Welcome!

Java Authors: Pat Romanski, Carmen Gonzalez, Liz McMillan, Yeshim Deniz, Yakov Fain

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.

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 SOA Software, an API management leader, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. SOA Software is a leading provider of API Management and SOA Governance products that equip business to deliver APIs and SOA together to drive their company to meet its business strategy quickly and effectively. SOA Software’s technology helps businesses to accelerate their digital channels with APIs, drive partner adoption, monetize their assets, and achieve a...
From a software development perspective IoT is about programming "things," about connecting them with each other or integrating them with existing applications. In his session at @ThingsExpo, Yakov Fain, co-founder of Farata Systems and SuranceBay, will show you how small IoT-enabled devices from multiple manufacturers can be integrated into the workflow of an enterprise application. This is a practical demo of building a framework and components in HTML/Java/Mobile technologies to serve as a platform that can integrate new devices as they become available on the market.
BSQUARE is a global leader of embedded software solutions. We enable smart connected systems at the device level and beyond that millions use every day and provide actionable data solutions for the growing Internet of Things (IoT) market. We empower our world-class customers with our products, services and solutions to achieve innovation and success. For more information, visit www.bsquare.com.
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, a...
SYS-CON Events announced today that Utimaco will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Utimaco is a leading manufacturer of hardware based security solutions that provide the root of trust to keep cryptographic keys safe, secure critical digital infrastructures and protect high value data assets. Only Utimaco delivers a general-purpose hardware security module (HSM) as a customizable platform to easily integrate into existing software solutions, embed business logic and build s...
How do APIs and IoT relate? The answer is not as simple as merely adding an API on top of a dumb device, but rather about understanding the architectural patterns for implementing an IoT fabric. There are typically two or three trends: Exposing the device to a management framework Exposing that management framework to a business centric logic • Exposing that business layer and data to end users. This last trend is the IoT stack, which involves a new shift in the separation of what stuff happens, where data lives and where the interface lies. For instance, it’s a mix of architectural style...
Connected devices are changing the way we go about our everyday life, from wearables to driverless cars, to smart grids and entire industries revolutionizing business opportunities through smart objects, capable of two-way communication. But what happens when objects are given an IP-address, and we rely on that connection, sometimes with our lives? How do we secure those vast data infrastructures and safe-keep the privacy of sensitive information? This session will outline how each and every connected device can uphold a core root of trust via a unique cryptographic signature – a “bir...
SYS-CON Events announced today that Matrix.org has been named “Silver Sponsor” of Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Matrix is an ambitious new open standard for open, distributed, real-time communication over IP. It defines a new approach for interoperable Instant Messaging and VoIP based on pragmatic HTTP APIs and WebRTC, and provides open source reference implementations to showcase and bootstrap the new standard. Our focus is on simplicity, security, and supporting the fullest feature set.
Internet of @ThingsExpo Silicon Valley announced on Thursday its first 12 all-star speakers and sessions for its upcoming event, which will take place November 4-6, 2014, at the Santa Clara Convention Center in California. @ThingsExpo, the first and largest IoT event in the world, debuted at the Javits Center in New York City in June 10-12, 2014 with over 6,000 delegates attending the conference. Among the first 12 announced world class speakers, IBM will present two highly popular IoT sessions, which will take place November 4-6, 2014 at the Santa Clara Convention Center in Santa Clara, Calif...
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at Internet of @ThingsExpo, Robin Raymond, Chief Architect at Hookflash Inc., will walk through the shifting landscape of traditional telephone a...
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at Internet of @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, will discuss how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.

SUNNYVALE, Calif., Oct. 20, 2014 /PRNewswire/ -- Spansion Inc. (NYSE: CODE), a global leader in embedded systems, today added 96 new products to the Spansion® FM4 Family of flexible microcontrollers (MCUs). Based on the ARM® Cortex®-M4F core, the new MCUs boast a 200 MHz operating frequency and support a diverse set of on-chip peripherals for enhanced human machine interfaces (HMIs) and machine-to-machine (M2M) communications. The rich set of periphera...

SYS-CON Events announced today that Aria Systems, the recurring revenue expert, has been named "Bronze Sponsor" of SYS-CON's 15th International Cloud Expo®, which will take place on November 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Aria Systems helps leading businesses connect their customers with the products and services they love. Industry leaders like Pitney Bowes, Experian, AAA NCNU, VMware, HootSuite and many others choose Aria to power their recurring revenue business and deliver exceptional experiences to their customers.
The Internet of Things (IoT) is going to require a new way of thinking and of developing software for speed, security and innovation. This requires IT leaders to balance business as usual while anticipating for the next market and technology trends. Cloud provides the right IT asset portfolio to help today’s IT leaders manage the old and prepare for the new. Today the cloud conversation is evolving from private and public to hybrid. This session will provide use cases and insights to reinforce the value of the network in helping organizations to maximize their company’s cloud experience.
The Internet of Things (IoT) is making everything it touches smarter – smart devices, smart cars and smart cities. And lucky us, we’re just beginning to reap the benefits as we work toward a networked society. However, this technology-driven innovation is impacting more than just individuals. The IoT has an environmental impact as well, which brings us to the theme of this month’s #IoTuesday Twitter chat. The ability to remove inefficiencies through connected objects is driving change throughout every sector, including waste management. BigBelly Solar, located just outside of Boston, is trans...
SYS-CON Events announced today that Matrix.org has been named “Silver Sponsor” of Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Matrix is an ambitious new open standard for open, distributed, real-time communication over IP. It defines a new approach for interoperable Instant Messaging and VoIP based on pragmatic HTTP APIs and WebRTC, and provides open source reference implementations to showcase and bootstrap the new standard. Our focus is on simplicity, security, and supporting the fullest feature set.
Predicted by Gartner to add $1.9 trillion to the global economy by 2020, the Internet of Everything (IoE) is based on the idea that devices, systems and services will connect in simple, transparent ways, enabling seamless interactions among devices across brands and sectors. As this vision unfolds, it is clear that no single company can accomplish the level of interoperability required to support the horizontal aspects of the IoE. The AllSeen Alliance, announced in December 2013, was formed with the goal to advance IoE adoption and innovation in the connected home, healthcare, education, aut...
SYS-CON Events announced today that Red Hat, the world's leading provider of open source solutions, will exhibit at Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As the connective hub in a global network of enterprises, partners, a...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked for their ability to explore the economic strategies that utility/cloud computing provides. Whether public, private, or in a hybrid form, clo...