nanoseconds in the race to execute transactions. “
“Working with TNS is extremely cost effective, as it eliminates the need for e-commerce managers to research, acquire and maintain their own exchange connections, data center space and equipment. We provide differentiated services ideal for small businesses. that need a partial rack or international banks that require multiple adjoining cabinets, ”Watson added.
TNS’s managed hosting solution offers rack-optimized cabling and design and utilizes the enterprise’s ultra-low latency Layer 1 technology inside the data center. This enables enterprises to access execution speeds 10 times faster than traditional Layer 3 architectures. TNS Layer 1 was the first such architecture to be offered and deployed globally, and remains the leading. Most advanced solution on the market, eliminating the need for multiple switches by using a simple, single-hop architecture to provide connectivity in as little as 5 to 85 nanoseconds.
The TNS infrastructure brings together more than 2,800 terminals from the financial community to meet the needs of financial market players around the world. Merchants using the company’s managed hosting solution benefit from TNS’s global footprint of points of presence and extensive existing network connections, which include uninterrupted access to more than 60 exchanges with local and physical support in the whole world.
The London Stock Exchange Group is home to several capital formation and execution venues including the London Stock Exchange, AIM, Turquoise, FXall and Tradeweb, providing clients with extensive access to capital markets and liquidity across multiple classes of active.
About Transaction Network Services (TNS)
Founded in 1990 and with headquarters in the United States, Europe and Asia, TNS is a leading provider of critical infrastructure, connectivity, market data and analytical services to the financial markets community. Delivered as a fully managed infrastructure-as-a-service offering, TNS offers an unmatched critical global footprint that dramatically reduces the burdens, complexities and costs attributed to “going direct” businesses. With ultra-low latency connectivity, global market data offerings, and dedicated 24/7/365 local support, TNS remains the trusted solution provider for more than 750 counterparties worldwide. . For more information, please visit tnsi.com.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220111005672/en/
For more information
Fiona Butler, TRG, +44 (0) 7796 410557
Clare Cockroft, TNS, + 44 (0) 114 292 0163