TRAFiX taps TNS for full-stack managed services offering as it eyes global expansion

TRAFiX has tapped Transaction Network Services (TNS) for its full stack managed services offering as it looks to boost its global expansion.

Based out of the Equinix TR2 Data Center in Toronto, TRAFiX will leverage the TNS Dedicated Server offering to optimise its trading connectivity requirements. TRAFiX will also use the recently launched TNS Cloud Server Management solution, which combines operating system installation, configuration and patching as well as monitoring, troubleshooting and access management.

“This partnership will help TRAFiX to effectively execute its global expansion strategy,” TNS’ vice president of sales and marketing for its financial markets business, Rick Gilbody, told BEST EXECUTION.

“TNS Cloud Server Management, paired with established colocation capabilities, reduces complexity by providing both infrastructure and end-to-end server management in order to provide full systems management integration, stability and security, simplifying operations to enable partners, like TRAFiX, to focus on their business expansion strategy,” said Gilbody.

By integrating infrastructure procurement, deployment, configuration and management, TRAFiX can help its customers simplify operations, and rapidly increase their go-to-market opportunities, he added.

The TNS Dedicated Server offers access to nine standardised server options optimised for front and middle office trading infrastructure and is designed to deliver low latency performance of trading applications with multiple dedicated server options available.

Greg Perry, TRAFiX chief operating officer (COO) said: “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.

“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,” Perry added.

©Markets Media Europe 2023