Financial connectivity provider Transaction Network Services (TNS) has appointed two business development managers after experiencing a 28 per cent increase in revenues during 2005 in its international services division.
Barry Bishop and Mo Meah will be responsible for identifying new business opportunities and developing relationships with customers and partners. They will be based at TNS' office in London.
Mr Bishop will drive growth of TNS' Secure Trading Extranet and wide area network (WAN) services throughout Eastern Europe, while Mr Meah will concentrate on UK markets.
With eight years sales experience, Mr Bishop joins TNS from London-based communications specialist Affiniti, where as business development manager he was responsible for identifying new business opportunities.
Mr Meah has 11 years sales experience and prior to joining TNS was senior sales executive at city-based broadband provider Easynet. In this role he was responsible for developing financial and retail pan-European networking solutions.
Mr Bishop said: "I am delighted to be joining TNS. Our dedicated financial sector technology brings together a community of interest offering real value to market participants, particularly buy and sell-side institutions.
"Eastern Europe is a fast moving and rapidly expanding marketplace, ready to capitalise on cutting edge connectivity. My aim is to build on TNS' activity in the region and firmly establish us as Eastern Europe's preferred provider."
Mr Meah, who will also be responsible for enhancing TNS' service to existing customers and pursuing new business opportunities, said: "I am looking forward to working for one of the industry's leading connectivity providers.
"TNS is a reputable and progressive company that works hard to maintain and enhance its position through unrivalled customer service and an impressive community of interest. I look forward to contributing to its continued success."
Welcoming the new recruits, Alex Walker, vice-president of TNS Financial Markets, said: "Barry and Mo bring with them broad sales experience and knowledge, which will benefit TNS' expansion plans.
"They join at an exciting time for the company as we extend our reach globally into new markets, such as Bermuda, South Korea, Thailand and Austria.
"In 2005 we made a major contribution to TNS' increased revenue by growing our global proprietary IP network from 70 to 96 points of presence, covering 28 countries."