TNS launches cloud Server Management for buy- and sell-side institutions and their vendors
“Traders are racing toward cloud adoption, and with the early success of TNS Dedicated Server, TNS Cloud – Server Management now completes the package for clients who demand full systems management integration, stability, and security.”
Transaction Network Services (TNS) has launched TNS Cloud – Server Management to extend the build out of its TNS Cloud platform.
Designed for high-performance exchange trading utilizing TNS’ bare metal servers and ultra-low latency trading connectivity, TNS Cloud – Server Management delivers full-suite trading infrastructure and supports buy- and sell-side institutions and their vendors.
The end-to-end offering combines the company’s Dedicated Server hosting capabilities with hands-on server management to help dramatically reduce clients’ trading center complexity and costs.
TNS provides both infrastructure and end-to-end server management
TNS Cloud – Server Management simplifies and streamlines trading data centers by providing operations and maintenance for customers’ servers.
Jeff Mezger, Vice President of Product Development for Financial Markets at TNS, commented: “Our colocation and Managed Hosting already set the standard for the financial exchange industry. Up until now, trading organizations often outsourced cloud data center services, but still had to manage their own server resources. With our new Server Management, paired with TNS’ established colocation capabilities, we’re reducing complexity and breaking new ground by providing both infrastructure and end-to-end server management.”
“Traders are racing toward cloud adoption, and with the early success of TNS Dedicated Server, TNS Cloud – Server Management now completes the package for clients who demand full systems management integration, stability, and security. Trying to keep up with operating system updates are major pain points that increase costs and reduce time to market opportunities for our customers. With TNS Cloud – Server Management, we can provide not only infrastructure, but in-depth server management that frees up our clients to focus on their core business to move faster toward increased trading profitability.”
Built on the company’s global connectivity backbone, Server Management moves up the stack to provide clients with a single-source suite of custom services, including among other things:
- Operating system installation, configuration, and management;
- Server hardware and operating system health monitoring; and
- User access management.
In February 2023, TNS launched its Dedicated Server offering that optimizes custom hardware deployment, trading connectivity, and server procurement. The move represented the first phase of its private TNS Cloud build-out and Server Management accelerates the rollout of TNS’ bare metal colocation services and the TNS Cloud platform.
TNS offers a range of connectivity, colocation, cloud, market data, and VPN solutions within its Infrastructure-as-a-Service (IaaS) portfolio that are monitored 24x7x365 by TNS’ Network Operations Centers in the US, UK, Australia, and Malaysia.