Transaction Network Services (TNS) has expanded its TNS Cloud platform with the launch of the TNS Cloud–Server Management Suite. Following the introduction of the company’s dedicated server offering designed for high-performance trading in February, the new service adds hands-on management to TNS’ bare metal servers and ultra-low latency trading connectivity, aiming to significantly reduce the complexity and costs of deploying and operating trading infrastructure.
“Clients want to realise the purported benefits of the cloud, i.e. faster to deploy, lower cost, lower maintenance, etc.,” says Jeff Mezger, Vice President of Product Development for TNS’s Financial Markets business, speaking with TradingTech Insight. “But from a trading infrastructure perspective, the public cloud providers aren’t really fit for purpose. And they can end up being much more costly than expected depending on the specific deployment. The launch of TNS Cloud–Server Management is the next logical step in our progression of solving that challenge, following the TNS Dedicated Server product launch earlier this year. We’re blending the best of both worlds; the speed, time to market and agility of the cloud, but with the performance that firms expect in their trading infrastructure today.”
Built on the company’s global connectivity backbone, upgraded in June to cater for growing market data volumes, TNS Cloud–Server Management provides operations and maintenance for customers’ servers, offering a single-source suite that includes operating system installation, configuration and management; health monitoring of server hardware and operating system; and user access management.
“It’s the same environment we have for all our services, so low-latency infrastructure, high bandwidth, guaranteed deterministic delivery and so on. These services in our cloud platform use the exact same infrastructure.” says Mezger.
The introduction of TNS Cloud–Server Management accelerates the rollout of TNS’ bare metal colocation services and the TNS Cloud platform. The complete suite of hosting solutions offers a wide range of options, designed to meet the needs of all trading operations within all investment sectors, according to the company.
“We’re seeing interest from across the board; proprietary trading firms, sell side, buy side,” says Mezger. “If clients have specific tweaks they need to make to guarantee performance of their trading system, whether that’s to the operating system, the configuration, the file structure or anything else, we’re able to work with them on that.”
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