June 10, 2015
- Since the deployment of Azul Zing, average latencies have been reduced by 30%
- Performance enhancement and reliability key to Traiana’s purchasing decision
- Zing to be incorporated service-by-service across Traiana’s entire network and solutions
SUNNYVALE, Calif., and LONDON, UK, June 10, 2015 – Azul Systems, the award-winning leader in Java runtime solutions, today announced that Zing®, Azul’s Java Virtual Machine (JVM) designed for systems that require consistent low latency and high scalability, has been deployed by Traiana, the leading provider of pre trade risk and post trade processing solutions. Traiana has chosen to implement Zing on CreditLink, Traiana’s real-time platform for pre and post-trade certainty of clearing, to drive higher scalability, lower average latency execution and eliminate inconsistent response time outliers to ensure it meets strict Service Level Agreements (SLAs) and regulatory standards. This initial deployment is part of a staged Zing roll-out across the entire Traiana network.
Using CreditLink, prime brokers have the ability to monitor their clients’ credit risk and trading activity across multiple ECNs and single dealer platforms on a real-time basis. As a result they can identify limit breaches, modify credit lines and terminate trading activity. CreditLink also supports a wide range of asset classes and trading models, serving as a central risk management infrastructure across spot FX, FX derivatives, cleared swaps and exchange traded derivatives.
Nick Solinger, Head of Product Strategy at Traiana, said: “Since Zing has been incorporated into our infrastructure we have seen significant improvements in average latencies. Our development team is particularly impressed in how Zing seamlessly provides immediate latency benefit – this has been achieved with minimal time investment from us and zero changes to existing code.”
Azul Zing is a unique JVM that provides consistent low-latency with high throughput, supports large in-memory datasets without performance penalties, and solves the Java “warm-up” problem. Zing eliminates the operational interruptions and response time outliers often experienced by Java-based trading, risk and compliance applications in the financial services market. Azul’s ReadyNow!™ technology solves Java’s warm-up problem by allowing applications to start fast at the opening bell and stay fast even as market conditions change during the day.
“Traiana’s decision to utilize Zing as part of its CreditLink infrastructure underscores the importance of using the right JVM for revenue-generating products that require low latency and high scalability,” said Scott Sellers, CEO and President of Azul Systems. “Only Azul’s Zing Java runtime is designed to deliver high sustained throughput combined with consistent low-latency, both critical elements in today’s ultra-competitive financial markets.”
Request a free evaluation copy of Zing at www.azul.com/trial.
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About Azul Systems
Azul Systems, the industry’s only company exclusively focused on Java and the Java Virtual Machine (JVM), builds fully supported, certified standards-compliant Java runtime solutions that help enable the real time business. Zing is a JVM designed for enterprise Java applications and workloads that require any combination of low latency, high transaction rates, large working memory, and/or consistent response times. Zulu is Azul’s certified, freely available open source build of OpenJDK with a variety of flexible support options, available in configurations for the enterprise as well as custom and embedded systems. For additional information, visit: www.azulsystems.com.
Traiana, Inc. (www.traiana.com) provides global banks, broker/dealers, buy-side firms and trading platforms with services to monitor pre-trade risk and automate post-trade processing of financial transactions in listed and over-the-counter trading markets. Traiana’s solutions and the Harmony Network have become the market standard for post-trade processing of foreign exchange, exchange traded derivatives, fixed income, CDS and synthetic and cash equity transactions. Traiana, an ICAP company, is headquartered in New York City with offices in Chicago, Hong Kong, London, Singapore, Tel Aviv and Tokyo.