TNS, the infrastructure, connectivity, market data and analytic services provider, has launched a standardised Dedicated Server offering, the first step in introducing the company’s new cloud platform for financial markets. The product is designed for high-performance trading and utilises TNS’s bare metal servers, along with ultra-low latency trading connectivity through TNS Layer 1.
“What we’re offering, as the first phase in the rollout of our cloud platform, is bare metal servers, dedicated to the customer, offered on flexible commercial terms,” Jeff Mezger, TNS’ Vice President of Product Management, Financial Markets, tells TradingTech Insight. “It’s a lease model, as opposed to having to pay a big upfront fee for hardware. And it’s agile from a time-to-market perspective in that we’re working directly with suppliers, so we can source and deploy servers quickly.”
There are 16 different server options on offer, optimised for front and middle office trading infrastructure, so clients can choose the computing power that fits their specific needs. TNS’ server inventory aims to provide rapid installation and to alleviate hardware supply chain problems that customers might otherwise face.
“We’re a big company and we buy lots of hardware around the world so we have relationships in all these regions with various vendors, manufacturers and resellers,” says Mezger. “A trading firm is not necessarily buying hardware at the scale we are or in the locations we are. We can leverage the scale of the TNS operation to get better pricing and faster deployment than if those firms were sourcing hardware themselves.”
With monthly rental terms, customers have the flexibility to pay on a month-to-month basis without committing to a long-term contract. Additionally, the servers have been extensively tested in TNS’ hardware lab to ensure that they are tuned for optimal performance, as required by today’s trading platforms says Mezger.
“The platform has been developed by a team of engineers that have deep history working as technologists at proprietary trading shops and banks,” he says. “They’ve taken the best practices from those environments and brought them to TNS, working on the server specifications in the lab, testing them to make sure that they provide optimal performance and designing them so they make full use of every piece of processing power in order to cater for high end applications that can process a lot of data in parallel at very low deterministic latency.”
As TNS’ cloud platform rollout continues, the company plans to offer a comprehensive suite of hosting solutions, providing both dedicated and shared compute options, to cater to traders and investors of all types.
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