Transaction Network Services (TNS) has been strategically enhancing its European backbone during 2020 and can now offer market data from all the major European equities exchanges to TNS’ points-of-presence (PoPs) across Europe.This network upgrade is part of TNS’ commitment to offer premium infrastructure-as-a-service (IaaS) and connectivity solutions across Europe. In addition, TNS has deployed its ultra-low latency TNSXpress Layer 1 architecture to connect its PoPs.
“This backbone expansion coincides with TNS rounding out our access to European equities with the addition of market data for CBOE Europe, Euronext, LSE, Borsa Italiana and SIX Swiss,” says Jeff Mezger, TNS’ Director of Product Management. “We also offer Layer 1 managed hosting services in colocation with Xetra and LSE which enables TNS’ customers to have the added benefit of the lowest possible latency not only inside the data centre but also between data centres.”
TNSXpress Layer 1 is an innovative technology that simplifies the network with single switch hops that result in super-fast connectivity in as little as 5 to 85 nanoseconds. The recent European expansion takes TNS’ market data feeds to 38 including 20 equities feeds. Equally important, the full range of TNS solutions have been tailored for Europe to help ensure compliance with MiFIDII.
“We are rapidly expanding our managed hosting capabilities globally to continue to provide and deploy the lowest latency solutions available,” says Mezger. “Layer 1 has been available in the US and now we’ve expanded into Europe where we’ve seen data rates rise as we’ve updated our backbone.”
