TRAFiX to leverage TNS Dedicated Server across all major Canadian financial exchange markets
“In response to our clients’ diminishing provider options in the market, we’ve significantly increased their return on outsourcing investment with full-stack server management. By integrating infrastructure procurement, deployment, configuration and management, we can help our customers simplify operations, and rapidly increase their go-to-market opportunities.”
Trading and connectivity solutions provider TRAFiX has tapped Transaction Network Services (TNS) to expand its order execution and routing management systems on TNS’ Dedicated Server across all major Canadian financial exchange markets.
TRAFiX will leverage the full-stack TNS Dedicated Server offering based out of the Equinix TR2 Data Center in Toronto and will also use the recently launched TNS Cloud Server Management solution.
This will allow TRAFiX to optimize its custom hardware and trading connectivity requirements as well as to better handle operating system installation, configuration, and patching as well as monitoring, troubleshooting, and access management.
9 standardized server options optimized for front and middle-office
The TNS Dedicated Server will provide TRAFiX with access to 9 standardized server options that have been optimized for front and middle-office trading infrastructure.
The solution is designed to deliver low latency performance of trading applications with multiple dedicated server options available. Its server inventory and cloud-managed data center services facilitate rapid installation and solve hardware supply chain and server management challenges for TRAFiX, according to TNS.
TNS has been accelerating the rollout of its bare metal colocation services and its new TNS Cloud platform, with the firm’s complete suite of hosting solutions offering a wide range of dedicated and shared computing options for trading operations and investment sectors.
The company offers a range of connectivity, colocation, cloud, market data, and VPN solutions within its Infrastructure-as-a-Service (IaaS) portfolio, bringing together over 5,000 financial community endpoints.
A strategic approach to colocation hosting
Greg Perry, Chief Operating Officer at TRAFiX, said: “The TNS bare-metal server inventory allows TRAFiX to efficiently scale and support our customers’ order management systems, execution management systems and Financial Information eXchange (FIX) routing capabilities in Canada and around the world. Following our acquisition of ITS, this partnership with TNS furthers our commitment to the Canadian capital markets industry and sets the stage for building out TRAFiX’s broad solution portfolio.”
Walter Fitzgerald, Chief Executive Officer at TRAFiX, commented: “TRAFiX continues to execute our strategy to expand and serve our customers in regions around the world. This investment and installation of TNS Dedicated Server demonstrates our commitment to provide the best available technology infrastructure to support our customers today and into the future in Canada.”
Rick Gilbody, Head of North American Sales (Financial Markets) at TNS, said: “In response to our clients’ diminishing provider options in the market, we’ve significantly increased their return on outsourcing investment with full-stack server management. By integrating infrastructure procurement, deployment, configuration and management, we can help our customers simplify operations, and rapidly increase their go-to-market opportunities.
“The accelerated volume and low latency trading traffic that TNS can generate out of the TR2 data center will immediately allow us to gain more access and increase trading efficiencies for our mutual clients. This strategic approach to colocation hosting is a significant milestone in expanding the ultra low latency trading footprint for Canadian financial markets, and connectivity to the greater global exchange community.”