Volante Technologies, a leading provider of financial data tools and solutions across multiple asset-classes has announced the inclusion of its newest payments customer Institutional Cash Distributers Technology LLC, according to a Volante company statement.
Volante Designer An Industry-Wide Option
New York-based Volante Technologies specializes in a number of solutions suites, tools, and trading services, including supply chain finance, bank payment obligations (BPO), forex, and cash management. The company is notably offers an extensive mapping and integration formatting tool, Volante Designer, that streamlines and facilitates SWIFT transactions, payments and, trading reports – Volante Designer is utilized amongst numerous exchanges, and firms across the financial industry.
Legal Risk Factor Beneath Ripple’s Lawsuit from SECGo to article >>
Its newest addition to a diverse customer base, Institutional Cash Distributors Technology – the technology subsidiary of ICD – is also an industry mainstay in financial tools and technological offerings. ICD ultimately selected Volante Designer to handle and augment its mapping and messaging assimilation capabilities as well as the handing of its SWIFT message operations as its own expertise lies largely in risk management.
ICD Elects Volante As Solutions Provider For Data Integration
According to Mark Heyner, CTO at ICD in a recent statement on Volante’s Designer, “The capabilities of Volante Designer were clear when it was first demonstrated to ICD. Volante offers a well-designed and versatile integration mapping tool that helps us handle complex data integration and maintenance challenges. Furthermore, the Volante solution is an excellent fit for our current and future architecture strategy and development methodology. We are confident that Volante, together with our SWIFT service bureau partner, will provide a solid business and technology foundation for us in the long-term.”
Volante’s flagship product line includes two separate modules, the Volante Composer and the more widely used Volante Designer, both of which are proficient in data management techniques for clients and users. Indeed, clients that rely on Volante’s products for SWIFT services and other measures are able to micromanage many of their messaging needs and efforts, thereby foster greater efficiency measures in a climate of constantly dynamic regulation.
Moreover, “we help our customers quickly and efficiently solve their payments and business challenges by providing appropriate technology. Our solutions bring together simplicity, functionality and speed; offerings which we believe are un-matched by other data integration technology providers. ICD required only a single training session to be completely independent from us, and they now benefit from the ability to rapidly develop their own solutions quickly to meet their ever-changing business challenges. We are delighted to welcome ICD to our growing customer base,” added Vijay Oddiraju, CEO, Volante Technologies in a statement regarding the partnership with ICD.