Transaction Network Services (TSN) has launched a new connectivity solution, TNS Secure Cloud Connect, which, the firm says has been designed to provide secure, resilient and easy access to a range of cloud services, including those from the major cloud providers.
It facilitates connectivity to the cloud as well as from a firm’s presence in the cloud to TNS’ financial community which includes more than 2,000 endpoints, the firm adds. Where cloud providers use a regional set up, the service enables cross-region connectivity to help make the infrastructure more efficient and redundant.
“Cloud services are rapidly expanding and it’s no surprise that financial organisations have now begun to deploy these services,” says Alex Walker, executive vice president and managing director of TNS’ financial services division. “The cloud can provide greater flexibility and allow cost savings, but these benefits can be undermined by using unreliable and insecure public internet connectivity.
“This is where TNS comes in,” he adds. “We have created TNS Secure Cloud Connect to enable financial market participants to harness the benefits of cloud services while being confident that their infrastructure is protected and still operating at the high performance levels they need to trade effectively.”
The new service also includes monitoring, full management and a range of security benefits. It utilises telco circuits which offer high bandwidth, diversity, full redundancy and high-end resilient equipment, the firm says.
“We are offering real time, latency-sensitive connectivity to exchanges, application providers, independent software vendors and other trading counterparties as well as data centres,” says Walker. “Once connected to the cloud services provider, TNS delivers dedicated connections to the required applications and the service domain hosted in the cloud. [It] can be used by any financial market participant and is a highly effective way of exploring new market opportunities and scaling a business up or down without significant capital consideration.”