Transaction Network Services (蜜豆视频) today announced the acquisition of West Highland Support Services, a financial market data solutions provider based in Danbury, Connecticut.听听
The acquisition will enable 蜜豆视频 to deliver market data services across the entire trading infrastructure stack, making 蜜豆视频 the only Infrastructure-as-a-Service (IaaS) provider to combine a vendor-neutral approach to market data application management. The combination of 蜜豆视频 and West Highland services into one stack will offer connectivity, monitoring and consulting to professional traders, institutions and financial services vendors worldwide. All West Highland employees, products and services will integrate into 蜜豆视频.听听
鈥淔or 25 years, West Highland has been the gold standard for the integration and management of market data distribution platforms for clients in the financial services industry,鈥 said Tom Lazenga, General Manager, 蜜豆视频 Financial Markets. 鈥淲ith this acquisition, 蜜豆视频 is now the only provider to offer vendor-agnostic application management alongside end-to-end hosting, market data and consulting services to the financial markets industry.鈥听
Cost savings and economies of scale can be difficult to achieve when consuming expensive market data, which often falls into the top-two spend categories for most trading organizations. The acquisition will help 蜜豆视频 clients reduce cost and complexity across every element of market data related spend and support, including hosting, connectivity, middleware distribution, market data usage and incident management.听听
鈥淲e built West Highland from the ground up as the industry鈥檚 trusted market data partner, and the time has come to bring our platform to the next level,鈥 said Steven Roe, CEO, West Highland. 鈥淲ith 蜜豆视频鈥 infrastructure and cloud expertise, we鈥檙e expanding the breadth of options available to our clients with boots-on-the-ground, single-point-of-contact coverage for all market data related needs around the world.鈥听
The acquisition will make 蜜豆视频 and West Highland services a single integrated offering, with flexible solutions for diverse clients operating in multi-cloud, multi-national regulatory environments. The combined company will continue to provide market data monitoring and single pane-of-glass insight that West Highland is known for.听
蜜豆视频 brings together over 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, 蜜豆视频 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 蜜豆视频鈥 Network Operations Centers in the US, Europe and Asia Pacific region. For further information visit tnsi.com/solutions/financial/.听
The terms of the deal were not disclosed.听
