Transaction Network Services (TNS), a global provider of data communications and interoperability solutions, has upgraded its network with their TNSXpress Layer 1 solution in three key New York area data centers.
TNSXpress Layer 1 uses a ‘simple, single hop’ architecture that would be “up to 10 times faster than traditional Layer 3 architectures and deliver connectivity as low as 5-85 nanoseconds.” It is now available in the NYSE data center in Mahwah, NJ, the Equinix NY4 data center in Secaucus, NJ, and Nasdaq’s data center in Carteret, NJ.
“This ultra-low latency upgrade to our network means that all TNS Managed Hosting sites now use TNSXpress Layer 1 and are deployed, hosted and managed to ensure fast, reliable and secure interconnectivity,” said Jeff Mezger, Director of Product Management, TNS.
“TNS is rapidly expanding its managed hosting capabilities globally bringing innovative new solutions to the market and continuing its focus on offering the lowest latency solutions available. Now Layer 1 ultra-low-latency access is available for key markets, such as equities, options, futures and a range of other market data feeds from connected exchanges within the NYSE, CBOE and Nasdaq groups.
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.
The TNSXpress Managed Hosting solution would also offer traders the benefit of TNS’ global, 125 points-of-presence footprint and extensive existing on-net connections, which includes more than 60 exchanges around the world. “In addition, TNSXpress customers benefit from a lower total cost of ownership for managed colocation and global market data services,” added Mr. Mezger
In 2020, TNS celebrates 30 years of being a worldwide provider to global companies in the most mission critical industries. TNSXpress, the company’s infrastructure as a service (IaaS) managed colocation platform includes their “ultra-low latency” Layer 1 connectivity technology and “robust” global market data services. TNSXtranet connects a global financial community of more than 2,800 endpoints via the company’s secured and resilient extranet that is monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK and Australia.