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Screenshot of a breaking news alert e-mail from Q2 2017
Aggregation and connectivity solutions provider PrimeXM has announced that it has been collaborating Java runtime solutions specialist Azul Systems and its Azul Zing 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 stated that it has been dedicated to developing technology that creates high-performance, 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.
Cristian Vlasceanu, PrimeXM CEO:
Predictable, consistent low-latency Java performance is the hallmark of Zing. 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.
Scott Sellers, Azul Systems president and CEO
Our collaboration with Azul these past few years has been more than successful. 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.