Transaction Network Services (TNS) announced a partnership with next-generation trading and connectivity solutions provider TRAFiX to expand its order execution and routing management systems on TNS’ Dedicated Server across all major Canadian financial exchange markets.
Based out of the Equinix TR2 Data Center in Toronto, TRAFiX will leverage the full-stack TNS Dedicated Server offering to optimize its custom hardware and trading connectivity requirements. TRAFiX will also use the recently launched TNS Cloud Server Management solution, which easily handles operating system installation, configuration and patching as well as monitoring, troubleshooting and access management.
“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,” said Greg Perry, TRAFiX COO. “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.”
“TRAFiX continues to execute our strategy to expand and serve our customers in regions around the world,” said Walter Fitzgerald, TRAFiX CEO. “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.”
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With the TNS Dedicated Server, TRAFiX has access to 9 standardized server options that have been optimized for front and middle office trading infrastructure to meet the specific computing needs of TRAFiX and its clients. TNS Dedicated Server is designed to deliver low latency performance of trading applications with multiple dedicated server options available. TNS’ server inventory and cloud managed data center services facilitate rapid installation and solve hardware supply chain and server management challenges for TRAFiX.
“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,” said Rick Gilbody, TNS’ Head of North American Sales for its Financial Markets business. “By integrating infrastructure procurement, deployment, configuration and management, we can help our customers simplify operations, and rapidly increase their go-to-market opportunities.”
Buy and sell-side institutions and their vendors can work with TNS as a single source for both managed hosting and managed infrastructure services.
“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,” said Gilbody. “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.”
SOURCE: Businesswire