KOSCOM Selects TNS for Global Market Data Distribution

KOSCOM, a leading IT services provider has connected to TNS' (NYSE: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.

For further information about TNS log onto www.tnsfinancial.com

Ends/...

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

SOURCE: Transaction Network Services

TNS 
Jenny Nelson 
Tel: +44(0) 114 292 6458 
jnelson@tnsi.com 
or 
Clare Cockroft 
Tel: +44 (0)114 292 6416 
ccockroft@tnsi.com

Related terms: asia, business, communications, community, market, money, networking, nyse, president, software, technology, telecommunications