TNS launches managed hosting offering in Madrid 25 May 2022Spain Reporter: Jenna Lomax
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Transaction Network Services (TNS) has launched its managed hosting and colocation offering in Madrid — aimed at financial market participants looking to access Spain’s principal stock exchange, Bolsas y Mercados Españoles (BME).
This is TNS’ first deployment in Spain and joins Frankfurt, Germany and Bergamo, Italy as the organisation’s third managed hosting and colocation venue in mainland Europe.
It is the seventh site in Europe for TNS with Basildon, LD4, Interxion and the London Stock Exchange in the UK.
The TNS offering provides low overall costs, due to TNS’ mutualised exchange connections and status as a registered data vendor with BME. This allows trading firms to focus on their core business instead of diverting the attention of internal resources to maintain an extensive infrastructure, says TNS.
Jeff Mezger, vice president of product management, at TNS says: “Working with TNS will enable capital markets participants to improve the way they incorporate BME into their trading infrastructure. For those who have held back from accessing BME because they did not want to colocate themselves, we can now do it for them.
He adds: “With BME colocation joining TNS’ low latency network in Europe, TNS can provide market data to virtually any of the major equities exchange data centres in Europe.”
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