TNS Helps Suprema Connect with New Markets.RESTON, Va. -- Baltic investment bank Suprema Securities is expanding its brokerage services after signing a deal with financial connectivity provider Transaction Network Services (TNS TNS transcutaneous neural stimulation. ), to use its proprietary IP network to access the Warsaw Stock Exchange Warsaw Stock Exchange The major securities market of Poland. . A fully managed connection to TNS' Secure Trading Extranet will help Suprema Securities achieve its vision of becoming one of the key players in the Pan-Baltic financial markets. The deal also benefits organisations already linked to TNS' Secure Trading Extranet because, as well as being able to use Suprema Securities to access the Warsaw Stock Exchange, they will be able to use the investment bank's other services, including trading on the Tallinn, Riga and Vilnius exchanges. Taavi Kainel, production and IT infrastructure manager at Suprema Securities, explained: "We aim to expand our business by building on our established operation in the Baltic states Baltic states, the countries of Estonia, Latvia, and Lithuania, bordering on the eastern coast of the Baltic Sea. Formed in 1918, they remained independent republics until their involuntary incorporation in 1940 into the USSR. They regained their independence in Sept. , with strong links outside the region. "Poland's fast developing economy is attracting investment on a global scale, making it one of eastern Europe's most important capital markets. Connecting to TNS' extranet makes us part of this activity, allowing us to provide brokerage services to domestic and foreign clients trading with its premier association, the Warsaw Stock Exchange. "Being part of TNS' financial community of interest will also offer us many opportunities for further expansion, which we hope to capitalise on in years to come. " Founded in 1993, Suprema Securities has offices in Tallinn, Riga, and Vilnius, the capitals of Estonia, Latvia and Lithuania respectively. It employs more than 70 staff, providing corporate finance, equity sales, trading and asset management services. Alex Walker Alex Walker (born 25 April 1984 in Bellshill) is a Scottish professional footballer. He currently plays for Scottish Football League club Greenock Morton as a midfielder. Before joining Morton he played for Clyde and Rangers. , vice president (international) at TNS' Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. Division, said: "We're delighted to be helping Suprema Securities expand its brokerage services and establish links with the Warsaw Stock Exchange. "Fast, secure and reliable connections are the back bone of modern electronic trading  This article or section is in need of attention from an expert on the subject.Please help recruit one or [ improve this article] yourself. See the talk page for details. and can help financial institutions achieve a commanding position, particularly as new markets open. Because of this, we are seeing increasing numbers of enquiries from eastern European organisations, aiming to capitalise on advanced technology, such as extranets." TNS' Secure Trading Extranet connects over 1,000 financial community end-points, representing more than 450 buy and sell-side institutions, market data and software vendors, exchanges and alternative trading venues. It boasts over 100 points of presence and provides services to 29 countries across America, Europe and the Asia Pacific region, with its reach extending to many more. Financial institutions using TNS' network can exchange a variety of trade-related messages, including indications of interest, order routing and trade executions. Security is paramount, with high-value transactions protected by access validation, end-to-end encryption Continuous protection of the confidentiality and integrity of transmitted information by encrypting it at the origin and decrypting at its destination. For example, a virtual private network (VPN) uses end-to-end encryption. Contrast with link encryption. and secure points-of-presence. For further information about TNS log onto www.tnsfinancial.com About Transaction Network Services Transaction Network Services is one of the leading providers of business-critical, cost-effective data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. services for transaction-oriented applications. TNS provides rapid, reliable and secure transaction delivery platforms to enable transaction authorisation and processing across several vertical markets and trading communities. 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 Hardware and software standards that govern data transmission between computers. The term "protocol" is very generic and is used for hundreds of different communications methods. A protocol may define the packet structure of the data transmitted or the control commands that manage the and are designed to be scalable and accessible by multiple methods. TNS' network technologies have been deployed in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and internationally, and TNS' networks have become preferred networks servicing the trading community, wireless and wireline carriers, and the card processing and dial-up automated teller machine automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. markets. For further information about TNS' transaction solutions, please refer to www.tns-international.com The statements and information contained in this press release that are not descriptions of historical fact may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Forward-looking statements involve a number of risks, uncertainties or other factors beyond TNS' 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. TNS disclaims any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this press release. |
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