The push for low latency across the financial services industry has reached a new level of connectivity. This includes an ongoing partnership between PrimeXM and Azul Systems that has worked to foster ultra-low latency processing of financial transactions, harnessing PrimeXM’s proprietary order routing service, the XCore.
Venues across the financial industry continue to demand lower latency services and order routing solutions. Indeed, many groups opting to integrate with global hubs or premier technology services reflect the demand for reliable and high performance trading environments.
The past two years have seen PrimeXM work with Java runtime solutions specialist, Azul Systems – the nature of the partnership has been the optimization of PrimeXM’s XCore, through the integration of Azul Zing. Zing constitutes an advanced Java Virtual Machine (JVM) that has already garnered extensive traction across the industry.
The selection of Azul Zing has represented a key stroke for PrimeXM, which has consistently pushed for lower latency environments and optimized performance capabilities since its inception seven years ago. PrimeXM CEO, Cristian Vlasceanu, commented on the ongoing accord: “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.”
Zing has been leaned on heavily by other venues for its ability to curb many of the performance shortcomings of legacy Java runtimes. Consequently, this capability enables groups like PrimeXM to deliver consistently lower latencies for its respective customer base. In parallel, PrimeXM has already moved to expand its client base in 2017 through the deployment of new regional websites and offices.
“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,” explained Scott Sellers, Azul Systems President and CEO.
The symbiotic nature of the partnership was also echoed by George Swann, PrimeXM Global Head of Networks, who noted: “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.”