Welcome!

Agile Computing Authors: Larry Alton, Pat Romanski, Elizabeth White, Yeshim Deniz, Astadia CloudGPS

News Feed Item

C24 Partners With Azul to Offer Next-Gen In-Memory FpML Storage Solution

Solution Provides 5x Cost Reduction and 3x Performance Improvement for OTC Derivatives Data Storage

NEW YORK, NY -- (Marketwired) -- 06/11/14 -- QCon NEW YORK 2014 - Azul Systems (Azul), the award-winning leader in Java runtime solutions, and C24 Technologies (C24), a world leader in financial services messaging and integration solutions, today announced the availability of an in-memory Financial Products Markup Language (FpML) storage solution which combines C24 Integration Objects (C24-iO) SDO message compaction Technology with Azul's pauseless Zing runtime for Java, enabling financial services institutions to dramatically reduce hardware requirements for storing OTC derivative data.

Using C24's new SDO compaction technology, OTC message storage is reduced by more than 10x, enabling financial services institutions to slash their hardware requirement by up to 10x. Because the new solution leverages the memory scalability of the Azul Zing runtime, accessing FpML data in memory is dramatically simplified. Zing supports hundreds of gigabytes of memory in a single instance, allowing in-memory data grids which host the FpML data to scale with substantially fewer, but larger nodes, simplifying configuration and management and improving performance. Because Zing has a pauseless garbage collector, response time consistency is guaranteed, no matter how much in-memory data is used, and thereby ensures real-time reporting of OTC derivative data. With Zing, organizations can serve far more users, handle more transactions and deliver real-time response on the existing hardware and software stack no changes to the application required.

Scott Sellers, Azul Systems co-founder and CEO, said: "C24's SDO technology amplifies the benefits of Zing. By combining the two, the fears that many banks and investment houses might have concerning Java memory size and predictable performance are eradicated. Quite simply, C24 addresses big data memory utilization efficiency and Azul mitigates JVM-induced production issues such as jitter and Garbage Collection pauses."

C24 Technologies provides specialized standards libraries for regulatory reporting and the trade automation of swaps, derivatives and structured products. The libraries are pre-built and maintained data models that extend C24 Integration Objects providing rich support for Financial products Markup.

John Davies, CTO and co-founder of C24 said: "We've been working with Azul for over 10 years now, Zing is their flagship product which reduces GC jitter to almost zero. For our clients one of the biggest concerns about using Java over hardware or lower level languages like C and C++ is JVM memory management, which is good but largely unpredictable resulting in jitter and in many cases 'stop-the-world' garbage collection pauses. C24 SDO technology compacts traditional complex XML messages down to a tightly packed binary and wraps them with an ultra-efficient Java API, in most cases reducing the memory footprint for stored data by well over 10 times. The data can be searched or queried with very little object creation but the applications and solutions built on this technology run in Java and the only way to make that work with the sort of SLAs our clients need is with a JVM like Zing."

John Davies goes on to say "A CTO of a major bank called C24's SDOs a 'game changer'. We can provide over an order of magnitude better performance on most caching technology and make SSDs work at RAM speeds. But without technology like Zing the first bottleneck would be the JVM's garbage collection. We've seen our SDOs run on Zing at speeds that would make any C/C++ programmer proud."

To learn more about how C24 and Azul are working together, contact George Gould at Azul Systems ([email protected]) or Wayne Meikle at C24 ([email protected]).

About Azul Systems
@azulsystems

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 working memory, 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 and Zing are registered trademarks, and Zulu and ReadyNow! are trademarks 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.

About C24 Technologies
@C24io

C24 Technologies is a software company specializing in financial services messaging and integration solutions. Companies worldwide significantly decrease the time and costs for integrating financial standards and systems using C24's data interoperability tools and pre-built standards libraries. Comprehensive support is provided for over 40 industry standards including SWIFT MT-MX, ISO 20022, FpML, FIX and SEPA. For more information or to download a free version of C24 Integration Objects visit www.c24.biz or email [email protected].

C24 Integration Objects is a trademark of C24 Technologies. Any other marks contained herein may be trademarks of their respective owners.

