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) is now offering hosting and co-location
services at the country’s main exchange-owned data centre.
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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:
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
@ASX.
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TNSClare CockroftPR DirectorT: +44 (0)114 292 0163E:
pr@tnsi.comorJoanne MoorwoodSenior Director, Marketing
Communications+1 703 814 8065