TNS Launches Colocation Services at Brazil's Biggest Stock Exchange

29 Nov, 2023

TNS Launches Colocation Services at Brazil's Biggest Stock Exchange

Transaction Network Services (TNS) has announced a significant stride in financial connectivity by introducing colocation services in collaboration with B3 S.A. (Brasil, Bolsa, Balcão), Brazil’s premier stock exchange and the world’s third-largest derivatives exchange, situated in Sao Paulo. This collaboration solidifies TNS' commitment to fortify its global financial market solutions, offering seamless connectivity through the TNS ultra-low latency trading network.

Recognizing the criticality of trading execution speed and infrastructure reliability for expanding global access to B3, Jeff Mezger, TNS’ Vice President of Product Management for Financial Markets, emphasized the pivotal role of TNS. "B3 is a vastly underserved market for traders outside of South America," he noted. "Our immediate, fully operational data center equipment bypasses the challenges associated with hardware acquisition and installation in Brazil, demonstrating our dedication to empowering global traders with unparalleled efficiency and access."

TNS now provides managed hosting, market data, and exchange access services for B3 through Layer 1 connectivity, ensuring reliable trading, clearing, and settlement operations across equities, derivatives, and commodities. This network expansion caters to the increasing demand at B3, amplifying trading opportunities for traders from the US, Europe, and beyond seeking optimized connections with the exchange. This underlines TNS' ongoing commitment to B3, building on the launch of market data access for traders in 2021.

The B3 exchange hosts nearly 500 listed companies, and recent economic expansion coupled with regulatory reforms has spurred increased investments in Brazilian companies, forecasting a GDP growth of 3.2% for 2023.

TNS' Layer 1 ultra-low latency offering and its seasoned exchange team enable clients to navigate data center and market data deployments seamlessly, augmenting its on-ground presence in South America. The recent inauguration of a new Latin American headquarters in João Pessoa, Paraíba, Brazil, marks a significant milestone in TNS’ regional expansion. With over 100 employees in Brazil, TNS has been operational in the country since 2019 and has been collaborating with the B3 exchange since 2021.

With a robust global presence, TNS unites over 5,000 financial community endpoints supported by a network spanning 125 points-of-presence worldwide. Its Infrastructure-as-a-Service (IaaS) portfolio offers an array of connectivity, colocation, cloud, market data, and VPN solutions, all meticulously monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK, Australia, and Malaysia.