[October 16, 2017] |
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TNS Now Provides Managed Hosting in ASX's Dynamic Australian Liquidity Centre
Firms seeking the fastest access to Australia's buoyant cash equities,
derivatives and commodities markets have had their options enhanced
today with the announcement that Transaction
Network Services (TNS (News - Alert)) is now offering hosting and co-location
services at the country's main exchange-owned data centre.
This press release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20171016006303/en/
www.tnsfinancial.com (Photo: Business Wire)
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, said:
"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, Executive Vice President and Managing Director of TNS' Financial
Services Division, said: "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.
Mr Walker, said: "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.
Optimized 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.
The organization offers support for a full range of asset classes, as
well as eCommerce and FIX connectivity, and TNS' services are supported
by 24x7x365 monitoring and helpdesk support. To find out more please
visit www.tnsfinancial.com.
- ENDS -
About Transaction Network Services (News - Alert):
Transaction Network Services (TNS) is a leading global provider of data
communications and interoperability solutions. TNS offers a broad range
of networks and innovative value-added services which enable
transactions and the exchange of information in diverse industries such
as retail, banking, payment processing, telecommunications and the
financial markets.
Founded in 1990 in the United States, TNS has grown steadily and now
provides services in over 60 countries across the Americas, Europe and
the Asia Pacific region, with our reach extending to many more. TNS has
designed and implemented multiple data networks which support a variety
of widely accepted communications protocols and are designed to be
scalable and accessible by multiple methods.
About ASX
ASX is one of Australia's most innovative companies, operating at the
heart of Australia's financial markets. It is among the world's top 10
exchange groups and is a global leader in A$ and NZ$ financial markets.
A fully integrated exchange, ASX operates across multiple asset classes
- equities, fixed income, derivatives and managed funds - both listed
and OTC. We service retail, institutional and corporate customers
directly and through Australian and international intermediaries,
providing services that allow our customers to invest, trade and manage
risk. These services include listings, trading, post-trade, OTC
clearing, technology, information and data services
ASX invests in and operates the infrastructure that promotes the
stability of Australia's financial markets and is critical for the
efficient functioning of the nation's economy, economic growth and
position in the Asia Pacific region. We advocate for regulations that
support end-investors, grow the market and strengthen Australia's global
competitiveness.
More information about ASX's Australian Liquidity Centre can be found at asx.com.au/alc
or follow us on LinkedIn or Twitter (News - Alert) @ASX.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171016006303/en/
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