Trading Continuity Services has launched a Cloud Data Protection service designed for trading firms, exchanges, hedge funds and other financial firms looking for a more comprehensive data protection and business continuity/disaster recovery strategy.
Many firms are limited by their inability to deploy complex data protection systems and are left with resource-demanding methods that provide limited flexibility and cannot adequately facilitate the data protection needs of their growing data sets, TCS says.
The TCS cloud service offers a “pay-as-you-grow” model that allows firms to take advantage of data protection, ranging from small data set sizes of 50 gigabytes to larger data sets of 100 terabytes, for backup and recovery.
The TCS Cloud has the ability to scale up to more than 2 petabytes of data protection. The TCS Cloud is fully managed and monitored by the TCS Network Operation Center.
TCS also announced a partnership with managed service provider Presilient in which the companies will offer a combined service solution to meet the increasing demands of data protection and efficiency. The joint venture will deliver integrated services for implementation, backup and recovery. TCS will provide professional services, cloud architecture, and turnkey solutions while Presilient will allocate its IT Operations Center (ITOC) resources and manage backups via its proprietary GridManage Backup service.
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