Transaction Network Services
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| Transaction Network Services | |
|---|---|
| Type | Private |
| Industry | Data Communications |
| Founded | 1990 |
| Headquarters | Reston, Virginia, USA |
| Office Locations | US, UK, France, Germany, Italy, Spain, Australia, Thailand, Japan, India, Singapore, Hong Kong, Korea, Taiwan, Ireland, Romania, Malaysia |
| Key People | Mike Keegan, Dennis Randolph, Mark Cole, Jim McLaughlin |
| Regions | North America, Europe, Asia-Pacific |
| Coverage | TNS provides services to customers in over 60 countries with its reach extending to many more |
| Employees | 750+ |
| Payments Customers | Merchants, retailers, banks, acquirers, processors, Payment Service Providers (PSPs), financial institutions, ISOs, ATM operators and deployers |
| Telecoms Customers | Wireless, wireline and cable companies |
| Financial Customers | Buy-side and sell-side institutions, market data and software vendors, exchanges and alternative trading venues |
| Support | Network Operating Centers in the USA, UK and Australia providing proactive monitoring and 24x7 support |
| Website | www |
Transaction Network Services (TNS) is a privately held, multinational company that has been delivering industry-leading solutions for the payments, financial and telecommunications industries since 1990. TNS is the preferred supplier of networking, integrated data and voice services to many leading organizations in the global payments and financial communities, as well as a provider of extensive telecommunications network solutions to service providers.
TNS provides services to customers in over 60 countries throughout the world. Their customer base includes some of the largest global blue-chip companies in the world. Many of the world's leading companies rely on TNS as their primary provider of a range of networking and communication services. The company's global headquarters are in Reston, Virginia, USA.
Payments Division
TNS is a level 1 PCI DSS certified service provider with a range of connectivity, gateway and managed payments services enabling merchants to securely process transactions with all major banks, acquirers and processors. TNS are at the cutting edge of new technologies and include encryption and tokenization solutions within their portfolio, and can accommodate new forms of payment, such as mobile wallets, private label and loyalty schemes. TNS continue to invest heavily in our payment centric IP network while at the same time continuing to deliver support for established technologies, such as dial and X.25 communications.
Telecommunication Services Division
TNS’ Telecom Services Division addresses the evolving needs of network operators around the globe. As the industry evolves to next generation IP and wireless technologies, TNS leads the development of solutions to help carriers navigate a host of infrastructure complexities and maximize their network reach through the creation of unique multi-service hub solutions. From small rural operators in the US to the largest multi-national telecommunication providers, TNS’ portfolio of signaling, connectivity, interoperability, identity, routing, and database solutions helps enable the successful and reliable delivery of carrier-grade solutions around the globe, while it’s clearing, settlement and anti-fraud solutions protect a mobile network operator’s subscribers as well as its business. TNS Telecoms also offers a robocall solution, TNS Call Guardian, for major telecoms providers.[1]
Financial Services Division
TNS’ robust secure trading network is relied on by the global financial markets for mission-critical connectivity where speed, security and resilience are paramount. TNS brings together an extensive global financial community of interest, including many of the world’s most prominent and influential buy and sell-side institutions, market data and software vendors, exchanges and alternative trading venues. Through one highly secure low latency connection to TNS, financial organizations can connect to multiple diverse trading partners, including those in emerging markets across the Americas, Asia and Europe.
History
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- 1990 - TNS founded in the USA to provide services to the Point-of-Sale/Payments Industry[2]
- 1994 - Initial Public Offering - NASDAQ Listed[3]
- 1995 - TNS' Telecommunications Services Division launched
- 1996 - International offices launched in the UK, Canada and Ireland and TNS' Financial Services Division launched
- 1998 - Acquired AT&T's Transaction Access Service (USA)
- 1999 - Offices opened in Australia, France and Japan. Processing services launched in the UK. Listed on the NYSE. Acquired by PSINet[4]
- 2000 - Office Opened in Spain
- 2001 - Management, in conjunction with private equity firm GTCR Golder Rauner LLC, bought back TNS from PSINet[5]
- 2002 - Office opened in Italy
- 2003 - Acquired Openet (Italy)[6] and Transpoll Offline (UK) [7]
- 2004 – Initial Public Offering - NYSE Listing[8]
- 2005 - Acquired Connect Ro (Romania)
- 2006 - Offices opened in India, Thailand and South Korea.[9] Acquired Comms XL (UK),[10] InfiniRoute Networks Inc. (USA), Sonic Inc. (USA) and JPG Telecom SAS (France)
- 2007 - Acquired Dialect Payment Technologies (Australia)[11]
- 2008 - Offices opened in Hong Kong and Singapore
- 2009 - Acquired Verisign's Communication Services Group (USA)[12]
- 2010 - TNS Acquired Cequint, Inc. (USA)[13]
- 2013 - Office opened in Taiwan. TNS acquired by Siris Capital Group LLC in a take-private transaction[14]
- 2016 - Received Investment led by Koch Equity Development LLC[15]
References
- ^ "Sprint Announces Partnership with Transaction Network Services". 14 September 2016.
- ^ "Founder, Chairman, and CEO of Transaction Network Services Named Entrepreneur of the Year by Rensselaer - News & Events".
- ^ "TNS INC (TNS) IPO".
- ^ Deogun, Nikhil; Journal, Thomas E. Weber Staff Reporters of The Wall Street (23 August 1999). "PSINet Agrees to Acquire Transaction Network Services" – via Wall Street Journal.
- ^ "Same as it ever was at TNS". 3 January 2002.
- ^ "TNS Italy acquires Openet". 1 April 2003.
- ^ "Acquisition of Transpoll Offline for TNS (TNS)".
- ^ "TNS Prepares to Make Initial Public Offering (washingtonpost.com)".
- ^ "TNS extends secure trading network throughout SE Asia". 3 May 2006.
- ^ "TNS looks to buy in channel - CRN".
- ^ "TNS acquires Australia's Dialect Payment Technologies". 19 June 2007.
- ^ "TNS Set to Purchase a Division of VeriSign". 9 March 2009 – via washingtonpost.com.
- ^ Staff, Edit. "Gigaom - TNS Acquires Cequint's Caller ID Products For Up To $112.5 Million".
- ^ Turner, Nick. "TNS Agrees to Be Bought by Siris Capital".
- ^ "Koch Equity invests in Transaction Network Services". 12 January 2016.