TNS to relocate clients’ trading and market data systems
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TNS to relocate clients’ trading and market data systems 28 February 2023UK Reporter: Jenna Lomax
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Transaction Network Services (TNS) is to migrate its clients’ trading and market data systems from the existing primary data centre located in the city of London to the new London Stock Exchange Group (LSEG) Data Centre near the Docklands, London.
The new LSEG Data Centre is fully integrated onto TNS’ leading global network.
The London Stock Exchange Group is home to several capital formation and execution venues including the London Stock Exchange, AIM, Turquoise, CurveGlobal, FXall and Tradeweb — offering customers access to capital markets and liquidity across multiple asset classes.
TNS will continue to leverage its Layer 1 switching solution to deliver low latency mutualised market access and network connectivity at the new location.
Through leveraging the switching solution, TNS’ clients can research, acquire and maintain their exchange connections, data centre space and equipment.
TNS brings together over 2800 financial community endpoints to address the needs of financial market participants worldwide.
Jeff Mezger, vice president of product management for TNS’ financial markets business, says: “Relocating to the new LSEG facility with TNS has been seamless for our clients. In addition to procuring, installing and managing trading infrastructure, we are helping our clients save crucial nanoseconds in the race to execute trades.”
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