Volante Technologies appoints Market Engagement Director – Standards Evolution

NEW YORK, LONDON, DUBAI, MEXICO CITY, 21 May 2014 – Volante Technologies, a global leader in the provision of innovative financial data integration, today announced the strategic appointment of Neil Clarke as Market Engagement Director – Standards Evolution.

The new strategic hire reinforces Volante’s commitment to its customers and the industry as a whole and extends the organization’s remit within standards. Tracking, assessing and contributing to the ever-changing standards landscape will enable Volante to be well positioned to respond to customer challenges and proactively develop products to ease the migration and adoption of new international and domestic message standards.

Neil joins Volante with over 15 years’ experience gained from one of the world’s leading payments and messaging specialists, CGI (formerly Logica), where Neil was responsible for CGI’s Financial Messaging and Central Market product portfolios. Neil’s sole task at Volante is to engage with the market, customers and prospects to track and evaluate evolving global financial messaging standards across all asset classes. The newly created role will form a bridge between sales and product management teams and will ensure that Volante continues to shape a comprehensive and forward-looking product roadmap whether for banks, corporate treasury departments, buy-side and sell-side organizations, exchanges, etc.

Commenting on his appointment, Neil Clarke, Market Engagement Director – Standards Evolution, Volante Technologies, said, “I was continually impressed with Volante’s ability to respond quickly to partner needs during my time at Logica. The partnership that Logica entered into in 2010 incorporated Volante’s message transformation technology into Logica’s Intelligent Gateway to enhance its SWIFT MT-MX translations. This simple approach to message transformation and conversion, regardless of region, asset class or messaging standard, allows its ever-increasing community of customers and partners to benefit from standards solutions, however complex their data integration challenge may be. I’m excited to be a part of this growing company and to be in a position to proactively help shape the future development of financial services standards.”

Fiona Hamilton, VP EMEA, Volante Technologies, adds, “The addition of Neil Clarke to the growing Volante team is evidence of our on-going investment in personnel to enable Volante to continue to be active in understanding new standards and contributing to the evolution of standards in the financial services industry. Ensuring that we have focused on identifying key changes and challenges facing our customers helps us to continue to create solutions that will ease the migration towards ever-changing standards whether it’s ISO-based messages, FIX or FpML, etc., including different banking standards in various countries.”

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Media Contact: On behalf of Volante Holly Finn Lindsay Clarke Julia Streets Streets Consulting Tel: +44 (0)20 7959 2235 Holly.Finn@Streetsconsulting.com Lindsay.Clarke@streetsconsulting.com Julia.Streets@Streetsconsulting.com

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 technology 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 organizations, 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