Broadridge Financial Solutions Inc. (NYSE:BR) today announced the integration of its global Software-as-a-Service (SaaS) Futures and Options (F&O) platform with Trading Network Services (TNS).
TNS will enhance the functionality of Broadridge’s derivatives market F&O platform by providing global exchange connectivity for order routing and access to market data as a provider of record.
“With the addition of TNS, futures commission traders and agency brokers will now have access to simplified market data while benefiting from reduced implementation costs and improved time to market,” said Mike Johnson, General Director, F&O, Broadridge Trading and Connectivity. Solutions. “Broadridge’s F&O platform helps companies simplify and optimize transactions through modular and flexible deployment capabilities, and we are committed to providing globally resilient solutions for our customers. This integration strengthens our software offering and aligns with the growing industry trend where clients are moving away from hosting their own trading infrastructure.”
“Broadridge is a trusted global technology partner and our partnership underscores TNS’ commitment to providing fast and resilient connectivity solutions, purpose-built and engineered to meet the needs of the global financial services industry,” said Tom Lazenga, General Manager , TNS Financial Markets. . “With access to more than 130 exchanges in 25 countries and extensive in-house expertise in each location, we are proud to support Broadridge in providing a global data source and exchange market infrastructure, helping their clients achieve greater efficiency and effectiveness in their trading activities .”
TNS offers a range of connectivity, co-location, cloud, market data and VPN solutions in its Infrastructure-as-a-Service (IaaS) portfolio.