Volante specializes in serving the financial services industry. If you work with international and domestic financial message standards or proprietary data structures, you will find that so do we.
Since 2001 we have assimilated a wealth of knowledge and developed a wide range of plug-ins to support international and domestic proprietary formats that we can apply to your project. This ensures faster implementation and improved return on your investment.
Payments (corporate-to-bank, bank-to-bank, corporate/bank to payments provider, corporate on-boarding)
Industry and regulatory change is constant and keeping abreast and updating payment systems, messages and processes can prove costly in terms of time, risk and resource.
We work with a wide range of capital markets organisations helping them manage their messaging and data requirements across a wide range of asset classes, including funds.
Firms face challenges in three interlinked yet distinct phases of the trading lifecycle:
- pre-trade – historic and real time exchange and trading venue market data, pricing, vendor data (Bloomberg and Reuters), reference data etc
- trade – execution/order data, FIX and FpmL, real time and historic exchange and venue market data
- post-trade – interaction and communication with other counterparties (eg clearing counterparties and settlement depositaries, corporate actions, reconciliations, matching, exceptions management ) and regulatory and transaction reporting (trade and transaction reporting)
Clients avoid the excessive costs of having to invest in or manage multiple data integrations. Volante’s architecture incorporates all standards through the use of a wide variety of adapters to handle every possible combination or permutation of trade message and data complexity.
Trade services (Trade finance, supply chain finance, Bank Payment Obligation (BPO), foreign exchange, money market securities, cash management, Enterprise Resource Planning (ERP) integration)
Global trade is arguably the oldest industry which operates today using many of its original processes. Automation is the watch word of this established world. The physical supply chain of transport is converging with the financial supply chain provided by banks and insurance companies. With it comes an environment keen to adopt greater levels of electronic communication and automation but which has to address the potential costs and risks of message and automation integration and management.
Corporate (Treasury, Enterprise Resource Planning (ERP) and Bank on-boarding)
Corporates are evolving from a history of internal focus on process efficiency to one of intercommunication with the external world.
Cross border procurement networks give electronic access to thousands of globally dispersed suppliers, ERP systems export de facto trade and shipping documents that can automate the physical supply chain – and today the world of supply chain finance is electrifying these links between treasury, banking and payments activities.
Compliance and Reporting
Of one thing every financial services organisation can be certain: regulatory change. MiFID II, EMIR, Dodd Frank, SEPA, BASEL III whether imposed by the EC, SEC or domestic country regulator, is set to change the way in which the financial services community conducts its business, across many different functions and many different asset classes.
The key to the success of any organisation will be the ability to anticipate change, to adapt quickly to implement new processes and to take advantage of any competitive edge this may offer. However, it is not always straightforward. Many of the regulations are being worked out and whilst change is inevitable, in what form they will come cannot be necessarily determined. Regulation may create new entities, such as a Swap Execution Facilities (SEFs) or Organised Trading Facilities (OTFs). These may create new reporting processes and procedures. Whatever the outcome, new processes will invariably require new communications and instructions which may take on different data message formats. Firms will have to re-tune their existing systems and processes to adapt.
Not if you work with Volante.
Whatever the outcome we will most likely have a ‘plug-in’ or be able to quickly develop one. We can mutualise the cost, minimise the risk and roll out the changes quickly to ensure that our customers are compliant in good time.
We work with a wide variety of organizations and corporate functions. Whether they require Service-Oriented Architecture (SOA) integration, SWIFT message management or low-latency data input, Volante’s proven model-driven code generation approach is fast, reliable and delivered to best possible practices and highest possible standards.
You know your data management challenges. What could you do with live metadata that is always a precise record of the elements and formats moving through your systems? How much simpler would it be if your data integration technology offered data model management supporting database schemas, message definitions, software development, and data governance?
As a consequence of compliance and regulatory changes, reporting requirements will likely change and data will need to be managed in a different way. Manual processes will need to be automated, new identifiers may be required for counterparties new and old; new instruments and asset classes will need tagging all of which can be traded across many markets, each of which will need identification.
The costs of changing to address the new rules will be considerable. Volante’s approach to data integration and management ensures that all our clients will be able to minimise both their costs and risks and accurately report in accordance with changing compliance requirements.