Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Alex Walker, TNS

25849

TNS launches managed hosting in the Australian Liquidity Centre

RELATED TOPICS​

Transaction Network Services (TNS) is now offering hosting and co-location services at Australia’s main exchange-owned data centre, providing firms with the fastest access to the country’s buoyant cash equities, derivatives and commodities markets.

TNS’ Managed Hosting Service is now available at the Australian Liquidity Centre (ALC) in Sydney which is owned by the Australian Securities Exchange (ASX). TNS’ flexible and scalable service enables financial organisations to efficiently and effectively expand their operations into new venues and territories by eliminating the complexity and cost involved with establishing and managing remote exchange access and data centre space.
 
David Raper, Executive General Manager, Trading Services at ASX, says: “We’re delighted that TNS has chosen to make its Managed Hosting Service available at the ALC. We’re confident that as a leading provider of services within the global financial markets TNS will be an asset to us as we look to develop and grow the number of participants and their service providers on our markets.”
 
TNS’ Managed Hosting, Co-Location and Connectivity Service eliminates headaches for financial organisations by owning the procurement, staging and management responsibilities for the infrastructure required by the client to trade in remote locations.
 
Alex Walker (pictured), Executive Vice President and Managing Director of TNS’ Financial Services Division, says: “With global trading demands ever increasing we are delighted to be establishing a Managed Hosting Service in the ALC. The service positions TNS as a fully managed one-stop provider for trading firms looking to compute, co-locate and connect within this strategically critical trading hub.
“We’re looking forward to our part in growing liquidity on ASX and ASX24 by providing this Managed Hosting Service to firms who don’t have IT resource in off-site locations and who want to eliminate capex while at the same time establish their trading servers and technology close to these markets.”
 
TNS also expects to see firms based in other Australian data centres to show an interest in its new service at ALC as a way of reducing latency, and for overseas firms to be keen to test the Australian market.
 
Walker says: “In addition to providing hosting, co-location and the initial connectivity required, once a customer comes on board with us they can quickly and easily reach other members of our 2,000+ strong financial community which spans the Americas, Europe and Asia Pacific region. On-net customers can typically establish connections within just three days. This means Australian financial market participants can use TNS to trade locally but also reach other key markets such as Hong Kong, Singapore, Taiwan, Japan, the US and UK, as well as many others.”   
 
TNS’ Managed Hosting, Co-Location and Connectivity Service removes the burden of maintaining multiple vendor relationships through one single supplier agreement with TNS. A variety of options are available, including shared rack and dedicated full rack space, scalable power to match hardware needs and the ability to choose a preferred operating system.
 
Optimised for electronic trading, TNS’ robust secure network has more than 125 POPs worldwide. TNS is relied on by the global financial markets for mission-critical connectivity to multiple diverse trading partners, including many of the world’s most prominent and influential buy and sell-side institutions, market data and software vendors, exchanges and alternative trading venues.

Latest News

New research from Carne Group reveals fund managers expect alternative asset classes to see the..
Brown Brothers Harriman & Co has expanded its relationship with AllianceBernstein (AB), by adding to..
The trading and investment platform eToro has extended its proxy voting feature to all stocks..

Related Articles

The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by