Trading Continuity Services, LLC and Presilient, LLC, Form Alliance to Deliver Integrated Data Protection Solutions for Trading Firms, Exchanges and Similar Financial Firms

CHICAGO--(BUSINESS WIRE)--Trading Continuity Services, LLC (TCS) announced today the launch of its Cloud Data Protection service offering designed for tenants located inside/outside 350 Cermak; the world’s largest data center. These solutions are geared towards Trading Firms, Exchanges, Hedge Funds, FCMs and other financial firms looking for a more robust and comprehensive Data Protection and Business Continuity/Disaster Recovery strategy. The TCS Cloud, solution provides businesses a simplified and cost effective approach to absolute data protection.

“Just backing up data is not enough for most firms in today’s environments, they also require 24/7 coverage and strict Service Level Agreements (SLA’s) and the ability to restore data in a timely fashion.”

“As the demand from our customers increases for state of the art technology, so does the need to protect the data. After an exhausted search, we chose Trading Continuity Services based on their knowledge of our industry, their ability to collaborate with our team, and their ability to execute. We see Trading Continuity Services as a strategic partner moving forward as we continue to grow our business."

Eric Long, President Quant Trade LLC.

Many firms are limited by their inability to deploy complex data protection systems and are left with resource-demanding methods that provide limited scale flexibility and cannot adequately facilitate the data protection needs of their growing datasets. TCS Cloud presents a “pay you grow model” allowing firms to take advantage of data protection, ranging from small data set sizes of 50GB (Gigabyte) to larger data sets of 100TB Terabyte, for backup and recovery. The TCS Cloud is built on a Tier IV Infrastructure from leading manufactures including IBM, EMC, Cisco, CommVault & Quantum, and has the ability to scale up to over 2 Petabytes of data protection. The TCS Cloud is fully managed & monitored 24/7 by the TCS Network Operation Center.

Under the Presilient and TCS partnership a combined service solution is delivered 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 their extensive IT Operations Center (ITOC) resources and manage backups via their proprietary GridManage Backup service.

“We are committed in providing a flexible, on-demand data protection environment that financial and other firms demand,” said Dan Dwyer, President for Trading Continuity Services. “Just backing up data is not enough for most firms in today’s environments, they also require 24/7 coverage and strict Service Level Agreements (SLA’s) and the ability to restore data in a timely fashion.

"This alliance addresses a growing need for compliance in financial trading; we recognize and source each company for its respective area of expertise, as customers increasingly seek consolidation and streamlining in all phases of data security. Both organizations approach the market in the same way -- focusing on excellence, providing a quality service, and client satisfaction. We are both metrics driven and process oriented to ensure on-time, on-budget, reliable data delivery on a global scale."

About TCS

Trading Continuity Services, LLC (TCS) is a recognized leader in the data protection and Disaster Recovery / Business Continuity industry. TCS delivers tailored solutions, built from a modular set of offerings used to enhance both operational and disaster recoverability. TCS offers consulting services based on 25 years of experience providing end-to-end, highly redundant, fully managed data protection solutions.

About Presilient

Presilient is a full IT managed service provider offering a comprehensive portfolio of infrastructure management services. We combine our edge-to-core portfolio of Managed IT Infrastructure Support Services with our technical expertise. Our services improve asset performance, optimize cost and provide greater operational visibility and control. We provide 24/7 monitoring, full administration and operational management for all IT environments.