TNS Launches Capital Markets-Dedicated Server

Transaction Network Services (TNS) has announced the launch of a standardised dedicated server offering, which it says is the first phase in the deployment of its new Cloud platform for financial markets.

The new product is, the firm says, designed specifically for high-performance trading, utilising bare metal servers, as well as ultra-low latency trading connectivity through TNS Layer 1.

The firm will offer 16 standardised server options that have been optimised for front and middle office trading infrastructure and is designed, it says, to deliver low latency performance of trading applications and multiple dedicated server options.

“Our new dedicated server solution significantly reduces time-to-market for our customers,” says Jeff Mezger, TNS’ vice president of product management, financial markets. “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.

“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,” he adds.

The rental cost includes a monthly fee with terms as short as one month, TNS says, thus allowing 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.

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