Volante Earns 2010 SWIFT Label for SWIFTReady Messaging Data Services

NEW YORK, June 9 /PRNewswire/ -- Volante Technologies announced today that Volante Designer for SWIFT has once again received early certification for the 2010 gold label in SWIFTReady Messaging Data Services (MDS).

"With 100 percent accuracy in SWIFT message validations and MT-MX transformation, Volante Designer has again sailed smoothly through the MDS certification process. As always, Volante Designer stands out as a comprehensive messaging data solution for handling SWIFT messages," said Eric Meirlaen, Business Analyst at SWIFT. "Enabling integrations that capture and conserve the metadata of SWIFT messages and their destinations, Volante support rapid development in any type of architecture, whether legacy, proprietary or SOAs."

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.

"Volante is first again to be certified for the SWIFTReady MDS label, and we take pride in this. It demonstrates to our customers and partners the robustness of our technology, as well our ability to turn SWIFT annual certifications around quickly for their benefit," said Vijay Oddiraju, CEO of Volante. "Our customers can literally build complex integrations in hours, and well in advance of SWIFT's November deadline for deployment of the new standards. This is why Volante is the integration technology of choice for financial institutions, utilities and vendors seeking the simplest, fastest and most cost-effective approach for financial messaging challenges."

Volante technology includes 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.

Companies interested in a demonstration of Volante Designer for SWIFT are invited to contact Volante at [email protected].

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, and leading service and software firms. For more information, visit www.volantetech.com.

SOURCE Volante Technologies, Inc.