Asset servicing technology news | TNS launches Cloud

Transaction Network Services has launched TNS Cloud – Server Management to deliver support to buy- and sell-side institutions and vendors.

The initiative will combine the company’s server hosting capabilities with direct server management.

The Virginia firm’s new utility is designed to streamline trading data centers by providing operations and maintenance for customer servers.

It provides clients with a suite of services including operating system installation, configuration and management, server hardware, operating system health monitoring and user access management.

The suite makes use of TNS’ bare metal servers and aims to provide low latency trading connectivity for exchange trading and to reduce trading center complexity and costs.

The launch…