Simplifying complexity in financial messages and payments integration, processing and orchestration
Since 2001, Volante has been entirely focused on addressing the complexities of financial message and data integration and the challenges in channel on-boarding, processing and orchestration of payments so that clients can take full advantage of their commercial opportunities.
Our products, used by more than 80 financial institutions and corporate enterprises around the world, include access to a growing and maintained library of over 330 pre-built international and domestic message standards plugins and transformations. This enables firms to navigate and deal with the diverse, complex and ever-expanding mass of data message formats, standards and protocols throughout the life-cycle of every financial transaction. The overall result is increased business agility and the 'insulation' of internal systems from the complexity of external change in financial message standards.
Our products enable firms to improve their straight-through-processing (STP) rates, increase operational efficiency and reduce cost and risk.
Volante’s principal consultant explains how VolPay can help the payments industry
- Introduction to Chris Stares
- What are the main challenges of integrating financial messages and payment flows?
- How does Volante go about reducing message and payments integration challenges?
- What is the VolPay suite of Products?
- What are the Business Benefits of VolPay and the Designer products?
Volante Technologies delivers immediate support for ISO 20022 Real-Time Payment Group (RTPG) global practice guidelines
19 April 2016
Evidencing Volante’s aptitude for rolling out new message standards and practice guidelines support quickly and simply to accommodate evolving industry initiatives.
12 April 2016
To enable the Turkish and regional markets to benefit from Volante’s VolPay suite of payment products
- Interesting article from the Economist on the benefits of #blockchain technology for Central Banks https://t.co/wIWoNYScgF
- Nice review of use cases for #blockchain/ Distributed Ledgers in the financial services industry from @Chris_Skinner https://t.co/tqZmez8W2I
- Canada urges adoption of ISO 20022 to encourage electronic payment adoption and benefit Canada on a wide scale https://t.co/U1YOYmFTG3
Real time gross settlement (RTGS) has now become the established mechanism by which country and sometimes regional payment infrastructures enable safe settlement of high value payments between banks. Historically the systems have typically used the SWIFT network for the secure transfer of the payment messages and notifications, etc., with the SWIFT MT FIN messages being the format used, and having been successfully deployed in numerous countries around the globe.
Upon reading a recent Finextra published blog by Dan Glessner of Quisk, Inc on June’s MoneyConf event in Belfast (http://www.quisk.co/blog/2015/06/25/observations-from-moneyconf-in-belfast-fintech-2-0-needed/) I got to thinking about the constant stream of newly formed bank sponsored Fintech innovation labs and the role of the existing Fintech vendors in this new world of dynamic collaboration.