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 to Offer Managed Layer 1 Market Access at Bergamo IT3 for Euronext Move

Subscribe to our newsletter

Connectivity specialist TNS is expanding its managed hosting solution to the Aruba Global Datacentre IT3 in Bergamo, Italy, in preparation for Euronext’s migration of its primary matching engine from ICE’s facility in Basildon, UK, in the second quarter of next year.

As with TNS’s other global colocation sites, TNS will leverage its Layer 1 switching solution to deliver ultra-low latency mutualised market access to its clients. The company will offer a full suite of low latency services at IT3, including order routing, market data access, and the procuring, installing and management of trading infrastructure, enabling existing clients to seamlessly move their trading operations from Basildon to Bergamo.

“This is also a great opportunity for firms currently co-located in Basildon to move to a Layer 1 connection in Bergamo, and capitalise on the ultra-low latency that provides”, says Alastair Watson, Managing Director, Financial Services at TNS.  “TNS can take care of the whole set up for firms that require a fully managed solution,” he says. “Equally, we can provide a subset of services if that’s what clients want, for example procuring the necessary equipment and amortising it over a period of time”.

TNS’s Managed Hosting solution will utilise the company’s ultra-low latency Layer 1 technology inside the IT3 datacentre. This technology enables firms to access execution speeds that are 10 times faster than traditional Layer 3 architectures, according to the company.

“For firms looking to improve how they interact with liquidity, TNS is differentiated from other managed service providers because of our expertise in Layer 1 architecture, and how we deliver that effectively in a mutualised way” says Watson. “So if firms do decide to go down the Layer 1 route, they can have confidence in the TNS solution, which is long established and has been delivering competitive advantages for TNS clients in all other colocation sites.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: How to make outsourced infrastructure work for trading

Transitioning from in-house to outsourced trading infrastructure is a significant challenge, but it can offer sizeable benefits including reduced costs, improved performance, access to diverse liquidity sources, and ability to stay abreast of technology changes. This webinar will discuss practical approaches to planning and implementing outsourced infrastructure for trading, the potential of hybrid solutions, and...

BLOG

ING Makes Strategic Investment in OpenFin

ING Ventures, the venture capital arm of ING, has made a $10m strategic investment in OpenFin, the operating system of enterprise productivity, becoming the 7th major financial institution to not only buy OpenFin but also become a strategic partner. ING adopted OpenFin’s technology in 2021 to accelerate the bank’s desktop transformation strategy. Employees now have...

EVENT

RegTech Summit London

Now in its 6th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Tackling the Data Management Challenges of FATCA

As the July 1, 2014 deadline for compliance with the Foreign Account Tax Compliance Act – or FATCA – approaches, financial institutions around the world are working to ensure their data management and operational systems will meet the requirements of the US legislation. This report discusses the requirements of FATCA and how the legislation is...