TNS launches encryption service

Traders are being given enhanced security measures thanks to the introduction of a new encryption solution from Transaction Network Services (TNS).

First Published by e-Forex News: June, 2017

Traders are being given enhanced security measures thanks to the introduction of a new encryption solution from Transaction Network Services (TNS). The TNS Encryption Service allows financial market participants to further protect the privacy of their trading data as it flows across TNS’ Secure Trading Extranet and Secure Trading Hub, thereby further safeguarding the financial data from unauthorized individuals or organizations. Alex Walker, Executive Vice President and Managing Director of TNS’ Financial Services Division, said: “We are hearing more and more from our buy-side customers about their concerns for security and protection, especially where IP connections are utilized in the FIX trading ecosystem. By deploying class leading network encryption, firms can ensure valuable trading information is kept private during transmission.” Read more about TNS on page 162.