TNS launches managed hosting solution for JPX traders
Transaction Network Services (TNS) is bringing its popular Managed Hosting solution to Japan Exchange Group’s (JPX) Tokyo-based colocation facility.
With its colocation at JPX, TNS now offers a full suite of low-latency services including order routing and market data access for the exchange’s impressive portfolio including the Tokyo Stock Exchange (TSE), Osaka Exchange (OSE) and Tokyo Commodity Exchange. By connecting with TNS, organisations can also access TNS’ global network which includes more than 365 feeds for 110 exchanges in 22 countries.
“TNS is a welcome addition to our colocation facility and connectivity roster,” says Ryusuke Yokoyama, Senior Executive Officer and CIO at JPX. “TNS’ well established and trusted reputation as a specialist financial connectivity provider complements our objective to provide traders with a range of technologically advanced connectivity options. We look forward to working with the TNS team and expanding JPX’s access to their customers.”
TNS’ Managed Hosting Solution is highly flexible and provides the benefits of proximity co-location, such as ultra-low latency exchange access and client cross connects, without the high cost and complexity of researching, procuring, installing and managing trading infrastructure themselves.
“This is an exciting development for TNS and a fantastic additional service we can now offer to latency sensitive traders,” says Jeff Mezger, Senior Director of Product Management for TNS’ Financial Markets business. “Being within the JPX colocation facility allows us to offer traders not only the ability to host their equipment at the site but also enables TNS to deliver access to other exchanges available globally on the TNS network.”
Trading on foreign exchanges requires investors to have a knowledge of, and be in compliance with, different rules and vendors, which can create significant complexity. TNS simplifies this by having a local presence that addresses language and cultural barriers.
TNS’ connection to JPX also means it can make its ultra-low latency TNS Layer 1 offering available for JPX traders. TNS Layer 1 can deliver connectivity in as little as 5 to 85 nanoseconds, making it up to 10 times faster than traditional layer 3 architectures.
TNS brings together over 2,800 financial community endpoints, supported by a global, 125-strong point-of-presence footprint. Specifically designed and engineered to address the needs of financial market participants worldwide, TNS offers a range of connectivity, colocation, cloud, market data and VPN solutions within its infrastructure as a service (IaaS) portfolio. Its solutions are monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK and Australia. For further information