Volante Announces Support for SWIFT SR 2010 and EBAM
By Volante Technologies, PRNEWednesday, April 28, 2010
Immediate availability of new SWIFT message standards enables rapid onboarding of new users and easy upgrades for existing users
NEW YORK, April 29, 2010 - Powering finance with data management innovations, Volante Technologies,
Inc. today announced the availability of updates to the Volante product suite
with support for the latest SWIFT Standards Release 2010 as well as EBAM
(Electronic Bank Account Management). Available as plug-ins to Volante
integration tools, these include fully functional versions of the newest ISO
15022 and ISO 20022 standards, the complete catalog of all SWIFT messages and
all SWIFT business rules specified in SR 2010.
"Volante customers and partners like our consistency in quality and
delivery of annual SWIFT upgrades every year, well in advance of SWIFT
deployment deadlines," said Vijay Oddiraju, CEO. "With early access, they
gain tremendous time-to-market advantage in every kind of project - from
onboarding new users to deploying MT-MX coexistence with the latest SWIFT
version."
Support for the new EBAM standard enables corporates and banks to
automate the current paper-based processes used for bank account management,
saving significant cost and time. Volante also supports all major financial
standards such as EDI, BAI2, ISO8583, ACH, etc., as well as providing the
ability to capture proprietary formats used by internal applications. This
enables easy adoption of messaging standards without extensive retooling of
these applications.
Volante is infrastructure agnostic. SWIFT messaging solutions developed
using Volante can be seamlessly integrated into a customer's existing
middleware, such as J2EE application servers, service oriented architectures
(SOA) or existing applications.
About Volante
The first SWIFT vendor partner to win the SWIFT Messaging Data Services
designation, Volante Technologies has been accelerating data management for
the financial services industry since 2001. Volante provides integration
solutions for low-latency environments, service oriented-architectures,
vendor data consolidation, event processing, SWIFT message integration and
other complex data challenges. Its metadata-based technology also enables
data governance and model-driven data initiatives.
Volante solutions are employed by buy-side and sell-side institutions
around the globe, corporate treasuries, financial industry utilities and
exchanges. For more information, visit www.volantetech.com.
Media Contact:
Kathleen Hawk +1-845-687-2222 kathleen@volantetech.com
Kathleen Hawk, +1-845-687-2222, kathleen at volantetech.com
Tags: April 29, England, New York, Volante Technologies