TNS launches standardized Dedicated Server offering for financial markets

Rick Steves

“Leveraging our buying power and specification standards also allows TNS to make these servers available with more flexible and lower cost commercial options than buying a bespoke server specification.”

Transaction Network Services (TNS) has launched a standardized Dedicated Server offering as part of the deployment of its new Cloud platform for financial markets.

Designed for high-performance trading, the product utilizes TNS’ bare metal servers, as well as ultra-low latency trading connectivity through TNS Layer 1.

The TNS Dedicated Server solution was introduced to help standardize performance, improve time to market, and optimize costs while providing low-latency network access, troubleshooting, and support.

“Lower-cost commercial options than buying a bespoke server specification”

Jeff Mezger, TNS’ Vice President of Product Management, Financial Markets, said: “Our new Dedicated Server solution significantly reduces time-to-market for our customers. Traditionally, it could take months to procure the necessary hardware to connect to a new market. With our inventory of bare metal servers, we can quickly and easily provide customers with the infrastructure they need, allowing them to access new markets and opportunities faster than ever before.

“Leveraging our buying power and specification standards also allows TNS to make these servers available with more flexible and lower cost commercial options than buying a bespoke server specification. These servers have been extensively tested in our hardware lab to ensure that they are tuned for optimal performance as required by today’s trading platforms.”

“This is the first step in addressing a significant gap in the industry,” said Mezger. “In contrast to larger competitors, these offerings have been specifically designed to meet the performance and demands of the capital markets.”

Optimized for front and middle office trading infrastructure

The newly launched Dedicated Server features 16 standardized server options that have been optimized for front and middle office trading infrastructure to meet the specific computing needs of clients.

The offering is designed to deliver low latency performance of trading applications. TNS has stated that multiple dedicated server options will be available. TNS’ inventory of servers allows for rapid installation, alleviating supply chain challenges for hardware.

The cost of TNS’ Dedicated Server rental includes a monthly fee with terms as low as one month. This allows the flexibility to pay for server rentals on a month-to-month basis without committing to a long-term contract for a high-end server, the firm explained.

TNS is rolling out its new Cloud platform. The complete suite of hosting solutions will offer a range of dedicated and shared compute options to meet the needs of traders and investors of all types.

The company boasts a 125-strong point-of-presence footprint to bring together over 2,800 financial community endpoints with access to connectivity, colocation, cloud, market data, and VPN solutions within its Infrastructure as a Service (IaaS) portfolio.

Read this next

Digital Assets

US court rules crypto trades as securities in Coinbase case

A US court ruled that trading crypto assets on platforms like Coinbase constitutes securities transactions.

Market News

Weekly Data: Oil and Gold: Brief Review before the NFP

This preview of weekly data looks at USOIL and XAUUSD where economic data coming up later this week are the main market drivers for the near short-term outlook.

Institutional FX

FXSpotStream reports lower volumes for February 2024

FXSpotStream’s trading venue, the aggregator service of LiquidityMatch LLC, reported its operational metrics for February 2024, which moved lower on a monthly basis.

Fundamental Analysis

Global FX Market Summary: EUR, USD, Gold March 4th,2024

US Dollar Weakness: The US Dollar (USD) is currently struggling to gain strength due to a combination of factors.

Technical Analysis

Bitcoin Technical Analysis Report 4 March, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 69000.00 (former multiyear high from January)

Opinion

Finding Opportunity in Challenge: Why New Regulations Offer a Chance For Business to Get on Top of Data Management

The combination of CESOP, PSD3 and the PSR, has put businesses under new pressures. In this engaging article, André Casterman, Senior Advisor at Intix provides invaluable guidance on how companies can stay ahead of the curve.

Institutional FX

Finalto launches Prime of Prime offering on LSEG’s FX Matching venue

“By combining our expertise in Prime of Prime services with LSEG’s robust trading platform, we aim to empower clients with the tools and resources needed to navigate the FX market with confidence.”

Digital Assets

Tether’s USDT stablecoin nears 100 billion in circulating supply

USDT, the world’s largest stablecoin, has reached close to 100 billion in circulating supply, currently sitting at around 99.5 billion. Its market capitalization, which reached over $100 billion at one point, is calculated by multiplying the supply by the price.

Market News

5 Hot Stocks For March 2024

Entering March 2024 marks the beginning of the final stretch of the first quarter of the year, seemingly passing swiftly amidst market anticipation and global economic factors.

<