Clients benefit from simplified market data
management, reduced operational risk and implementation costs, and
improved time to market for FCMs
NEW
YORK, June 17, 2024 /PRNewswire/ -- To simplify
market data management and reduce operational risk for clients,
Broadridge Financial Solutions Inc. (NYSE:BR), today announced
the integration of its global Futures and Options (F&O)
Software-as-a-Service (SaaS) Platform with Transaction Network
Services (TNS), a global leader in providing mission-critical
infrastructure for financial markets. TNS will enhance the
functionality of Broadridge's F&O platform for the derivatives
market by providing global exchange connectivity for order routing
and market data access as the vendor of record.
"With the addition of TNS, futures commission merchants 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 Manager, F&O, Broadridge Trading and Connectivity
Solutions. "Broadridge's F&O platform helps firms simplify and
optimize trading through its modular and flexible deployment
capabilities and we are committed to providing globally resilient
solutions for our clients. This integration enhances 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
collaboration underscores TNS' commitment to providing fast and
resilient connectivity solutions, specifically designed and
engineered to address the needs of the financial services industry
worldwide," said Tom Lazenga,
General Manager, TNS Financial Markets. "With access to more than
130 exchanges across 25 countries and extensive in-house expertise
in each location, we are proud to support Broadridge in delivering
a global source of exchange market data and infrastructure, helping
their clients achieve greater efficiency and effectiveness in their
trading activities."
For more information about Broadridge's F&O platform, please
visit Futures & Options Trading Like Never Before.
TNS offers a range of connectivity, colocation, cloud, market
data and VPN solutions within its Infrastructure-as-a-Service
(IaaS) portfolio. For further information
visit tnsi.com/solutions/financial/.
About Broadridge
Broadridge Financial Solutions (NYSE:
BR), a global Fintech leader with more than $6 billion in revenues, provides the critical
infrastructure that powers investing, corporate governance and
communications to enable better financial lives. We deliver
technology-driven solutions that drive business transformation for
banks, broker-dealers, asset and wealth managers and public
companies. Broadridge's infrastructure serves as a global
communications hub enabling corporate governance by linking
thousands of public companies and mutual funds to tens of millions
of individual and institutional investors around the world. Our
technology and operations platforms underpin the daily trading of
more than U.S. $10 trillion of
equities, fixed income and other securities globally. A certified
Great Place to Work®, Broadridge is part of the S&P
500® Index, employing over 14,000 associates in 21
countries.
For more information about us and what we can do for you, please
visit www.broadridge.com.
About Transaction Network Services (TNS):
Founded in 1990 and with headquarters in the USA and offices across Europe and Asia, TNS is a leading provider of
mission-critical infrastructure, connectivity, market data and
analytic services for the Financial Markets community. Delivered as
a fully managed Infrastructure-as-a-Service offering, TNS provides
an unrivalled, global, mission-critical footprint that can
significantly help reduce the burdens, complexities and costs
attributed to firms 'going direct'. Through its ultra-low latency
connectivity, its global market data offerings and its dedicated
24x7x365 local support, TNS remains the trusted solution provider
to more than 750 counterparties globally.
Broadridge Contacts:
Investors:
Edings Thibault
Head of Investor Relations, Broadridge
broadridgeir@broadridge.com
Media:
Gregg
Rosenberg
Global Head of Corporate Communications
Gregg.Rosenberg@broadridge.com
TNS Media Contacts:
Finn Partners
Taylor Trovillion
+1 312 329 3983
TNS@FinnPartners.com
Or
TNS
Clare Cockroft/Bronte Saulle
703-814-8065
pr@tnsi.com
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SOURCE Broadridge Financial Solutions, Inc.