BornTec Sharpens Business Focus Through Strategic Transaction

BornTec, a market leader in providing data driven solutions for surveillance, risk, compliance, and regulatory reporting in global markets, has sharpened its business focus with a recently completed divestiture of its colocation and managed hosting business lines to TNS, Inc.


Derek Haworth, CEO and co-founder, heralded a new era for BornTec following the transaction.


“BornTec has been a visionary in capital markets for over 20 years. This transaction marks the continued evolution of the BornTec story as we provide premium at-trade and post-trade data intelligence and automation products and solutions across a broad array of markets and products,” said Haworth.
The restructuring is a continuation of a strategic shift that is driven by BornTec’s focus on helping clients realize the full value of their multi-asset data in real-time with tools and insights that address their most urgent and intractable risk management and compliance requirements.

“Capital markets firms face ever increasing challenges with reporting requirements, particularly with respect to operational resilience, challenges that demand an integrated, real-time view of data. Our CrossCheck platform meets these needs,” Haworth said.
Operational resilience requirements, a primary discussion theme at most sell-side and buy-side organizations, are easily solved through CrossCheck’s low-code automation platform.
“This divestiture will not only sharpen our focus, but provides additional flexibility for further investment and acquisitions, bolstering continued triple-digit growth rate,” said Buck Haworth, CFO and co-founder.
The transaction was completed on March 24, 2023.

For additional information, contact BornTec at


About BornTec
BornTec serves financial market participants with its flagship application CrossCheck™, providing a global real-time at-trade and post-trade view of their trade flow. When combined with publicly available market information, unparalleled data visibility and event monitoring are unlocked, with applications for client coverage, operations, compliance, data analytics and C-Suite.
About Transaction Network Services (TNS)
Founded in 1990 and with headquarters across USA, Europe and Asia, TNS is a leading provider of mission-critical infrastructure, connectivity, market data and analytic services for the Financial Markets community. Delivered as a fully managed Infrastructure-as-a-Service offering, TNS provides an unrivaled, global, mission-critical footprint that significantly reduces the burdens, complexities and costs attributed to firms ‘going direct’. Through its ultra-low latency connectivity, its global market data offerings and its dedicated 24x7x365 local support, TNS remains the trusted solution provider to more than 750 counterparties globally.


BornTec Divests Managed Hosting and Colocation Business in Deal With TNS

Acquisition ensures seamless integration with uninterrupted colocation services and enhanced mission-critical connectivity

RESTON, Va.–(BUSINESS WIRE)–Transaction Network Services (TNS) and BornTec today announced TNS’ acquisition of BornTec’s managed hosting and colocation business. This acquisition continues TNS’ expansion of its global connectivity footprint and builds on previous acquisitions.

For BornTec, the move was strategic. “This divestiture allows us to sharpen our focus on our industry-leading CrossCheck trading data analytics platform, bringing us to the forefront of at-trade and post-trade operational resilience, data intelligence and automation,” said Derek Haworth, CEO of BornTec.

“We’re extending our reach and connectivity with the same white-glove service and single-source support that BornTec’s customers expect”

For TNS, the acquisition expands mission-critical connectivity for TNS’ diverse customer portfolio of exchanges and trading venues, buy- and sell-side institutions, market data vendors, software developers and cloud service providers around the world.

“We’re extending our reach and connectivity with the same white-glove service and single-source support that BornTec’s customers expect,” said Tom Lazenga, General Manager, Financial Markets, TNS. “BornTec is a capital markets visionary, and this acquisition fits seamlessly into TNS’ managed hosting strategy that we embarked on five years ago.”

In 2019, TNS augmented its financial services footprint with the first globally deployed Layer 1 ultra-low latency trading infrastructure. Today, TNS is committed to continuing to scale its capabilities and global presence as evidenced by this acquisition.

“We vetted several acquirer candidates, and, with TNS, we found a partner that shares our customer-centric values,” added Haworth. “We’re confident that our managed hosting customers will be well served within TNS’ global colocation infrastructure.”

