By Gina Rullo Donio
Transaction Network Services (TNS) announced it is providing colocation services with B3 S.A. (Brasil, Bolsa, Balcão), Brazil’s largest stock exchange and the world’s third largest derivatives exchange, based in Sao Paulo. This collaboration strengthens TNS' global solutions for financial markets, delivering seamless connectivity via the TNS ultra-low latency trading network.
“Trading execution, speed and infrastructure reliability are mission critical for expanding global access to B3, which is a vastly underserved market for traders outside of South America,” TNS Vice President of Product Management for Financial Markets Jeff Mezger said. “The challenge of acquiring and installing hardware in Brazil, a process that often spans several months, is bypassed with TNS. With pre-established data center equipment on-site that is fully operational, we can deliver our full suite of services immediately, reinforcing our commitment to empowering global traders with unparalleled efficiency and access. The combination of our local presence in Brazil and decades of financial exchange experience make TNS the ideal partner to connect clients to the B3 exchange.”
Nearly 500 companies are listed on the B3 exchange, and recent economic expansion and regulatory reforms have contributed to increased investments in Brazilian companies. Economic growth has accelerated with a projection of 3.2 percent GDP for 2023.
The TNS Layer 1 ultra-low latency offering, cloud trading infrastructure and its highly- experienced exchange team allows TNS to lead clients through data center and market data deployments and enhances its boots-on-the-ground presence in South America. TNS recently opened a new Latin American headquarters in João Pessoa, Paraíba, Brazil, marking a significant milestone in TNS’ expansion in the region.
With more than 100 employees in Brazil, TNS has had an office in country since 2019 and has been working with the B3 exchange since 2021.
TNS brings together more than 5,000 financial community endpoints, supported by a global, 125-strong point-of-presence footprint. 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 within its Infrastructure-as-a-Service (IaaS) portfolio. These solutions are monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK, Australia and Malaysia.
Gina Rullo Donio is freelance writer.
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