The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Blogs

TNS Extends Managed Hosting and Low-Latency Services Following R2G Acquisition

Transaction Network Services (TNS) will accelerate its deployment of managed hosting services following the acquisition of Chicago-based market data, connectivity and hosting specialist R2G Services. The acquisition also allows TNS to respond to customer interest in working with a full-service managed infrastructure provider and gives R2G the opportunity to offer its customers TNS networking and integrated data services.

Founded in 2010, R2G has designed and built a low-latency market data and managed hosting platform. Jeff Mezger, director of product management at TNS, explains: “R2G offers managed hosting services directly in exchange colocation centres, such as CME, NYSE and Nasdaq. It has also engineered a network that is capable of offering some of the lowest latencies available, while also transporting quality market data with minimal latency and packet loss. TNS can now offer these capabilities alongside its extranet, which offers access to 2,100 trading counterparties around the world.”

The TNS acquisition of R2G also reflects growing demand from trading firms to reduce costs by outsourcing technology infrastructure, such as colocation, connectivity and content services, to a single provider.

From R2G’s perspective, managing director Stefano Durdic says: “We see this acquisition as a strategic opportunity that gives us access to the resources we need to take the next step and offer our customers all the advantages of being part of TNS, including 24-hour support. TNS’ portfolio of services is largely complementary so we can provide a wider range of services to our combined customers.”

Related content

WEBINAR

Recorded Webinar: Approaches to migrating market data to the cloud to drive agility in trading operations

Market data in the cloud is an attractive proposition in terms of reducing the cost of on premise servers and storage, and moving into a more agile and flexible data delivery environment. It is also well suited to working from home, the fall-back of many financial institutions during lockdowns caused by the coronavirus pandemic. But...

BLOG

The Composable Enterprise and Desktop Integration

By James Wooster, COO, Glue42. The starting point for this piece was a statistic buried within a report on the UK Contact Centre market[1]. It stated, on page 138, that across all industries, including Capital Markets, the cost of users navigating themselves within and between applications was estimated to be in excess of £4.3 billion...

EVENT

Data Management Summit USA Virtual

Now in its 11th year, the Data Management Summit USA Virtual explores the shift to the new world where data is redefining the operating model and firms are seeking to unlock value via data transformation projects for enterprise gain and competitive edge.

GUIDE

BCBS 239 Data Management Handbook

Our 2015/2016 edition of the BCBS 239 Data Management Handbook has arrived! Printed copies went like hotcakes at our Data Management Summit in New York but you can download your own copy here and get access to detailed information on the  principles and implications of BCBS 239 on Data Management. This Handbook provides an at-a-glance...