TNS expands financial services portfolio with NetXpress acquisition

Wednesday 31 July 2019 14:44 CET | News

Transaction Network Services has acquired US-based trading technology provider NetXpress to augment its financial services portfolio.

TNS’ portfolio will be augmented with ultra-low latency exchange connectivity at 11 key global locations across North America, Europe, and Asia.

Founded in 2016, NetXpress provides colocation, data center services, exchange, and WAN connectivity globally. The NetXpress low latency architecture employs a ULL, Layer1 distribution technology to achieve a low latency profile.

Optimised for electronic trading, TNS’ connectivity platform supports market data, FIX connectivity, and all trading protocols. TNS’ services are supported by 24x7x365 monitoring and helpdesk support. The company has been involved in the FIX Trading Community.

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Keywords: TNS, financial service, NetXpress, acquisition
Countries: World