Volante Announces SWIFTReady
Solution
For MT-MX Coexistence of SWIFT
Messages
Enables
immediate support for ISO 20022 standards
with no
impact to current SWIFT applications
Volante MT-MX is being
demonstrated at the Volante exhibit at the SWIFT Operations Forum Americas
2008, April 8 and 9, in
“Too
often, adoption of new standards, such as the shift from
With out-of-the-box
support for bi-directional translations (MT to MX and MX to MT), the Volante solution enables
users to take immediate advantage of the benefits of the new XML- based standard,
while they continue to use existing MT-oriented applications and processes.
Features of Volante MT-MX include the following:
- SWIFTReady certified
message library
- Predefined MT and MX
messages for all categories with message format validation rules
- Translations implemented
at the dictionary level for all business elements
- Reusable translations
across multiple messages
- Ability to customize
message translations if needed to support business specific requirements
“With
our strong track record as a SWIFT Gold certified provider of message
integration solutions, we are pleased to deliver an MT-MX coexistence solution
that supports and will continue to support all message types and formats as
they evolve through this transition,” said Vijay Oddiraju, CEO of Volante. “We are committed
to supporting the SWIFT community in implementing standards efficiently and
quickly.”
More than 50 financial
institutions and utilities currently use Volante solutions to build, test and
integrate SWIFT messages in all supported formats including MT, MX and FpML. As
with all Volante data management solutions, Volante MT-MX also provides easy
integration with existing systems, and works in any software, network or
platform environment.
About Volante
Since 2001, Volante Technologies
has been accelerating data management for the financial services industry,
while slashing development time and cost of ownership. Volante provides
integration solutions for low-latency environments, service oriented
architectures, vendor data consolidation, complex event processing, SWIFT
message integration and other complex data challenges. Its metadata-based
technology also enables enterprise data governance and model-driven data
initiatives.
Volante solutions are employed by buy-side
and sell-side institutions around the globe, as well as industry utilities,
including Brown Brothers Harriman, The Municipal Securities Rulemaking Board,
and Broadridge. For more information, visit www.volantetech.com.
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Media Contact:
Kathleen
Hawk