About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Quotix and Celer Technologies Implement Azul Systems’ Zing JVM

Subscribe to our newsletter

Azul Systems continues to build its direct and third-party customer bases with recent wins for its Zing Java virtual machine (JVM) at Quotix, a provider of intelligent trade execution and management for the foreign exchange market, and Celer Technologies, a provider of adaptable high performance trading platforms.

Quotix selected Zing to support and optimise the performance of its FX liquidity aggregation software after running stress tests that simulated extreme market conditions and showed occasional inconsistent trading execution. Zing has been implemented in place of Oracle’s HotSpot JVM to eradicate Java garbage collection issues and latency outliers, and provide consistent low latency.

Evgeny Sorokin, CEO at Quotix, explains: “We implemented Azul’s Zing to armour the Quotix back end. Tests demonstrate that our systems powered by Zing can comfortably handle sharp spikes in load and deliver consistent trade execution. It was interesting to see how our solutions behaved during the recent CHF Black Swan. We saw several thousands of orders per second on each aggregator that were processed with no delays whatsoever. This is a great example of why we chose Zing.”

Celer Technologies has embedded Zing in its next generation, big data trading platform with a view to delivering consistent low latency for all its trading modules from trade implementation and execution to client reporting and compliance monitoring.

Ben Cuthbert, CEO at Celer, says: “Trading firms are often frustrated by inflexible systems that aren’t freely customisable to meet changing business and market requirements. Azul’s Zing increases the benefits of our software, giving clients an advantage by allowing them to customise the solution and respond to changing needs with complete confidence in the system’s performance and trade execution.”

The contract wins at Quotix and Celer reflect Azul’s multi-pronged market approach that includes direct, third party and hardware and software bundled solutions. Scott Sellers, president and CEO of the company, says: “Business is growing around all these solutions and we continue to optimise Zing for a broad set of independent software vendor apps and align it to apps that have use cases for it. One use case is big data. There are a lot of greenfield deployments of big data apps and we would like Zing to be a de facto standard for them.”

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: The Role of Data Fabric and Data Mesh in Modern Trading Infrastructures

The demands on trading infrastructure are intensifying. Increasing data volumes, the necessity for real-time processing, and stringent regulatory requirements are exposing the limitations of legacy data architectures. In response, firms are re-evaluating their data strategies to improve agility, scalability, and governance. Two architectural models central to this conversation are Data Fabric and Data Mesh. This...

BLOG

Citi and SDX Partner to Tokenise Pre-IPO Equities for Institutional Investors

Citi and SIX Digital Exchange (SDX) have announced a strategic collaboration to enhance access to private market assets through tokenisation, with a new solution expected to go live by Q3 2025. Unveiled at the Point Zero Forum in Switzerland, the initiative aims to address longstanding inefficiencies in traditional private markets for both issuers and investors....

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Regulatory Data Handbook 2022/2023 – Tenth Edition

Welcome to the tenth edition of A-Team Group’s Regulatory Data Handbook, a publication that has tracked new regulations, amendments, implementation and data management requirements as regulatory change has impacted global capital markets participants over the past 10 years. This edition of the handbook includes new regulations and highlights some of the major regulatory interventions challenging...