Azul Systems and Orc partner to enable smarter high performance trading
Orc’s Zing-optimized trading engine allows firms to capture new opportunities thru smarter strategies
Orc (http://www.orc-group.com), the global leader in derivatives trading technology and Azul Systems (http://www.azulsystems.com/), the award-winning leader in Java runtime solutions, today announced a partnership that enables Orc customers to leverage the power of Zing®, Azul’s Java Virtual Machine (JVM) targeting environments requiring low latency and high performance. By certifying the Zing Java runtime for Orc Liquidator deployments, Orc’s industry-leading automated trading engine is able to take advantage of the highest throughput and lowest latency Java platform available. Together, Orc Liquidator and Zing deliver a competitive advantage to firms through faster and more consistent trade execution, the capacity to pursue new opportunities, and the flexibility to deploy highly sophisticated automated trading strategies.
Orc Liquidator leads the market because of its unique ability to act on a large number of opportunities across a broad set of markets and asset classes. Over time, firms seek to scale their business by implementing ever more sophisticated strategies that require real-time analysis across very large datasets. By deploying Orc Liquidator on Azul Zing, traders can confidently develop these complex strategies achieving high throughput and low-latency regardless of dataset size.
“Firms choose Orc Liquidator to increase productivity and to trade smarter,” Martin Nilsson, Head of Product Management at Orc Group AB noted. “Zing magnifies the benefits of Orc Liquidator. It allows firms to gain an advantage by deploying even more sophisticated strategies built in Java with confidence in high performance and consistent trade execution.”
“The performance of revenue-generating applications and platforms depends on the entire infrastructure stack,” said Scott Sellers, President and CEO of Azul Systems. “Our new partnership with Orc highlights the importance of deploying applications needing high throughput and real-time execution on the right Java infrastructure. Only Azul’s Zing Java runtime is designed to deliver high sustained throughput combined with low-latency, both critical elements in deploying today’s trading platforms.”
Azul’s Zing is a unique JVM that provides consistent low-latency with high throughput, supports large in-memory datasets without performance penalty, and solves the Java “warm-up” problem. Zing eliminates the operational interruptions and response time outliers often experienced by Java-based trading, risk, and compliance applications in the financial services market. Zing’s ReadyNow!™ technology solves Java’s warm-up problem by allowing applications to start fast at the opening bell and stay fast even as market conditions change during the day. Zing is a fully certified and standards-compliant JVM, enabling traders to benefit from the combination of Zing and Orc Liquidator without needing to recompile or re-code their existing strategies.
Request a free evaluation copy of Zing at www.azul.com/trial.
About Azul Systems
Azul Systems, the industry’s only company exclusively focused on Java and the Java Virtual Machine (JVM), builds fully supported, standards-compliant Java runtime solutions that help enable the real time business. Zing is a JVM designed for enterprise Java applications and workloads that require any combination of low latency, high transaction rates, large in-memory datasets, and/or consistent response times. Zulu is Azul’s freely available open source JVM based on OpenJDK, and Azul provides high-quality commercial support options with its Zulu Enterprise offering. For additional information, visit: www.azulsystems.com.
Azul Systems, the Azul Systems logo, Zulu and Zing are registered trademarks, and ReadyNow! is a trademark of Azul Systems Inc. Java and OpenJDK are trademarks of Oracle Corporation and/or its affiliated companies in the United States and other countries. All other trademarks are the property of their respective holders.
Orc is the global market leader in trading technology for listed derivatives. Building on our commitment to long term partnerships and technology innovation that delivers results, Orc serves the trading and electronic execution needs of clients worldwide.
Leading trading firms, market makers, banks and brokers depend on Orc to provide robust solutions that deliver concrete value, ensuring that they achieve their business goals in the world’s increasingly dynamic and competitive markets. With nearly 200 customer sites in more than 30 countries, access to over 150 trading venues and offices in each of the world’s key financial centers, we offer true global capabilities.
Combining our technology and financial industry expertise, including a solid understanding of regulatory issues, Orc also provides expert advice and services that help reduce complexity and cost, while enabling clients to stay focused on value creation in their core businesses.
Orc is owned by Orc Group Holding AB which in turn is owned mainly by Nordic Capital Fund VII.
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