Press release

TNS Lights up the Financial Markets with Low-Latency Dark Fiber Upgrade

Sponsored by Businesswire

Network Services
(TNS) has significantly upgraded and expanded its
network capacity to include dark fiber connectivity in the strategically
important New York Triangle, giving traders ultra-high-speed access to
market data and TNS’ financial community of interest.

The new TNS dark fiber network can be expanded up to four terabits of
capacity, effectively preparing traders’ networks for the future as
their data requirements with TNS grow. It includes coverage of NYSE,
CBOE and Nasdaq at each exchange’s colocation sites in Mahwah, NY5 and
Carteret, and connects via a high-speed link to TNS’ exchange disaster
recovery sites in Chicago.

Stefano Durdic, Managing Director of TNS’ Financial
business, said: “We are excited to bring the benefits of
terabit capacity to the trading community. Over the last few years,
there has been an explosion in the demand for and availability of market
data, which will continue to grow for years to come.

“Our enhanced network
capacity is something a proprietary trading firm or hedge fund might
have built themselves. However, TNS brings the benefit of the capacity
being delivered by a managed services provider. TNS guarantees that
bandwidth will be available and ensures optimal market data delivery
with support for the numerous, varied and growing amounts of raw data
feeds that are emerging.”

TNS’ dark fiber infrastructure will be automatically applied across TNS’
Managed Hosting, Colocation and Connectivity service and its Secure
Trading Extranet, giving customers located in or trading with firms in
the New York Triangle area instant access to the benefits of this high
capacity bandwidth. As a Vendor of Record, TNS also provides raw
market data
to any TNS on-net point-of-presence, as well as hundreds
of other feeds worldwide.

Durdic added, “Our announcement today is an important step in helping
our customers to prepare their trading infrastructure for the future.
TNS has always been a flexible and scalable partner, but now we can
deliver improved performance, as well as a more stable, predictable and
reliable service.

“By lighting our own dark fiber, TNS now has one of the fastest
commercially available fiber networks in the New York metro area. With
direct access and control over our routes, TNS’ dedicated operations
teams can ensure network optimization with a combination of high
capacity, ultra-low-latency and maximum uptime benefits, delivered via
fully diverse circuits.”

TNS plans to explore additional dark fiber networks in other key major
financial centers across Europe and the Asia Pacific region as part of
its ongoing commitment to continuously re-engineering and improving its
network performance.

TNS alleviates the headache of sourcing, establishing and maintaining a trading
infrastructure and allows organizations to reach a depth of market
coverage for equities, equity options and futures that they would not
have been able to do easily or cost-effectively on their own.

Optimized for electronic
trading, TNS’ robust secure network is relied on by the global financial
markets for mission-critical connectivity to multiple diverse trading
partners. Many of the world’s most prominent and influential buy- and
sell-side institutions, market data and software vendors, exchanges and
alternative trading venues have selected TNS’ network. Resilient
connectivity is assured by there being no single point of failure across
the TNS core network and by connected firms choosing from a variety of
diverse physical connections.

TNS’ multi-asset class connectivity platform supports market data, FIX
connectivity and all trading protocols. TNS’ services are supported by
24x7x365 monitoring and helpdesk support. TNS’ team have been actively
involved in the FIX Trading Community for many years and regularly
participate in industry events and serve on working group committees. To
find out more visit


About Transaction Network Services:

Transaction Network Services (TNS) is a leading global provider of data
communications and interoperability solutions. TNS offers a broad range
of networks and innovative value-added services which enable
transactions and the exchange of information in diverse industries such
as retail, banking, payment processing, telecommunications and the
financial markets.

Founded in 1990 in the United States, TNS has grown steadily and now
provides services in over 60 countries across the Americas, Europe and
the Asia Pacific region, with our reach extending to many more. TNS has
designed and implemented multiple data networks which support a variety
of widely accepted communications protocols and are designed to be
scalable and accessible by multiple methods.