Volante Technologies


    Tue, 17 Sep 2013 03:17:07 GMT – Volante Technologies

    Volante Suite is Optimized for Speed and Reliability on Oracle Exalogic Elastic Cloud and Supported and Ready to Run on Oracle Exadata Database Machine and Oracle SuperCluster

    NEW YORK, LONDON, 17 September, 2013 – Volante Technologies Inc., today announced that Volante Suite 4.0 has achieved Oracle Exalogic Optimized, Oracle Exadata Ready, and Oracle SuperCluster Ready status through Oracle PartnerNetwork (OPN). Today’s announcement demonstrates that Volante Suite 4.0 has been tested and tuned with Oracle Exalogic Elastic Cloud to deliver speed, scalability and reliability to customers. Additionally, Volante Technologies supports VOLANTE SUITE 4.0 with Oracle Exadata Database Machine and Oracle SuperCluster Oracle Solaris 11, Oracle Linux, and Oracle VM 3.   

    The Volante product is a model-driven code generator that enables data integration and helps firms navigate and manage the diverse, complex and constantly growing mass of message formats, standards and protocols throughout the lifecycle of any financial transaction.  Volante works with commercial and retail banks, corporate treasury departments, buy and sell side organisations, exchanges, custodians, clearing houses and financial industry utilities.  Volante is a Gold level member of Oracle PartnerNetwork.

    Volante’s architecture incorporates messages and standards through the use of a wide variety of adapters to handle virtually every possible combination or permutation of message and data complexity.  By extensively testing the creation, validation and transformation of 32 international and domestic message standards, the Volante product running with Oracle Exalogic Elastic Cloud can provide near linear scalability in the most challenging Financial Services environments and can be over 4.5X faster for critical batch processing in typical deployments. This performance test proved that Volante Suite with Oracle Exalogic can be globally applicable and a proven and measurable enterprise architecture for the implementation of financial message-based data integration.

    Volante’s ability to transform new messages and standards without adding excessive latency demonstrated that Volante can provide a high degree of insulation from external change and protects firms from the costs and challenges of new processes.  Our performance tests at the Oracle labs show good compatibility between the Volante and Oracle products and enable deployment to be over four times faster than was previously possible before the Volante products were optimized for running on Oracle.  This ability to speed up deployment helps enhance the technology TCO (Total Cost of Ownership) and can reduce the operational risk inherent in a firms’ infrastructure’s ability to adapt and evolve.

    Oracle Exalogic Optimized, Oracle Exadata Ready, and Oracle SuperCluster Ready are part of the Oracle Exastack program which allows partners, such as Volante Technologies Inc., to leverage OPN enablement resources and dedicated lab environments to help develop, test and tune their applications on Oracle Exadata Oracle Exalogic Elastic Cloud, and Oracle SuperCluster Engineered Systems.

    Oracle Exadata delivers extreme performance and is the ideal database platform for OLTP applications, data warehouses as well as the varied and unpredictable workloads of cloud computing.  It is a complete package of servers, storage, networking, and software that is massively scalable, secure and redundant.

     Oracle Exalogic Elastic Cloud is hardware and software engineered together to provide extreme performance, reliability and scalability for Oracle, Java and other business applications, while offering lower TCO, reduced risk, higher user productivity and one-stop support.

    Oracle SuperCluster is the world’s efficient multi-purpose engineered system, delivering extreme efficiency, cost savings, and performance for consolidating mission critical applications and rapidly deploying cloud services.  Oracle Solaris 11, the first cloud OS, brings the reliability, security and scalability of the #1 enterprise OS to the cloud, allowing customers to run their most demanding enterprise applications in private, hybrid, or public clouds. Oracle Linux brings the latest Linux innovations to market, delivering extreme performance, advanced scalability, and reliability for enterprise applications, and enables lower costs. Oracle VM 3, the latest release of Oracle’s x86 server virtualization solution, is suitable for datacenter workloads, enabling companies to move beyond server consolidation and to focus on accelerating and simplifying application deployment and management.

