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Thomson Reuters Launches Managed Services in NY4

Thomson
Reuters has launched Elektron Managed Services in the Equinix NY4 data centre
in Secaucus, New Jersey.

The concept
behind this move is that financial institutions will be able to free up resources
to focus more on their core activities by outsourcing the management and
support of Thomson Reuters Enterprise Platform (TREP) and Elektron Real-Time
from customer managed to Thomson Reuters managed services, in addition to the procuring
market data infrastructure, networking, space and power.

“Access to
reliable, time sensitive financial information is crucial to market
participants who are automating and outsourcing wherever possible to improve
performance and reduce costs,” says Paras Sidapara, global head of managed
services at Thomson Reuters.

He
continues: “With more than 20 points of presence located in key liquidity
venues around the globe, Elektron Managed Services offers robust market data
latency options, open platform capability for customers and third-party
developers, scalability and round-the-clock support as a managed service.”

Meanwhile
John Knuff, vice president of digital payments at Equinix, comments: “The
expansion of Thomson Reuters into our NY4 location further propels our financial
ecosystem forward and showcases how financial partners can co-locate trading
platforms inside Equinix and interconnect to provide low latency data feeds,
analytics and transactional connectivity.”
 

Galen Stops

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