Volante Technologies hires two new senior executives and expands development team

Reinforcing product management and marketing operations with new offices in North America and India to support a growing global customer base

London, New York, 25 February 2015 – Volante Technologies Inc., a global leader in the provision of financial message and data integration, validation and processing tools, today announced the appointments of Nadish Lad as Head of Payments Product and Peter McKenna as Global Marketing Director. Volante has also hired additional development and testing staff and opened two new offices in Jersey City and Hyderabad to accommodate team expansions.

Volante provides software solutions dedicated to helping clients integrate, validate and process financial data and messages with greater efficiency and ease while staying abreast of changes in message standards and protocols on both a domestic and international level.

Nadish Lad, Head of Payments Product, reporting to Venkat Malla, Volante’s Head of Product Management, joins from Ernst & Young where he held the role of Senior Manager in the Financial Services Advisory practice focused on the development of corporate banking transformation for leading UK banks. With an emphasis on continuing the expansion of Volante’s competencies, Nadish is responsible for Volante’s payments product roadmap. Prior to Ernst & Young, Nadish held senior positions as Payments Lead for Business Advisory Services at Wipro Technologies UK and as a Vice President at Citi for their Global High Value Payments product in their GTS business. Prior to that, Nadish spent more than a decade in the check payments industry in similar roles.

Peter McKenna, Volante’s new Global Marketing Director, reporting to Vijay Oddiraju, CEO of Volante Technologies, has been appointed to direct and harmonize Volante’s global marketing strategy and operations. Peter joins Volante from DST Global Solutions where he was responsible for establishing and implementing the firm’s global marketing strategy and operations for its investment management systems division. Prior to DST Global Solutions, Peter was Group Marketing Director at Temenos and previously held roles with Gissing Software and Misys Asset Management Systems where he performed similar functions.

Throughout 2014, Volante has continued to expand and now serves in excess of 80 clients operating in over 26 countries. Increased client operations in North America has also prompted the move to a larger office location in Jersey City.

Market demand and an aggressive product development roadmap has driven Volante’s product development team based in Chennai, India, to grow significantly over the past 12 months. This has prompted further expansion of Product Development and Quality Assurance capabilities into an additional talent pool in Hyderabad, India.

Nadish Lad, Head of Payments Product, Volante Technologies, said, “Volante has always had a unique, innovative proposition, which in our new digital world is needed now more than ever. Rapid, cost effective change implementation with full flexibility in the end-to-end payment journey is what the industry requires. I look forward to enhancing our existing strong base product, rich talent and culture set and developing the Volante product roadmap to help our clients build effective, market winning propositions with a quick time to market.”

Peter McKenna, Global Marketing Director, Volante Technologies, added, “Over the past 13 years Volante has built an impressive client base gaining the trust of some of the world’s leading financial institutions. Volante is entirely and passionately committed to helping clients address the challenges they face in light of new regulations and changing requirements across the financial messaging industry on several operational and business levels. I am looking forward to working with our product management and sales operations teams to build on the existing successful communications with the markets we serve, so that we can continue to evolve and build products that help address industry challenges.”

Vijay Oddiraju, Chief Executive Officer, Volante Technologies, said, “Volante is entirely dedicated to providing solutions for financial institutions and enterprises for financial data and message integration, validation and processing. This means that our clients can focus on being competitive in their market place rather than being distracted by the otherwise important business of ever-changing message standards, regulation and related software technology. Recent growth in our business as a result of client and market demand is a testament to the fact that we believe we are on the right track. With the addition of Peter and Nadish and an increased development capability to an already excellent team, we will be able to take Volante to the next level in its evolution as a business.”