Telx® has announced that Trading Continuity Services (TCS) has joined the Financial Business Exchange (FBX). As a colocation and InterConnection customer in Telx's Chicago data center, TCS, a provider of Data Protection and Disaster Recovery/Business Continuity industry, can now offer Telx's financial markets customers low latency access to its Data Protection solutions.
"We give trading firms a competitive advantage by delivering an end-to-end, fully managed Data Protection and backup solution that ensures high availability for the best electronic trading experience possible," said Jim McDonough, Managing Partner at TCS. "Telx's Chicago data center is one of the most important financial services addresses in the country, and as a member of the Financial Business Exchange, TCS can now offer these customers our 24/7 backup solutions through a simple cross connect."
"TCS can leverage our FBX ecosystem of leading financial services customers to explore new business opportunities for their trusted Data Protection and recovery services," said Michael Cattell, VP of Financial Markets for Telx. "Many financial technology firms like TCS find significant value in our financial markets ecosystem, especially in our recently expanded New York City, New Jersey and Chicago facilities."