TNS - Transaction Network Services Inc.

08/08/2024 | News release | Distributed by Public on 08/08/2024 04:04

How Banks Can Access Global Markets for Financial Trading Success with TNS, Blog

We understand that as a financial trader, you need responsive, reliable access to global financial markets to drive trading. Many banks choose to work with TNS as a partner for our hosting, low latency connectivity and high-throughput market data feeds services within data centers and exchange co-location facilities. The reason for outsourcing? The cost of building and maintaining the underlying network infrastructure can be challenging and expensive. 

When outsourcing, it is critical that banks partner with trusted and proven experts, with experienced teams who understand their business. At TNS, we combine the flexibility to select optimal technology solutions, combined with the simplicity of a fully resilient, managed service, accessing multiple exchanges and financial market data providers, while staying ahead of ever-expanding bandwidth requirements.

The rate and pace of change can be challenging for internal teams to maintain. In this increasingly competitive financial trading market, access to the right technology platforms and services can drive a competitive edge.

Banks need to realize economies of scale by leveraging a mutualized global infrastructure delivered as a service model, that is supported and managed by highly experienced network engineers, without compromising on performance or latency.

The importance of latency to trading outcomes varies significantly depending on the nature of the trading model and the investment period. All things being equal, the lower the latency, the better the trading outcome. For very short-term trading models, latency becomes an integral factor for the profitability of the strategy. Partnering with TNS offers a global footprint for complete infrastructure, hosting and connectivity solutions. This can be from latency optimised remote trading, to co-located hosting, to ultra-low latency Layer 1 exchange connectivity. 

Additionally, cost savings are often front of mind and can be difficult to achieve when going it alone. As data volumes continue to rise, the cost of maintaining uninterrupted access to all these markets globally can become prohibitively expensive. Following our acquisition of West Highland Support Serviceslast year, we can help reduce cost and complexity across every element of market data related spend and support, including market data middleware, application, and commercial management.

For more information, visit tnsi.com/solutions/financial/

Alastair Watson is Managing Director in EMEA at TNS with responsibility for its global banks' strategy.