Transaction Network Services (TNS) has launched its popular Managed Hosting and Colocation offering in Madrid, which is set to benefit financial market participants looking to access Spain’s principal stock exchange, Bolsas y Mercados Españoles (BME).

This is TNS’ first deployment in Spain and joins Frankfurt, Germany and Bergamo, Italy as the organisation’s third Managed Hosting and Colocation venue in mainland Europe. It is the seventh site in Europe for TNS with Basildon, LD4, Interxion and LSE in the UK. The announcement underpins TNS’ commitment to investing in its European infrastructure.

The TNS offering provides lower overall costs compared to a DIY approach, due to TNS’ mutualised exchange connections and status as a registered data vendor with BME. This allows trading firms to focus on their core business instead of diverting the attention of internal resources to maintain an extensive infrastructure.