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A-Team Insight Blogs

New Zealand’s Chelmer Adds Azul JVM to CSS Trading Platform

By Zoe Schiff

Azul Systems’ resale agreement with Chelmer will allow the Auckland, New Zealand-based trading systems supplier to offer Azul’s Zing Java Virtual Machine (JVM) to add consistency and scalability to clients’ low-latency infrastructures. The deal also expands Azul’s presence in Asia / Pacific.

The relationship stemmed from Chelmer’s desire to address performance issues with the legacy JVM used by its Chelmer Software Suite, an integrated, memory-intensive, customizable Java-based solution for broking, wealth management and private banking firms or custodians.

The CSS software manages the entire life cycle of investing, from order origination onwards, in a multi-currency, multi-asset, multi-market environment.

Because CSS was originally implemented using a legacy JVM, when used in situations involving more than 50,000 investor portfolios, certain routines were unable to complete due to random Garbage Collection pauses, a common problem for applications that rely on legacy JVMs.

To address the problem, Chelmer deployed its application on Zing. The result was a reduction in maximum pauses and an enhanced ability to consistently execute at higher loads.

Zing’s integration into Chelmer’s Software Suite is expected to enhance the overall application functionality and increase the processing of large investor portfolios. It will also reduce application downtime and achieve greater consistency of performance.

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