Customers now have the option of sending transaction data to UnaVista matching service via SWIFT messaging format
NEW YORK, Jan. 21 /PRNewswire-Asia/ -- The London Stock Exchange has selected Volante Designer for integration of SWIFT messaging into the Exchange's UnaVista engine, Volante Technologies announced today. The implementation will enable UnaVista customers to transmit transaction data to UnaVista in SWIFT messages for matching, reconciliation and other data management services.
"Data transmission through SWIFT messaging is an important option for our customers and will enable more firms to participate in UnaVista," said Mark Husler, head of business development for UnaVista. "We were looking for a solution with out-of-the-box support for SWIFT and other types of messaging standards with no need to change our system architecture, and we found that in Volante. We believe that this will make an important contribution to both our post-trade matching utility and our cash and stock reconciliation solutions."
"We are pleased to welcome the London Stock Exchange into the rapidly growing group of Volante users," said Vijay Oddiraju, CEO of Volante, "As a service provider distinguished by agility and dependability in managing data from many sources and in many formats, UnaVista is an ideal showcase for Volante's benefits -- rapid project completion, adaptability to any format or system environment, and scalability to high volumes. We are exceptionally proud to be involved with this project."
Selected in a competitive evaluation of leading integration vendors, Volante Designer is an award-winning solution for data integration. It automatically generates integration code for any platform, application or network, including proprietary systems like UnaVista. This not only replaces hand-coding but provides runtime speed fast enough for low-latency environments.
Domain-aware Volante Plug-ins, such as the SWIFT messaging Plug-in, expedite integration with pre-built message libraries and rules. Other Plug-ins include FpML, FIX, FAST FIX, generic Plug-ins that support any proprietary message format, and a variety of vendor market data feeds handlers.
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, including Brown Brothers Harriman, The Municipal Securities Rulemaking Board, and Broadridge. For more information, visit http://www.volantetech.com .
About UnaVista
UnaVista is a generic matching, reconciliation and data integration engine which combines powerful business capabilities with a fast time to market. The solution is hosted at the London Stock Exchange, which means you can focus on your core business requirements without worrying about internal support resources or costly infrastructure. UnaVista provides solutions for post-trade central matching, cash and stock reconciliation, and inter-system reconciliations, as well as powering the Exchange's SEDOL masterfile.