BornTec’s managed hosting customers will receive uninterrupted service, and they will also have the opportunity to upgrade to TNS’ Layer 1 connectivity with ultralow 5-85 nanosecond latency for unparalleled trading access within the TNS global exchange community. The transaction closed on March 21, 2023.

TNS brings together over 2,800 financial community endpoints, supported by a global, 125-strong point-of-presence footprint. Specifically designed and engineered to address the needs of financial market participants worldwide, TNS offers a range of connectivity, colocation, cloud, market data and VPN solutions within its IaaS portfolio. Its solutions are monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK, Australia, and Malaysia. For further information visit



BornTec’s 2022 Year End Recap

BornTec had an incredibly successful year in which we achieved significant growth and development. The company was able to attract a large number of new clients, which helped to increase revenue significantly. This growth was due to the company’s commitment to providing excellent service and developing innovative solutions to meet the needs of their clients. The company’s dedication to customer service was evident in their continued success in attracting new business.

In addition to our success in attracting new clients, BornTec also made significant progress in furthering the development of Surveillance Compliance and Regulatory Reporting. These are two critical areas for the financial services industry, and BornTec’s commitment to improving our solutions in these areas has helped them to become a leader in the industry. The company’s focus on innovation and technology has allowed us to develop solutions that are both effective and efficient, which has helped gain a competitive advantage over competitors. Overall, BornTec’s successful year can be attributed to the focus on customer service and innovation, which has allowed them to grow and develop in a challenging market.


BornTec had the pleasure of attending FIA Boca 2022

BornTec had the pleasure of attending FIA Boca 2022. It was great reconnecting with customers, friends, and former colleagues after nearly two years virtual.

The advance in technology and cryptocurrency over the past several years showed a strong presence at this year’s conference. There were several crypto exhibitors that spoke on the institutionalization of crypto, which brought a large crowd to the several panel discussions that were held throughout the conference. On a related note, last week we saw Goldman Sachs become the first major bank to execute an OTC crypto trade, and more are likely to follow.

Boca FIA

Innovations and business models now employed in the Crypto space caused many to discuss the applicability of these in the broader futures space. Topics included cloud based trading and connectivity and the possibility of rethinking the exchanges model of charging for market data.

Data utilization was another hot topic at the
Boca event, and one close to our hearts at BornTec. Many of the discussions we had were centric to how brokers and FCM’s can make better use of their trade data, run meaningful analytics from their data, and solve key problems like faster customer onboarding through better data dissemination.

The event was among the most well attended Boca conferences on record, and would have likely been a stronger turnout if not for the recent geopolitical and market turmoil keeping some from attending. We spoke to several persons who had meetings canceled last minute as the gyrating energy and commodity markets necessitated key people stay home to attend to business during this time.

We had a busy and enjoyable conference and can’t wait for next year.


BornTec’s CrossCheck Selected by FCT Europe Limited as Premier Regulatory Solution

Using CrossCheck will enable FCT to meet trade surveillance and compliance needs

CHICAGO–(BUSINESS WIRE)–BornTec, the premier provider of real-time trade surveillance, data analytics, and compliance solutions for the capital markets industry, today announced that FCT Europe Limited has selected CrossCheck to meet its compliance mandates for trade surveillance.

“At FCT, we take compliance seriously. After reviewing several platforms, we determined BornTec’s CrossCheck best fit our needs, both today and as we expand. The team at BornTec have been great – hands-on and easy to work with. The solution was essentially turnkey.”

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FCT, a regulated proprietary trading firm with traders located across Europe, Asia, and North America, is presently growing operations both organically and strategically with its unique approach to trading.

FCT’s Director, Mario Kyriacou, said: “At FCT, we take compliance seriously. After reviewing several platforms, we determined BornTec’s CrossCheck best fit our needs, both today and as we expand. The team at BornTec have been great – hands-on and easy to work with. The solution was essentially turnkey.”

BornTec CEO Derek Haworth said: “The success FCT has enjoyed speaks to the vision and execution of the management team and the intelligence and entrepreneurial spirit of all the traders there. As a multi-asset, multi-region buy-side firm, it had specific needs and complexities that we were eager to deliver via CrossCheck’s unique data model.”

