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

Rockstar Co-Founder and All-star Line Up Join Advisory Board to Take Metacade into Post Beta Orbit

Metacade, the revolutionary Web3 gaming platform, prepares to streak out of beta with a slew of ground-breaking initiatives that will redefine the way blockchain games are developed.

Retail FX

Prop firm The Funded Trader shuts down, claims relaunch in April

Prop trading firm The Funded Trader has ceased all operations, with claims for a relaunch in the near future.

Digital Assets

Ethereum-Based Tokenized Real Estate Platform USP Launches On Republic

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization.

Digital Assets

Sui Spikes in Weekly DEX Volume, Joins Top 10 of All Blockchains

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Digital Assets

Prisma Finance suffers $10 million crypto exploit, attack ongoing

Liquid staking protocol Prisma Finance fell victim to a security exploit on March 28, resulting in nearly $10 million in Prisma mkUSD and wrapped stETH being stolen by hackers.

Digital Assets

Masa and LayerZero: Bridging Blockchains for Data Sovereignty

Masa Network is poised to revolutionize the personal data landscape with its upcoming launch as a cross-chain platform, making it accessible on a variety of blockchains right from the start.

Digital Assets

Big Time Generates over $100M in Revenue since Preseason

Innovative game developer Big Time Studios announces that its highly anticipated free-to-play multiplayer action/MMO RPG Big Time, has generated $100M in revenue. According to the team, players transacted a total volume of over $230M, without selling a single token.

Digital Assets

Centralized exchanges are 10 times more popular than DEXs in Western Europe

Western European traders are found to prefer centralized exchanges over decentralized ones as CEX traffic outpaces DEXs by a factor of ten.

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

<