Media Contacts

For Azul Systems:

Howard Green
VP Marketing
+1 (0) 650 230 6616
[email protected]
Twitter: @azulsystems

Darren Cottom
750 Mph.
+44 (0) 1295 713172
+44 (0) 7713 652216
[email protected]
Twitter: @darrencottom

For C24 Technologies:

Ray Christopher
C24 Technologies
(339) 707-0648
[email protected]
Twitter: @C24io

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that Daiya Industry will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Daiya Industry specializes in orthotic support systems and assistive devices with pneumatic artificial muscles in order to contribute to an extended healthy life expectancy. For more information, please visit https://www.daiyak...
SYS-CON Events announced today that Fusic will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Fusic Co. provides mocks as virtual IoT devices. You can customize mocks, and get any amount of data at any time in your test. For more information, visit https://fusic.co.jp/english/.
SYS-CON Events announced today that Keisoku Research Consultant Co. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Keisoku Research Consultant, Co. offers research and consulting in a wide range of civil engineering-related fields from information construction to preservation of cultural properties. For more information, vi...
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
SYS-CON Events announced today that Interface Corporation will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Interface Corporation is a company developing, manufacturing and marketing high quality and wide variety of industrial computers and interface modules such as PCIs and PCI express. For more information, visit http://www.i...
SYS-CON Events announced today that Ryobi Systems will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ryobi Systems Co., Ltd., as an information service company, specialized in business support for local governments and medical industry. We are challenging to achive the precision farming with AI. For more information, visit http:...
Elon Musk is among the notable industry figures who worries about the power of AI to destroy rather than help society. Mark Zuckerberg, on the other hand, embraces all that is going on. AI is most powerful when deployed across the vast networks being built for Internets of Things in the manufacturing, transportation and logistics, retail, healthcare, government and other sectors. Is AI transforming IoT for the good or the bad? Do we need to worry about its potential destructive power? Or will we...
SYS-CON Events announced today that Enroute Lab will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enroute Lab is an industrial design, research and development company of unmanned robotic vehicle system. For more information, please visit http://elab.co.jp/.
SYS-CON Events announced today that Nihon Micron will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Nihon Micron Co., Ltd. strives for technological innovation to establish high-density, high-precision processing technology for providing printed circuit board and metal mount RFID tags used for communication devices. For more inf...
SYS-CON Events announced today that mruby Forum will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. mruby is the lightweight implementation of the Ruby language. We introduce mruby and the mruby IoT framework that enhances development productivity. For more information, visit http://forum.mruby.org/.
In his session at @ThingsExpo, Greg Gorman is the Director, IoT Developer Ecosystem, Watson IoT, will provide a short tutorial on Node-RED, a Node.js-based programming tool for wiring together hardware devices, APIs and online services in new and interesting ways. It provides a browser-based editor that makes it easy to wire together flows using a wide range of nodes in the palette that can be deployed to its runtime in a single-click. There is a large library of contributed nodes that help so...
DevOps at Cloud Expo – being held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real r...
While some developers care passionately about how data centers and clouds are architected, for most, it is only the end result that matters. To the majority of companies, technology exists to solve a business problem, and only delivers value when it is solving that problem. 2017 brings the mainstream adoption of containers for production workloads. In his session at 21st Cloud Expo, Ben McCormack, VP of Operations at Evernote, will discuss how data centers of the future will be managed, how th...
SYS-CON Events announced today that Massive Networks, that helps your business operate seamlessly with fast, reliable, and secure internet and network solutions, has been named "Exhibitor" of SYS-CON's 21st International Cloud Expo ®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. As a premier telecommunications provider, Massive Networks is headquartered out of Louisville, Colorado. With years of experience under their belt, their team of...
SYS-CON Events announced today that Mobile Create USA will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Mobile Create USA Inc. is an MVNO-based business model that uses portable communication devices and cellular-based infrastructure in the development, sales, operation and mobile communications systems incorporating GPS capabi...
SYS-CON Events announced today that TMC has been named “Media Sponsor” of SYS-CON's 21st International Cloud Expo and Big Data at Cloud Expo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Global buyers rely on TMC’s content-driven marketplaces to make purchase decisions and navigate markets. Learn how we can help you reach your marketing goals.
There is huge complexity in implementing a successful digital business that requires efficient on-premise and cloud back-end infrastructure, IT and Internet of Things (IoT) data, analytics, Machine Learning, Artificial Intelligence (AI) and Digital Applications. In the data center alone, there are physical and virtual infrastructures, multiple operating systems, multiple applications and new and emerging business and technological paradigms such as cloud computing and XaaS. And then there are pe...
Real IoT production deployments running at scale are collecting sensor data from hundreds / thousands / millions of devices. The goal is to take business-critical actions on the real-time data and find insights from stored datasets. In his session at @ThingsExpo, John Walicki, Watson IoT Developer Advocate at IBM Cloud, will provide a fast-paced developer journey that follows the IoT sensor data from generation, to edge gateway, to edge analytics, to encryption, to the IBM Bluemix cloud, to Wa...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Agile has finally jumped the technology shark, expanding outside the software world. Enterprises are now increasingly adopting Agile practices across their organizations in order to successfully navigate the disruptive waters that threaten to drown them. In our quest for establishing change as a core competency in our organizations, this business-centric notion of Agile is an essential component of Agile Digital Transformation. In the years since the publication of the Agile Manifesto, the conn...