About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

TNS Offers Clients Relocation Service to New LSEG Data Centre

Subscribe to our newsletter

Trading infrastructure and connectivity provider Transaction Network Services (TNS) will offer seamless relocation to clients who wish to access the new London Stock Exchange Group (LSEG) data centre facility, when it relocates from Earl Street in the City of London to Telehouse Docklands later this year. TNS has secured infrastructure capacity in the new facility and will leverage its Layer 1 switching solution to deliver ultra-low latency mutualised market access, while also deploying low latency network connectivity to bring the relocated LSEG datacentre onto its global network.

The LSEG move is one of two major data centre relocations happening this year, and its move will affect connectivity to the various execution platforms it operates, including the London Stock Exchange main market, AIM and Turquoise, as well as the FXall and Tradeweb platforms operated by its Refinitiv acquisition.

In April 2021, Euronext completed the acquisition of Borsa Italiana from LSEG, and at the same time announced plans to move its main data centre at the InterContinentalExchange (ICE) facility from Basildon, just east of London, to Bergamo in Italy in 2022, where TNS will also offer managed Layer 1 market access solutions.

“These are impactful events,” says Jeff Mezger, Vice President of Product Management, Financial Markets, at TNS. “There’s a lot of work that goes into planning and preparing for each of these datacentre migrations. For trading firms, that’s not their core competency, so attempting a move in-house can take focus away from running their business. And with two of these migrations going on at the same time, it makes things more complicated. As a managed service provider, we take all of that time consuming complexity off their hands.”

TNS will provide a full suite of low latency services at LSEG’s new facility, including order routing, market data access, and the procuring, installing and management of trading infrastructure, including rack-optimised cabling and design utilising the company’s ultra-low latency Layer 1 technology inside the datacentre. This will enable firms to access execution speeds that are 10 times faster than traditional layer 3 architectures, according to the company.

“At TNS the primary focus is to make these moves as seamless as possible for our existing client base,” says Mezger. “And the fact that there’s two data centre relocations going on simultaneously means that it’s a perfect time for us to reach out to potential customers and educate them on how we can take work off their plates, so that they can focus on running their business.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Adding cloud to your high performance trading infrastructure

Adding cloud to high performance trading infrastructure offers the benefits of scalability, faster development, and lower capex costs – but can it meet required speeds of data delivery, does it limit the extent of available data, and how can low-latency data be sourced in the cloud? Still more, is it feasible to run a complete...

BLOG

Are Professional Traders Ready to Board the Crypto Rollercoaster?

By Thomas Schmeling, Managing Director, CryptoStruct GmbH. With cryptocurrency daily volumes regularly topping $200 billion, trading strategies that exploit the sector’s volatility are increasingly attractive. Combine that with the imminent reduction in regulatory headwinds, and it’s not surprising that professional proprietary trading firms have begun taking crypto seriously. But gearing up to access various crypto...

EVENT

Data Management Summit New York City

Now in its 12th year, the Data Management Summit (DMS) in New York brings together the North American, capital markets enterprise data management community, to explore the evolution of data strategy and how to leverage data to drive compliance and business insight.

GUIDE

Applications of Reference Data to the Middle Office

Increasing volumes and the complexity of reference data in the post-crisis environment have left the middle office struggling to meet the requirements of the current market order. Middle office functions must therefore be robust enough to be able to deal with the spectre of globalisation, an increase in the use of esoteric security types and...