Volante Extends Messaging Support in FX Data and Settlements

By Volante Technologies, PRNE
Monday, June 21, 2010

FX Trading Firms Offered Relief from Time and Cost of Messaging Integration

NEW YORK, June 22, 2010 - Volante Technologies today announced its expansion in the foreign
exchange messaging world with the availability of high-speed integration
technology for price data from the Currenex ESP(TM), as well as an
integration model for the CLS settlement environment.

Originally developed to integrate Currenex Executable Streaming Price
(ESP) data into the low-latency data management architecture of a major Wall
Street bank, this new Volante Designer Plug-in for Currenex supports the FIX
4.2 protocol native to the Currenex gateway. Beyond enabling simplified
integration of the Currenex feed, it also incorporates inbuilt latency
measurement.

The CLS integration model, designed for a major corporate treasury,
provides a solution for linking trading and accounting systems to the global
currency settlement system of CLS Bank. Comprised of integration modules,
including full support and validation routines for SWIFT messages for
treasury markets, as well as frameworks for transaction tracking, repair and
oversight, the model provides a rapid and cost-effective route to
implementing CLS-based settlement, no matter how complex the background
systems environment.

"We are pleased to extend Volante's well-known benefits to firms trading
in currencies," said Vijay Oddiraju, CEO of Volante. "They need data linkages
that offer low latency with extreme resiliency to data spikes, and rapid
adaptability to changes in incoming data. This is what Volante brings to the
table."

Volante technology is designed to expedite the development and
implementation of state-of-the-art messaging solutions. Volante offers
pre-built domain awareness of a broad spectrum of financial messaging types,
including SWIFT, BAI2, SEPA, FpML, FIX, CMS, market data feeds, and various
generic and proprietary formats. Volante is infrastructure agnostic, enabling
solutions to be seamlessly integrated into applications and networks,
communication gateways and middleware, such as J2EE application servers,
service oriented architectures (SOA) or existing applications.

About Volante

Since 2001, Volante Technologies has been providing expertise and
software solutions for data messaging, slashing development time and costs
for the financial services industry. 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 top-tier buy-side and sell-side
institutions around the globe, as well as industry utilities. For more
information, visit www.volantetech.com.

    Media Contact:
    Kathleen Hawk
    +1-845-687-2222
    kathleen@volantetech.com

Kathleen Hawk of Volante Technologies, +1-845-687-2222, kathleen at volantetech.com

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