TNS Enchances Latin American Reach with Connection to CMA
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RESTON, Va.--(Business Wire)-- Transaction Network Services (NYSE:TNS) has joined forces with Brazil`s dominant market data and trading solutions provider CMA, to provide its clients with access to real time global financial data via TNS` Secure Trading Extranet. As a result of the deal, CMA`s direct and broker clients in Brazil, Chile, Argentina and Colombia will also benefit from fast and convenient access to the multitude of other trading and market data organizations that comprise TNS` global community of interest. Similarly, TNS`s community will be able to gain access to CMA`s extensive broker clients throughout Central and South America, in order to trade securities in those markets. Established in 1973, CMA is recognized globally as one of the leading specialist providers of integrated technology solutions for the financial markets, providing EMS/OMS Systems (Execution and Order Management Systems), DMA (Direct Market Access) Systems, Financial Connectivity Network and real time market data coverage of stocks, bonds, currencies, commodities and futures. CMA currently has clients in 35 countries across the globe, along with 12 subsidiaries, including offices in the United States, Spain, Portugal, Argentina, Uruguay, Chile, Mexico and Colombia. Romualdo Salata, General Director at CMA said, "Our mission is to provide the very latest technology solutions, communication networks and information systems for our clients, offering them the best possible service and a competitive edge in the marketplace. We aim to help them increase productivity, strengthen operational reliability and control risk, while offering the most cost effective solution for their connectivity requirements". "By connecting to TNS, our clients will benefit from a low latency, robust and reliable service, along with quick and easy access to a wide range of market leading potential clients and partners across the globe." Alan Schwartz, Executive Vice President, North American Sales, Transaction Network Services said: "CMA has been a trading solutions and market data provider in Brazil for over 20 years and commands an outstanding reputation throughout Latin America. By connecting to our market leading Secure Trading Extranet, their enhanced connectivity capabilities truly reflect that reputation and make a highly compelling proposition to clients. "For TNS, this deal means further expansion of our network coverage, which works to the benefit of our entire global client base." 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 120 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. For further information about TNS log onto www.tnsfinancial.com About Transaction Network Services Transaction Network Services (TNS) is an international data communications company that enables payments, money and voices to move around the world. TNS` mission is to enable the world to transact. It does this through a broad range of networking, communications and value added services, which it provides to many of the world`s leading retailers, banks/processors, telecommunications companies and financial markets. Since its inception in 1990, TNS has designed and implemented multiple data networks, each designed specifically for the transport of transaction-oriented data. TNS' networks support a variety of widely accepted communications protocols and are designed to be scalable and accessible by multiple methods. Today, TNS has 32 offices across 28 countries with the ability to provide services in other countries. For further information about TNS, visit www.tnsi.com. Statements and information contained in our press releases and newsletters that are not descriptions of historical fact may contain forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond our control, which could cause actual results to differ materially from historical results or performance and from any opinions or statements expressed with respect to future periods. www.tnsi.com Ptarmigan Bell Pottinger Paul Rogers / Kelly Gough Tel: +44 (0)113 237 2821 paulr@ptarmiganpr.co.uk kelly@ptarmiganpr.co.uk or TNS Clare Cockroft Tel: +44 (0)114 292 6416 ccockroft@tnsi.com Copyright Business Wire 2009
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