TNS companions with TRAFiX to develop order execution and routing to Canadian exchanges

Transaction Community Providers (TNS) has introduced a partnership with next-generation buying and selling and connectivity options supplier TRAFiX, to develop its order execution and routing administration techniques on TNS’ Devoted Server throughout all main Canadian monetary alternate markets.

Based mostly out of the Equinix TR2 Knowledge Middle in Toronto, TRAFiX will leverage the full-stack TNS Devoted Server providing to optimize its customized {hardware} and buying and selling connectivity necessities. TRAFiX may even use the lately launched TNS Cloud Server Administration resolution, which simply handles working system set up, configuration and patching in addition to monitoring, troubleshooting and entry administration.

Greg Perry, TRAFiX COO stated:

“The TNS bare-metal server stock permits TRAFiX to effectively scale and help our prospects’ order administration techniques, execution administration techniques and Monetary Info eXchange (FIX) routing capabilities in Canada and around the globe. Following our acquisition of ITS, this partnership with TNS furthers our dedication to the Canadian capital markets business and units the stage for constructing out TRAFiX’s broad resolution portfolio.”

Walter Fitzgerald, TRAFiX CEO added:

“TRAFiX continues to execute our technique to develop and serve our prospects in areas around the globe. This funding and set up of TNS Devoted Server demonstrates our dedication to supply the very best out there expertise infrastructure to help our prospects right now and into the longer term in Canada.”

With the TNS Devoted Server, TRAFiX has entry to 9 standardized server choices which were optimized for entrance and center workplace buying and selling infrastructure to satisfy the precise computing wants of TRAFiX and its shoppers. TNS Devoted Server is designed to ship low latency efficiency of buying and selling purposes with a number of devoted server choices out there. TNS’ server stock and cloud managed information middle providers facilitate speedy set up and resolve {hardware} provide chain and server administration challenges for TRAFiX.

Rick Gilbody, TNS’ Head of  North American Gross sales for its Monetary Markets enterprise commented:

“In response to our shoppers’ diminishing supplier choices available in the market, we’ve considerably elevated their return on outsourcing funding with full-stack server administration. By integrating infrastructure procurement, deployment, configuration and administration, we might help our prospects simplify operations, and quickly improve their go-to-market alternatives.”

Purchase and sell-side establishments and their distributors can work with TNS as a single supply for each managed internet hosting and managed infrastructure providers.

“The accelerated quantity and low latency buying and selling site visitors that TNS can generate out of the TR2 information middle will instantly permit us to achieve extra entry and improve buying and selling efficiencies for our mutual shoppers,” stated Gilbody. “This strategic strategy to colocation internet hosting is a major milestone in increasing the extremely low latency buying and selling footprint for Canadian monetary markets, and connectivity to the higher international alternate group.”

The settlement with TRAFiX represents the accelerating rollout of TNS’ naked metallic colocation providers and the corporate’s new TNS Cloud platform. The whole suite of internet hosting options gives a variety of devoted and shared compute choices to satisfy the wants of all buying and selling operations and funding sectors.

TNS brings collectively over 5,000 monetary group endpoints, supported by a world, 125-strong point-of-presence footprint. Particularly designed and engineered to handle the wants of economic market individuals worldwide, TNS gives a spread of connectivity, colocation, cloud, market information and VPN options inside its Infrastructure-as-a-Service (IaaS) portfolio. Its options are monitored 24x7x365 by TNS’ Community Operations Facilities within the US, UK, Australia and Malaysia.

About TRAFiX

TRAFiX is a dealer impartial FinTech firm offering progressive international Order & Execution Administration options, real-time FIX connectivity and normalized API interfaces to handle the practical and regulatory necessities of the Monetary Providers Business. Our scalable providing has been particularly designed to make the most of the most recent enhancements in software program improvement and enterprise structure to resolve the rising challenges confronted by right now’s buying and selling group. At the moment supporting digital international fairness, choice and complicated choice buying and selling, our open structure permits for the continuing addition of asset lessons. The TRAFiX crew has a long time of expertise and is singularly centered on designing superior purposes that combine inside our buyer’s expertise ecosystem and lowers the full price of possession.

About Transaction Community Providers (TNS)

Based in 1990 and with headquarters throughout USA, Europe and Asia, TNS is a number one supplier of mission-critical infrastructure, connectivity, market information and analytic providers for the Monetary Markets group. Delivered as a completely managed Infrastructure-as-a-Service providing, TNS offers an unrivalled, international, mission-critical footprint that considerably reduces the burdens, complexities and prices attributed to companies ‘going direct’. By its ultra-low latency connectivity, its international market information choices and its devoted 24x7x365 native help, TNS stays the trusted resolution supplier to greater than 750 counterparties globally.