21 October 2016
Find out more

Raptor and TNS target Latin America

10 September 2012  |  1331 views  |  0 Source: Transaction Network Services

Raptor Trading Systems and Transaction Network Services (NYSE:TNS) are strengthening their position within the Latin American (Latam) financial markets and opening up access to trade to their North American customer base.

Raptor, the leading provider of client facing trading systems, is working primarily with TNS to allow cross-connectivity through TNS' secure trading network to the Latam markets that are experiencing a strong growth trajectory.

The strategic partnership between Raptor and TNS will allow both companies to target a growing market that is experiencing a great deal of regulatory change as well as technological advancement being impacted by increasing levels of online trading.

Previously, regulatory requirements constrained the Latam markets, making it difficult for firms to undertake global financial trading activity. Recent changes have included firms replacing legacy vendor and proprietary systems and opting to invest in customizable, low latency trading solutions. These changes have helped them achieve greater operating efficiency and provide a strong platform to compete in.

Teddy Lardos, CEO of Raptor Trading Systems said: "The Latam markets significantly benefit from low latency solutions and our collaboration with TNS allows us to bring that service to market. The joint solution also addresses broker requirements and removes the need for them to upgrade their technology to trade. For a cautious and regulated market, flexible and transparent solutions can be the only way to reach markets such as Brazil, Chile, Columbia and Mexico."

Alan Schwartz, President of TNS' Financial Services Division said: "Varied regulations and fluctuating electronic market access has compelled local and international players into seeking flexible and reliable solutions. TNS has the ability to keep up with the increasing rate of change and together with Raptor, are in a favorable position to gain a rewarding position in this fast-paced market.

"Using TNS' resilient and diverse connectivity, the Latam financial community can securely trade without the need for costly infrastructure. Our solutions can be seamlessly integrated and provide a sustainable long term resolution for markets of this type."

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit VocaLink.comFind out more

Top topics

Most viewed Most shared
The bank of the future will be invisible - KPMGThe bank of the future will be invisible -...
30798 views comments | 113 tweets | 210 linkedin
New EU rules could cost UK firms £122bn in cybersecurity fines - PCI SSCNew EU rules could cost UK firms £122...
10558 views comments | 31 tweets | 36 linkedin
Barclays and Citi test blockchain tech for equity swaps processingBarclays and Citi test blockchain tech for...
8237 views comments | 24 tweets | 16 linkedin
ING takes fintech startup route to UK relaunchING takes fintech startup route to UK rela...
6778 views comments | 29 tweets | 21 linkedin
Faster payments are taking overFaster payments are taking over
6508 views comments | 14 tweets | 15 linkedin

Featured job

to c.£100K base, double OTE
London, UK (covering Europe)

Find your next job