TNS launches standardized Dedicated Server offering for financial markets
“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.