Bombay Stock Exchange Improves Efficiency with TNS
By boosting our services with TNS’ Secure Trading Extranet, we’re not only improving practices for our existing members, but also laying the foundations for further growth.
Kaylan S. Bose, Head of Corporate Affairs, BSE
Background
The Bombay Stock Exchange (BSE) is one of the oldest stock exchanges in Asia, with over 4800 companies listed. Established in 1875 and fully electronic since 1995, the BSE considers the improvement of electronic trading an essential part of its growth strategy.
Business Challenge
Access to BSE for trading and market data has been limited to participants who have set up their offices within India. Typically these offices were connected over leased lines. The BSE required managed connectivity for both major financial organisations in India and outside the country.
Solution
BSE appointed TNS to provide access to trading functionality and market data information via its fully managed Secure Trading Extranet. TNS’ Secure Trading Extranet connects over 1,500 financial community end-points, representing buy and sell-side institutions, market data and software vendors, exchanges and alternative trading venues. It boasts over 120 points of presence and provides services to customers across America, Europe and the Asia Pacific region, with its reach extending to many more.
