Java runtime solutions expert Azul Systems and Pontus Networks have launched an Azul Zing-based edition of PontusVision Thread Manager (PVTM), which reduces capital and operational IT infrastructure expenditure by enhancing the way software threads run on specific CPU cores.
Pontus’ PVTM aims to help financial institutions reduce the need for weeks of performance analysis by highly-skilled Java engineers. PVTM is an easy to deploy solution that accelerates software by optimizing the execution layout of threads within production servers. PVTM improves the performance of applications — improving latency in FX pricing systems and delivering better throughput for batch- and Database-centric workloads.
By deploying Thread Manager, FX market arbitrage risk is markedly reduced through improved platform performance and the eradication of response time outliers.
Leo Martins, Founder at Pontus Networks, said:
“In a nutshell, Thread Manager reduces capital and operational expenditure by solving a performance problem in a minute as opposed to a month. By offering clients a Zing edition of our solution, we not only guarantee lower latencies, adherence to SLAs and a twenty fold improvement in performance, but crucially we can help eradicate the industry-wide issue of arbitrage. Moving forward, we are looking to work with Azul in the big data space and solve industry-specific issues there as well.”
Scott Sellers, CEO of Azul Systems, said:
“Pontus’s decision to work with Azul on developing a joint solution highlights the importance of using the right JVM for Java-based FX applications that require predictable low latency and rapid scalability. In today’s ultra-competitive financial markets where resources are stretched, having a proven joint solution which can be deployed rapidly with zero changes to existing code or hardware offers a great advantage to both buy-side and sell-side institutions.”
For the full announcement from Azul Systems, click here.