For the past two years Azul Systems, the award-winning leader in Java runtime solutions, and PrimeXM, the award-winning connectivity provider, have been collaborating to further facilitate the low latency nature of PrimeXM’s proprietary order routing service, the XCore.
Zing is a unique Java Virtual Machine (JVM) that has been deployed extensively throughout the financial sector industry. One advantage of Zing is its ability to eliminate virtually all of the performance artifacts of legacy Java runtimes, enabling companies like PrimeXM to deliver consistently low latencies for their globally-distributed customer base.
Since its inception in 2010, PrimeXM has been dedicated to developing technology that creates high-performant, low latency and reliable trading environments. One of the key features of PrimeXM’s solutions is that they facilitate ultra-low latency processing of financial transactions and as such, the deployment of Azul Zing fully reflects the company’s commitment to choosing technology partners that support the high performance demands of the XCore.
PrimeXM CEO, Cristian Vlasceanu, observes that the partnership between the two companies has greatly benefitted PrimeXM clients: "Using Azul’s Zing JVM as a technology foundation has allowed us to deliver consistent ultra-low latency performance on the XCore, our multi-tiered aggregation and execution engine".
“Predictable, consistent low-latency Java performance is the hallmark of Zing,” said Scott Sellers, Azul Systems president and CEO. “We’re honored to be integrated in PrimeXM’s XCore infrastructure and help them achieve their goals of the industry’s most reliable, stable and high performance connectivity solution.”
“Our collaboration with Azul these past few years has been more than successful,” said George Swann, PrimeXM Global Head of Networks. “Our collective know-how and expertise have led to significant improvements for both PrimeXM and Azul. With Azul’s Zing we have noted a significant improvement in the performance of our system, while our collaboration has also allowed Azul to continuously optimise the low latency performance of their Zing JVM.”
About Azul Systems
@azulsystems
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 bring the power of Java to the enterprise, cloud, and embedded/IoT. 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, cloud, as well as custom and embedded/IoT devices. For additional information, visit https://www.azul.com.
Azul Systems, the Azul Systems logo, Zulu, Zing and ReadyNow! are registered trademarks. Java and OpenJDK are trademarks of Oracle Corporation and/or its affiliated companies in the United States and other countries. All other trademarks are the property of their respective holders.
For more information about the Zing runtime for Java, visit the Zing content available at www.azul.com/Zing. Zing is available for immediate download at www.azul.com/zingtrial.
About PrimeXM
@primexm
PrimeXM is a leading technology provider in the finance industry. PrimeXM’s proprietary XCore is an order management engine that facilitates connectivity and aggregates liquidity. The XCore also features comprehensive reporting, risk management and monitoring capabilities, while it is also connected to various front-end trading platforms and APIs, making it the leading solution for financial service providers across the globe. The XCore, is hosted in PrimeXM’s fully serviced infrastructure in Equinix data centres in London (LD4), New York (NY4), Tokyo (TY3) and Shanghai (SH5). Clients who wish to host their trading servers in PrimeXM’s institutional grade infrastructure can choose between dedicated and co-located hosting and enjoy a fully redundant network supported by enterprise level hardware and ultra-low latency connectivity, while the company also offers fully-customisable MT4 and MT5 white labels and bridging technology.
For more information visit https://primexm.com/
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A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/7d5399a2-3e14-4685-ada7-df620f5c089f
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/2cde2973-383a-425b-b633-b7078c9c9127