Full-Time
Posted on 12/13/2025
Managed network solutions for real-time transactions
$73k - $90k/yr
Virginia, USA
Remote
TNS provides managed data communication and value-added services to banks, retailers, and payment processors. It operates a global, secure managed IP network and offers real-time transaction processing along with additional services. Its products work through a recurring-revenue model where customers pay monthly for network access and services, plus one-time fees for installation and professional services. Compared with competitors, TNS specializes in secure, real-time payment and financial-services networks with end-to-end managed connectivity and services, serving financial institutions, retailers, and processors at a global scale. The company aims to help customers move money quickly and securely by delivering reliable network connectivity and real-time processing across the payments ecosystem.
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Reston, Virginia
Founded
1990
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Transaction Network Services has appointed Levent Mehmet as Managing Director for Asia Pacific in its Financial Markets business. Based in Singapore, Mehmet will oversee strategy, sales and client engagement across the region. Mehmet brings over 25 years of experience in financial market data and infrastructure. He previously spent 17 years at ICE Data Services, where he drove expansion across Asia Pacific, and held positions at SIX and Bloomberg in Europe and the Middle East. He will lead TNS teams in Japan, Hong Kong and Singapore, whilst supporting clients across China, India, Indonesia, Malaysia, the Philippines, Taiwan, Thailand and Vietnam. TNS provides connectivity and infrastructure services to over 750 financial market counterparties globally through more than 5,000 community endpoints.
TNS Financial Markets appoints Mehmet as managing director. 03 March 2026 Singapore Reporter: Zarah Choudhary Image: TNS Transaction Network Services (TNS), a provider of connectivity and infrastructure for financial markets, has appointed Levent Mehmet as managing director of Asia Pacific, for its Financial Markets business. Based in Singapore, Mehmet will lead strategy, sales, and client engagement across the region. He brings more than 25 years of experience in financial market data and infrastructure and prior to joining TNS, he spent 17 years with ICE Data Services, where he helped drive the company's expansion across Asia Pacific, and has also held positions with SIX and Bloomberg in Europe and the Middle East. According to the firm, Mehmet will lead TNS' teams based in Japan, Hong Kong, and Singapore, as well as supporting clients more widely across China, India, Indonesia, Malaysia, the Philippines, Taiwan, Thailand, and Vietnam. Commenting on his appointment, Mehmet says: "Asia is a key centre for trading innovation, and TNS is playing an increasingly important role in helping firms connect and grow in these markets. "With new market data connectivity, a proven network infrastructure, and strong relationships across global exchanges, including additional exchange coverage added recently, we're helping clients to trade smarter and faster." According to Mehmet, the expansion of overnight trading in the US illustrates how quickly global markets are evolving. "By continually adding these venues to our network, TNS ensures clients can capture opportunities as they emerge, whether that means trading US equities during Asian hours or broadening their market reach. My focus will be on scaling that success across the region." Rick Gilbody, global head of sales and marketing at TNS Financial Markets, adds: "Levent's appointment underlines its commitment to long-term growth across key trading hubs. "His leadership will strengthen how we deliver locally, aligning our network and exchange relationships with the needs of firms operating across multiple markets." Next people moves article NO FEE, NO RISK 100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Transaction Network Services has launched TNSPay SmartRoute, an intelligent payment routing solution enabling merchants, acquirers and processors to control transaction routing across data centres and processors. The platform allows real-time rule configuration, automated failover and operational visibility through a secure, multi-tenant portal. The solution addresses payment ecosystem distribution challenges by letting teams dynamically optimise routing based on performance, cost and availability. Features include customer-configurable routing without third-party dependencies, automated failover during disruptions, role-based access controls and visual network mapping. Built on TNS' PCI DSS Level 1 infrastructure with global support, TNSPay SmartRoute is available worldwide, with additional enhancements planned for 2026. TNS serves over 1,400 organisations across 50 countries with payment and network solutions.
Transaction Network Services has launched an interactive customer portal for its Data Usage Optimizer, allowing financial firms to directly analyse market data subscriptions and identify unnecessary spending. The portal transforms complex vendor entitlement data into actionable dashboards. Market data represents one of the largest operational expenses for financial firms. TNS reported that DUO helped one global bank identify monthly savings of $60,000 by highlighting unused data feeds. The portal offers advanced analytics, multi-site management across global offices, and customisable cost modelling with contract pricing and regional fee variations. Users can independently upload vendor files and generate savings reports on demand. TNS plans to expand the platform with automated feed provisioning and support for additional data providers. The company serves over 750 counterparties globally with connectivity and market data services.
TNS upgrades TNS Data Usage Optimizer with launch of interactive customer portal. Transaction Network Services (TNS) today announced an upgrade to its TNS Data Usage Optimizer (DUO) with the launch of an interactive customer portal. Building on the launch of DUO in late 2024, this new interface offers buy-side and sell-side firms direct, on-demand access to the DUO portal to analyze market data subscriptions, identify unused services, and eliminate unnecessary spend. Market data is one of the largest operational expenses for financial firms, yet costs can be notoriously difficult to manage. The new DUO portal turns complex, raw data files from vendor entitlement systems into an actionable dashboard, allowing firms to quickly pinpoint and eradicate non-essential costs. "Last year we introduced DUO to solve a critical industry problem. Today, we're putting the power to control market data costs directly into our customers' hands," said Tom Lazenga, General Manager, TNS Financial Markets. "The DUO portal empowers data managers and desk heads to instantly identify and act on potential savings." The DUO portal is the second release of the software and provides a centralized, global view of data expenses. Key features include: * Direct customer access: Firms can independently upload vendor files and generate savings reports on their own schedule, accelerating the optimization process. * Advanced analytics: DUO's data grid allows users to filter information by user, location, or data feed. Custom reports can be created and saved to generate an actionable list for immediate cost reduction. * Global, multi-site management: A single, intuitive interface provides a holistic view to manage and analyze data costs across a firm's portfolio of global offices. * Customizable cost modeling: Users can input specific contract pricing, bulk discounts, and regional fee variations to build an accurate picture of potential savings. "Our goal with the DUO portal was to make identifying wasted spend as simple as possible," said Lazenga. "This portal lays the foundation for our product roadmap, which includes automated feed provisioning and support for additional data providers."