Broadridge Taps TNS to Enhance Its Global Futures and Options Platform

The global Fintech leader Broadridge Financial Solutions, Inc. (Broadridge) announced on Monday (June 17) the integration of its global Futures and Options (F&O) Software-as-a-Service (SaaS) Platform with Transaction Network Services (TNS), a leading provider of mission-critical infrastructure.

Through this collaboration, TNS will enhance the functionality of Broadridge's F&O platform by providing global exchange connectivity for order routing and market data access as the vendor of record.

Broadridge's global F&O platform, launched in March this year​, aims to expand its existing derivatives trading capabilities and revolutionize order and execution management for sell-side institutions.

Mike Johnson, General Manager, F&O, Broadridge Trading and Connectivity Solutions, said: "With the addition of TNS, futures commission merchants and agency brokers will now have access to simplified, market data while benefiting from reduced implementation costs and improved time-to-market. Broadridge's F&O platform helps firms simplify and optimize trading through its modular and flexible deployment capabilities and we are committed to providing globally resilient solutions for our clients. This integration enhances our software offering and aligns with the growing industry trend where clients are moving away from hosting their own trading infrastructure."

Tom Lazenga, General Manager, TNS Financial Markets, said: "Broadridge is a trusted global technology partner, and our collaboration underscores TNS' commitment to providing fast and resilient connectivity solutions, specifically designed and engineered to address the needs of the financial services industry worldwide. With access to more than 130 exchanges across 25 countries and extensive in-house expertise in each location, we are proud to support Broadridge in delivering a global source of exchange market data and infrastructure, helping their clients achieve greater efficiency and effectiveness in their trading activities."