Volante Technologies releases Designer version 6.0

Delivering enhanced support for API banking, cloud enablement and microservices architecture

NEW YORK, LONDON, DUBAI, United Arab Emirates and MEXICO CITY, Oct. 31, 2018 (GLOBE NEWSWIRE) — Volante Technologies Inc., a global provider of software for accelerated financial message integration and end-to-end payments processing, today announced the release of Volante Designer version 6.0. This major release allows banks and financial institutions to address the increasing industry demand for API, cloud and microservices enablement.

Organizations looking to take advantage of the opportunities arising from the API economy will benefit from Designer 6.0’s Services Manager feature, which allows users to design comprehensive API-driven solutions, or seamlessly integrate into their hybrid environments using standardized interfaces. Services Manager also provides extensive support for microservices architectures, specifically leveraging RESTful APIs, today’s gold standard for open banking. 

Designer 6.0 incorporates a number of important enhancements to enable and accelerate cloud deployments. When combined with Designer’s existing OSGi code generation capability (hot deployment in an always-on production environment), users can quickly build highly scalable cloud-based multi-tenant applications with native high-availability, an essential requirement for 24×7 processing. 

Compliant with the latest industry and regulatory standards for software accessibility that govern aspects such as keyboard access and display customization, Designer 6.0 can be easily used by individuals with a variety of accessibility needs. The release also includes new plugins, transformations, and additional support for platforms including OpenJDX, newer versions of Java and of middleware such as Mulesoft. In doing so, this new version continues to address the challenges posed by ever evolving messaging standards.

According to recent research from Aite Group, several trends are shaping the market and the ways in which leading technology providers must serve their clients. Trends include a focus on customer experience over functionality, improved data delivery, more frequent product releases, fully API-enabled architectures, and plans to create financial technology ecosystems.

Christine Barry, Aite Director of Research, commented, “As banks and financial institutions compete more intensely with third-party providers and new market entrants, it is more important than ever for them to differentiate by focusing on customer-centric value-added services. That means having technology which will allow them to easily tap into today’s growing digital ecosystems and expand their service portfolio.”

Venkat Malla, VP, Product Management, Volante Technologies, commented, “This major version release helps our customers manage the rapid pace of technological change and  capitalize on the biggest trends in financial services, such as the API economy and cloud computing. Version 6.0 stays true to Volante Designer’s fundamental tenets: enabling rapid financial message integration and processing, founded on solid open-architecture API-native bedrock.”

About Volante Technologies

Founded in 2001, Volante Technologies is a global leader in the provision of software for the integration, processing and orchestration of payments and financial messages within financial institutions and corporate enterprises. Volante is dedicated to helping firms increase their business agility so they can focus on being competitive in their marketplace. Product features such as configuration rather than coding, automated code and documentation generation and inbuilt test harnesses promise significantly accelerated project completions.

Volante serves a growing client base of more than 85 financial institutions and corporate enterprises operating in 27 countries around the world, including several of the largest global organizations. Many clients use Volante to assist with multiple product implementations ranging from message transformation and integration, through to the processing and orchestration of payments. Along with its products, Volante Designer and the VolPay Suite of payments processing products, Volante maintains a growing library of hundreds of domestic and international financial industry standards plugins, transformations and processor modules. Volante’s VolPay Suite of payment products can be licensed and deployed on premise or on the cloud. Should clients choose to subscribe to any of the VolPay Suite applications as ‘Payments as a Service’ on the cloud, Volante also offers this option.

Supported by offices in Jersey City, London, Dubai, Mexico City, Bogota, Hyderabad, Chennai and Pune, Volante is able to encapsulate a best practice approach into all its product lines.

For further information please visit: www.volantetech.com

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