Koscom Selects TNS for Global Market Data Distribution
KOSCOM, a leading IT services provider has connected to TNS’ Secure Trading Extranet. This connection will help KOSCOM to enhance its connectivity and support its international growth objectives.
KOSCOM provides a range of services, including the distribution of real-time market data. Under the terms of the agreement, TNS will provide low latency, secure, highly reliable and cost effective connectivity services to support KOSCOM and its clients.
By connecting to TNS’ fully managed Secure Trading Extranet, KOSCOM will be able to quickly establish connectivity to new and existing customers. Organisations that are already part of TNS’ extensive financial community can be connected to KOSCOM in as little as three working days.
Kang Shin, Head of the Global Business Department at KOSCOM, said: “By connecting to TNS’ Secure Trading Extranet, we are now able to extend our market data feeds to clients worldwide. We are keen to target international growth and strengthen our links with financial market participants outside of Asia, which TNS’ resilient, secure and fast technology will
allow.”
John Owens, Vice President, Exchanges and ECNs at TNS’ Financial Services Division, said: “KOSCOM is a valuable addition to our community and we are delighted to be collaborating with them. This agreement underpins the growing demand for fast, reliable and cost effective connectivity services which will help KOSCOM to reach its goal of developing
its market data business globally.”
TNS’ Secure Trading Extranet connects over 1,500 financial community end-points, representing buy-side and sell-side institutions, market data and software vendors, exchanges and alternative trading venues. It boasts over 115 points of presence and provides services to clients in over 28 countries across America, Europe and the Asia Pacific
region, with its reach extending to many more countries.
