Volante Earns 2011 SWIFT Label for SWIFTReady Messaging Data Services

NEW YORK, July 6, 2011 /PRNewswire/ -- Volante Technologies announced today that Volante Designer for SWIFT has once again received the first certification for the 2011 label in SWIFTReady Messaging Data Services (MDS). In certification testing, the application earned perfect scores in both message transformation and validation tests.

"The fact that Volante Designer scored 100% in both tests is evidence of Volante's meticulous implementation of SWIFT defined rules," said Filip Versluys, Head of Partner Management for SWIFT, "and confirms the credibility of this application as a comprehensive messaging data solution.  The MDS certification is the most advanced integration category SWIFT recognizes, enabling users to accelerate any type of SWIFT-related development."  

SWIFT criteria for the SWIFTReady Messaging Data Services (MDS) label include comprehensive support for SWIFT Standards, such as validation against syntactical and semantic rules; transformation of the messages between different formats, 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 that, once again, Volante is first to successfully complete the SWIFTReady MDS certification tests. What this means to our customers, present and future, is that the same speed, precision and ease of use is there to expedite their SWIFT projects," said Vijay Oddiraju, CEO of Volante. "In addition, we turn around annual SWIFT updates for our customers early each year, giving our customers plenty of time to deploy the new standards well in advance of November deadlines. This is why Volante is the integration technology of choice to leading financial institutions, exchanges and technology vendors around the world."

Volante technology includes powerful development tools for mapping, integration and offline testing, metadata capture and management, 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.

Media Contact:
Kathleen Hawk
+1 (845) 687-2222
[email protected]

SOURCE Volante Technologies