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 future of market data – Harnessing cloud and AI for market data distribution and consumption

Market data is the lifeblood of trading, but as data volumes grow and real-time demands increase, traditional approaches to distribution and consumption are being pushed to their limits. Cloud technology and AI-driven solutions are rapidly transforming how financial institutions manage, process, and extract value from market data, offering greater scalability, efficiency, and intelligence. This webinar,...

BLOG

Exegy Unveils Nexus Market Data Platform to Tackle Latency, Scale and Cost Trade-Offs

Exegy has launched Nexus, a new market data platform designed to streamline infrastructure for high-volume, low-latency trading environments. The FPGA-based system replaces traditional, server-heavy feed handlers with a combination of managed appliances and network interface cards that deliver microsecond-level performance and reduce datacentre footprint by over 40%. “Across the buy side and sell side, market...

EVENT

RegTech Summit New York

Now in its 9th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

Regulatory Reporting Handbook – First Edition

Welcome to the inaugural edition of A-Team Group’s Regulatory Reporting Handbook, a comprehensive guide to reporting obligations that must be fulfilled by financial institutions on a global basis. The handbook reviews not only the current state of play within the regulatory reporting space, but also looks ahead to identify how institutions should be preparing for...