Many firms choose to work with a managed services provider like TNS as this is typically more efficient and effective than going it alone. An outsourced route can enhance agility and help reduce overall total cost of ownership.
We know that effective trading infrastructure requires significant investment. As traders enter the market, become successful, and diversify their portfolios, their market data needs can place excessive network capacity pressures on their infrastructure. This is why traders need reliable connectivity and market data feeds to drive their trading.
If your organisation is going down this route, you need to work with a specialist that can build shared networks and colocation footprints. TNS can offer access to market data and trading connectivity on demand. By using these shared infrastructure services, traders can get the benefits of expertise and technology, at a fraction of the cost of doing it for themselves. We can offer scalable solutions to accommodate the demands of ever-expanding bandwidth, including access to, and distribution of, vast amounts of raw market data.
As an example, Broadridge Financial Solutions (NYSE:BR), recently announced the integration of its global Futures and Options (F&O) Software-as-a-Service (SaaS) Platform with TNS. This will enhance the functionality of Broadridge’s F&O platform for the derivatives market by providing global exchange connectivity for order routing and market data access with TNS serving as the vendor of record. Clients benefit from simplified market data management, reduced operational risk and implementation costs, and improved time to market for futures commission merchants.
In addition, TNS is the only infrastructure-as-a-service (IaaS) provider to combine a vendor-neutral approach to market data application management, alongside end-to-end hosting, market data and consulting services specifically for the financial markets industry. Having acquired West Highland Support Services in 2023, we can integrate and manage market data distribution platforms for clients enabling firms to reduce market data expenditures while enhancing system performance and guarding against latency related trading losses. This combines connectivity, monitoring and consulting to traders and financial services vendors worldwide into one stack.
Another key consideration for financial firms is cloud computing adoption. The cost benefits of the cloud for low latency trading and execution are clear – it can significantly reduce upfront costs of setting up infrastructure. The lower costs of scalable ‘pay-as-you-go’ models allow smaller organisations to leverage robust security and infrastructural elements, established by powerful hosting providers, while themselves remaining agile.
With infrastructure and cloud expertise, TNS offers clients a single-point-of-contact coverage for all trading and market data infrastructure needs globally. For more information, visit tnsi.com/solutions/financial/
Jeff Mezger is Vice President of Product Management at TNS with responsibility for its managed services for the financial industry.
