Broadridge Financial Solutions Inc. has integrated its global Futures and Options (F&O) Software-as-a-Service platform with Transaction Network Services (TNS), in a collaboration that aims to simplify market data management and reduce operational risk for clients. TNS, through its mission-critical infrastructure in financial markets, will provide global exchange connectivity for order routing and market data access.
Mike Johnson, General Manager of F&O at Broadridge, highlighted the benefits of the integration, commenting: “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,” adding that this strategic move aligns with the industry trend of firms shifting away from self-hosted trading infrastructure towards more flexible and efficient SaaS-based solutions.
Tom Lazenga, General Manager of TNS Financial Markets, emphasised TNS’s commitment to delivering fast and resilient connectivity solutions, supporting Broadridge’s clients with access to over 130 exchanges across 25 countries.
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