Tradition selects Azul Zing to boost predictability, cut latency across platforms

Tradition, the interdealer brokerage arm of Compagnie Financiere Tradition SA (SWX:CFT), has reiterated its commitment to investing in top-tier technology by choosing Azul Systems’ Zing® – the Java Virtual Machine (JVM), to be integrated into all of its trading platforms.

The solution is specifically designed for systems that demand consistent low latency and high throughput. Zing is set to boost Tradition’s competitive advantage through faster and more predictable trade execution and to enable Tradition’s Development teams to pursue new capabilities and revenue opportunities.

Yann L’Huillier, Group Chief Information Officer at Tradition, said: “For a number of years we have been investing significantly in our infrastructure to ensure we offer our clients a best in class service. Azul is recognised within the financial services sector as a provider of technology which enhances performance and ensures a predictability of trade execution. Once we had successfully tested Zing and measured its clear benefits, it was an easy decision to make to incorporate Zing into our trading infrastructure.”

Azul Zing supports large in-memory datasets without performance penalties, and solves the Java “warm-up” problem via the Azul’s ReadyNow!™ technology . Zing tackles the operational interruptions and eliminates response time outliers that often happen when Java-based trading, risk and compliance applications are used in the financial services market.

“It is widely recognized that with a conventional JVM, trading systems are not able to deliver consistent low latency with high scalability and certainty of execution,” said Scott Sellers, CEO of Azul Systems. “Zing removes the shortcomings of Java such as inconsistent response times and application jitter, thereby improving trade execution and ultimately overall profits. It also enables development teams at brokers like Tradition to focus on new capabilities and revenue opportunities, enhancing the overall value of the business.”

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