    By achieving Oracle Exalogic Optimized status, Oracle recognizes Volante Technologies Inc. for developing, testing and tuning Volante Suite 4.0 on Oracle Exalogic Elastic Cloud. Customers can be confident when selecting Volante Suite 4.0 that it has been tested and tuned to achieve optimal performance, scalability and reliability.

    Vijay Oddiraju, CEO, Volante, said “Product scalability in a constantly evolving financial climate can be a key concern for financials services institutions. By carrying out this extensive testing of the creation, validation and transformation of thirty-two international and domestic message standards we have proved that Volante on Oracle Exalogic is capable of addressing scalability and of operating in the most challenging financial services environments.  We are proud to be awarded the Oracle accreditation and look forward to collaborating on future Oracle Exalogic-based projects and helping more customers achieve seamless integration whatever their business challenge.”

    “Oracle Exastack Optimized recognizes partners who have optimized their solutions on a complete, integrated and cloud-ready infrastructure in order to help them accelerate innovation, unlock new features and functionality, and deliver superior value to users,” said Chris Baker, Senior Vice President, Worldwide ISV and OEM Sales, Oracle. “By achieving Oracle Exalogic Optimized status, Volante Technologies Inc. has demonstrated VOLANTE SUITE 4.0 is tested and tuned to work with Oracle Exalogic Elastic Cloud to help deliver optimum performance, scalability, and reliability to their customers.”

    – ends –

    About Volante

    Founded in 2001, Volante Technologies is a global leader in the provision of innovative financial data integration.

    Volante is dedicated to enabling clients navigate and manage the diverse, complex and constantly growing range of message formats, standards and protocol challenges encountered throughout the lifecycle of any financial transaction.   Volante delivers and maintains comprehensive pre-built plug-ins for over seventy international and domestic standards such as SWIFT MT and MX, FIX, FpML, EDIFACT, ISO 20022, and SEPA, as well as proprietary formats based on XML, CSV and Fixed Width.

    Volante’s innovative development environment simplifies the management of message complexity, so firms can improve their straight-through-processing (STP) rates and take full advantage of their commercial opportunities.  Development times are reduced by 60-80%, delivering rapid returns on investment (ROI) as well as increased operational efficiency for a lower total cost of ownership (TCO).

    Supported by offices in New York, London, Dubai, Mexico City and Chennai, Volante solutions are employed by an extremely diverse set of organisations, including buy-side and sell-side capital market institutions, banks (Universal, Commercial and Retail), corporate treasuries, financial industry utilities, clearing houses, exchanges, systems integrators and application vendors. For more information, visit www.volantetech.com

    About the Oracle Exastack Program

    The Oracle Exastack program helps enable Independent Software Vendors (ISVs) and other members of Oracle PartnerNetwork (OPN) to rapidly build and deliver faster, more reliable applications. Leveraging the Oracle Exastack program, qualifying OPN members have access to Oracle performance experts and dedicated labs for testing and tuning their applications on Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud and Oracle SuperCluster. With an Oracle Exastack Optimized status, partners will receive access to corresponding Oracle branding, logos and related benefits to effectively differentiate their offerings. Customers can be confident when selecting Oracle Exastack Optimized applications that they are supported, and have been tested and tuned with the goal to achieve optimal performance, scalability and reliability. Also part of the program, Oracle Exastack Ready is dedicated to helping ISVs run their solutions on the latest major release of Oracle Exadata Database Machine, Oracle Exalogic Elastic Cloud, Oracle SuperCluster and their component products, including Oracle Database, Oracle WebLogic Server, Oracle Solaris, Oracle Linux and Oracle VM. These products provide partners with a lower cost and high performance infrastructure for database and application workloads across on-premise and cloud based environments. To find out more, visit http://www.oracle.com/partners/goto/exastack

    About Oracle PartnerNetwork
    Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle’s partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more, visit http://www.oracle.com/partners.

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