In recent months, BornTec has seen a significant increase in implementation of the CrossCheck platform by hedge funds and proprietary trading firms. More of the buy-side has been expanding internal compliance capabilities, easing the burden on brokers and clearing members. To learn more about BornTec’s regulatory solutions, contact us.

About BornTec

BornTec provides technology infrastructure and services to global banks, futures commission merchants, hedge funds, and asset managers. Providing execution into global exchanges through technology architecture that reduces latencies and offers direct market access, BornTec services clients globally.

About FCT

FCT Europe Limited is an FCA-regulated proprietary trading firm that participates in the global capital markets. It is one of the industry’s most innovative and forward-thinking firms; with success driven by its steadfast adherence to its core principle of investing in people to drive success for the firm.


PhillipCapital UK Implements BornTec’s CrossCheck FIX Hub and Data Software Solution

Recently, BornTec implemented its CrossCheck FIX Hub and data software solution for PhillipCapital UK. This implementation, along with other technology integrations, are part of PhillipCapital UK’s strategy to continue building out its institutional tech infrastructure and pushing towards becoming the UK gateway to the Asian markets. 

As a way to provide more information to their audiences, BornTec CEO Derek Haworth and Jon Regan, CEO of PhillipCapital UK, recently discussed how the two companies complement each other and the benefits that PhillipCapital UK clients will see. The highlights of their conversation are below:

Derek: Jon, I’m glad we could get together today and chat through this new working relationship. Can you start us off by giving a brief description of PhillipCapital UK?

Jon: Likewise. PhillipCapital UK is a London-based member of the PhillipCapital group of companies, headquartered in Singapore. We are a full-service broker offering a full range of services to retail, HNWI, family office, corporate, and institutional clients. PhillipCapital provides our clients with execution and clearing services across a variety of asset classes including exchange-traded futures and options, base metals, FX, and CFDs.

Derek: What brought you and your team to BornTec and our software solutions?

Jon: We were looking for a vendor that could become a long-term partner as we continue our technology infrastructure buildout. PhillipCapital is a technology-focused firm and BornTec was identified as a company that could keep pace with our growing and changing technical needs. We were also looking for a vendor with the agility that our customers demand in order to deliver on short notice.

Derek: We quickly recognized that the integration agility and flexibility you require are an ideal match for our technology stack. As we have all come to find, the future of our businesses is real-time hyper-connectedness, and consequently, if you can’t integrate, you can’t innovate. Our centralized hub for normalizing and distributing real-time post-trade data enables the speed of delivery that you and your customers require. Plugging new applications or customers into the data hub will be seamless. 

In your view, why is now the right time to join together? How will this implementation help streamline processes for PhillipCapital UK and its clients?

Jon: PhillipCapital UK has recently undertaken several initiatives to build out our infrastructure, invest in technology, and grow our product and services offerings. Of course, this is all with an eye to servicing our customers in a more effective way and providing them with best-in-class solutions. We believe that our technology offering, combined with our Asian market coverage through our parent company, Phillip Capital Pte Ltd., gives us a strategic advantage in the institutional space. 

Jon: Speaking of the space, I know you guys keep a close eye on industry trends. I’d be curious to hear about some of the trends you are seeing in the industry right now.

Derek: I think the pace of regulatory enforcement will definitely continue, and probably accelerate, in the coming years. We see this happening today from traditional oversight bodies such as the CFTC and FCA, but we’ve also seen a marked increase in exchange-issued fines and enforcement actions. There’s also the continued trend of vendor consolidation at banks and brokerage houses. And then lastly I’d note that we are seeing a strong interest in the area of post-trade data analysis and monetization. We’ll certainly keep watching to see how these trends pan out.

What’s the future looking like for your team in the UK and as a whole?

Jon: Our main focus now and in the near future is to continue to grow the business — particularly on the institutional side — and the CrossCheck solution is surely playing a major role in that. 

Derek: And, we’re thrilled to be a part of that journey, Jon. Thanks for taking the time to chat today. Looking forward to many more of these!

Jon: The feeling is mutual, Derek. Yes, a great chat and a bright future ahead of us.

To learn more about PhillipCapital UK, please visit