Menu
Java solutions provider partners with Auckland-based software firm

Java solutions provider partners with Auckland-based software firm

“Chelmer and Azul are both recognized as pioneers in providing leading-edge technologies to the financial community."

Azul Systems, a Java runtime solutions provider, has formed a commercial resale partnership with Chelmer, an Auckland-based software solutions company that provides services and support for front and back office trading systems.

Through the agreement, Chelmer is now able to provide its New Zealand financial services customers with access to Azul Zing, Azul’s Java Virtual Machine (JVM) designed for systems that require consistent low latency and high scalability.

Focused on the financial services market, Chelmer provides standalone infrastructure components in addition to the Chelmer Software Suite (CSS), an end-to-end solution developed for stock broking, wealth management and private banking firms or custodians.

It manages the entire life cycle of investing, from order origination, trading, accounting, stock and cash settlement, portfolio tracking and adjusting, corporate action processing and performance and tax reporting in a multi-currency, multi-asset, multi-market environment.

“Consistent Java performance is a business critical issue for many of our customers which is why we have teamed up with Azul,” says Andy Robertson, Managing Director, Chelmer.

“Azul Zing is seen by many as the de facto choice of Java runtime if you are looking to guarantee application performance and throughput.

“Now that we can deploy Azul’s technology we are able to further mitigate the risk of application downtime and inconsistent performance.”

But because the application was implemented using a legacy JVM, when used in a financial institution with a large number of investor portfolios (i.e. 50,000+) certain business functionalities were unable to complete due to random Garbage Collection (GC) pauses - a common problem for applications that rely on JVMs other than Zing.

To remedy the issue, Chelmer deployed its application on Zing with the results highlighting a reduction in maximum pauses and an enhanced ability to consistently execute at higher loads.

“Chelmer and Azul are both recognized as pioneers in providing leading-edge technologies to the financial community,” says Scott Sellers, CEO and President, Azul Systems.

“With our new resale partnership agreement in place, financial institutions in New Zealand, and across the Asia-Pac region, can realise the compelling business advantages that customers around the world are achieving with Zing.”


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags ChelmerAzul Systems

Featured

Slideshows

Meet the top performing HP partners in NZ

Meet the top performing HP partners in NZ

HP honoured leading partners across the channel at the Partner Awards 2017 in New Zealand, recognising excellence across the entire print and personal systems portfolio.

Meet the top performing HP partners in NZ
Tech industry comes together as Lexel celebrates turning 30

Tech industry comes together as Lexel celebrates turning 30

Leading figures within the technology industry across New Zealand came together to celebrate 30 years of success for Lexel Systems, at a milestone birthday occasion at St Matthews in the City.​

Tech industry comes together as Lexel celebrates turning 30
HP re-imagines education through Auckland event launch

HP re-imagines education through Auckland event launch

HP New Zealand held an inaugural Evolve Education event at Aotea Centre in Auckland, welcoming over 70 principals, teachers and education experts to explore ways of shaping and enhancing learning using technology.

HP re-imagines education through Auckland event launch
Show Comments