Azul Systems

Azul Systems
Celer Technologies

Celer Technologies

March 03, 2015 03:00 ET

Celer Technologies Embeds Azul Zing for Next Generation Java-Based Trading Platform

Zing Optimized Platform Delivers Flexibility and Consistent Low Latency to Meet Trading Firms' Dynamic Business Needs

LONDON, UNITED KINGDOM and SUNNYVALE, CALIFORNIA--(Marketwired - March 3, 2015) - QCon - Azul Systems, the award-winning leader in Java runtime solutions, and Celer Technologies, a leader in adaptable high performance financial markets trading platforms, today announced a partnership that allows Celer's customers to leverage the power of Zing®, Azul's Java Virtual Machine (JVM) designed for systems that require consistent low latency and high throughput. By integrating Zing into Celer's platform, their next-generation, Big Data trading solution is able to leverage a Java runtime that delivers consistent low latency for all their trading modules - from trade implementation to execution, from clearing to client reporting and from risk management to compliance monitoring. Together, Celer Technologies and Azul Zing deliver a competitive advantage to trading firms, giving them the ability to completely customize the application, analyze large amounts of data in real time to find the best opportunities and enjoy market leading trade execution.

The Celer Technology platform is modular, highly customizable and designed to allow companies to react to changing markets and business requirements. It is built around a central event processing engine which allows the different modules to communicate seamlessly with one another. Trading firms can set up the system to be as simple or complex as their business requires and react to market changes such as the increasing need to minimise and manage trading latency in global financial markets. As their business evolves firms can implement more sophisticated customizations, respond to new latency requirements and analyze ever-larger datasets in real time. With the combined Celer and Azul solution, firms can customize their system frequently with confidence that any modification, including the addition of new users, markets or asset types, will not degrade throughput and affect latency.

"Trading firms are often frustrated by inflexible systems that aren't freely customizable to meet changing business and market requirements," Ben Cuthbert, Chief Executive Officer, Celer Technologies noted. "Azul Zing increases the benefits of our software, giving clients an advantage by allowing them to customize the solution and respond to ever-changing client and market needs with complete confidence in the system's performance and trade execution."

"The day-to-day success of revenue-generating applications depends on the entire infrastructure stack," said Scott Sellers, President and CEO of Azul Systems. "Celer Technologies' decision to embed Zing underscores the benefits of the right Java infrastructure for revenue-generating apps that require low latency and that must respond to changing business needs. Only the Zing runtime for Java is designed to deliver low latency and give businesses more flexibility to take advantage of emerging opportunities."

Azul Zing is a unique JVM that provides consistently low-latency with high throughput, supports large in-memory datasets without performance penalty, and solves the Java "warm-up" problem. Zing eliminates the operational interruptions and response time outliers often experienced by Java-based trading, risk, clearing 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. Zing is a certified and standards-compliant JVM enabling traders to benefit from the combination of Zing and Celer Technologies' solutions without needing to recompile or re-code their existing strategies.

Request a free evaluation copy of Zing at www.azul.com/trial.

About Azul Systems

@azulsystems

Azul Systems, the industry's only company exclusively focused on Java and the Java Virtual Machine (JVM), builds fully supported, 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 in-memory datasets, and/or consistent response times. Zulu is Azul's freely available open source JVM based on OpenJDK, and Azul provides high-quality commercial support options with its Zulu Enterprise offering. For additional information, visit www.azulsystems.com.

Azul Systems, the Azul Systems logo, Zulu and Zing are registered trademarks, and ReadyNow! is a trademark of Azul Systems Inc. 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.

About Celer Technologies

@celertech

Celer Technologies is a global financial software company that has created a modular-based financial services platform with the flexibility to meet today's dynamic business environment.

As a company we have many years of experience in the financial services technology sector, working with clients who are often frustrated with their rigid systems.

The platform is exceptionally flexible and can be applied to all business functions: from trade implementation to execution, from clearing to client reporting and from risk assessment to compliance monitoring.

For additional information, visit www.celer-tech.com.

Contact Information