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Volante Earns 2009 SWIFT Label for SWIFTReady Messaging Data Services

Posted on: Monday, 3 August 2009, 06:30 CDT

NEW YORK, Aug. 3 /PRNewswire/ -- Powering finance with data management innovations, Volante announced today that Volante Designer for SWIFT has once again received early certification for the 2009 gold label in SWIFTReady Messaging Data Services (MDS).

"As always, Volante Designer stands out as a comprehensive messaging data solution for handling SWIFT messages of all types," said Eric Meirlaen, Business Analyst at SWIFT. "Its metadata-based architecture enables customers to benefit from SWIFT-formatted information in any type of architecture, whether legacy, proprietary or SOAs. Volante demonstrated the highest level of compliance of the industry for SWIFT standards validation."

SWIFT criteria for the SWIFTReady Messaging Data Services (MDS) Label include comprehensive support for SWIFTStandards, such as validation against syntactical and semantic rules, transformation of the messages between different formats (MX, MT), support for various SWIFT directories and deployment of run-time libraries in various modes including SOA environments that can be used by financial applications.

The Messaging Data Service maps data coming from business applications into messages or files that are ready to be supplied to any financial counterparty through SWIFT interfaces. Reversely, it parses message payloads transferred from SWIFT, and transforms them into formats supported by back-office applications.

"We are proud once again to be certified for the SWIFTReady MDS label, the most needed category for SWIFT users facing advanced integration challenges," said Vijay Oddiraju, CEO of Volante. "It is no coincidence that Volante Designer for SWIFT is the global choice of institutions, utilities and vendors seeking the simplest, fastest and most cost-effective approach for financial messaging challenges. Our customers can literally build complex integrations in hours."

Volante Designer for SWIFT includes a group of powerful development tools for mapping, integration and offline testing, metadata archiving and governance, and creation of Web forms for data entry and cleansing. Volante tools work with any software, network and infrastructure environment without requiring dedicated infrastructure. For more information about Volante Designer, visit www.volantetech.com or contact us at info@volantetech.com.

About Volante

Since 2001, Volante Technologies has been accelerating data management for the financial services industry, while slashing development time and cost of ownership. 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

SOURCE Volante Technologies, Inc.

Source: PR Newswire

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