Delivering enhanced support for API banking, cloud enablement and microservices architecture
Volante Technologies Inc., a global provider of software for accelerated financial message integration and end-to-end payments processing, today announced the release of Volante Designer version 6.0. This major release allows banks and financial institutions to address the increasing industry demand for API, cloud and microservices enablement.
Organizations looking to take advantage of the opportunities arising from the API economy will benefit from Designer 6.0’s Services Manager feature, which allows users to design comprehensive API-driven solutions, or seamlessly integrate into their hybrid environments using standardized interfaces. Services Manager also provides extensive support for microservices architectures, specifically leveraging RESTful APIs, today’s gold standard for open banking.
Designer 6.0 incorporates a number of important enhancements to enable and accelerate cloud deployments. When combined with Designer’s existing OSGi code generation capability (hot deployment in an always-on production environment), users can quickly build highly scalable cloud-based multi-tenant applications with native high-availability, an essential requirement for 24×7 processing.
Compliant with the latest industry and regulatory standards for software accessibility that govern aspects such as keyboard access and display customization, Designer 6.0 can be easily used by individuals with a variety of accessibility needs. The release also includes new plugins, transformations, and additional support for platforms including OpenJDK, newer versions of Java and of middleware such as Mulesoft. In doing so, this new version continues to address the challenges posed by ever evolving messaging standards.
According to recent research from Aite Group, several trends are shaping the market and the ways in which leading technology providers must serve their clients. Trends include a focus on customer experience over functionality, improved data delivery, more frequent product releases, fully API-enabled architectures, and plans to create financial technology ecosystems.
Christine Barry, Aite Director of Research, commented, “As banks and financial institutions compete more intensely with third-party providers and new market entrants, it is more important than ever for them to differentiate by focusing on customer-centric value-added services. That means having technology which will allow them to easily tap into today’s growing digital ecosystems and expand their service portfolio.”
Venkat Malla, VP, Product Management, Volante Technologies, commented, “This major version release helps our customers manage the rapid pace of technological change and capitalize on the biggest trends in financial services, such as the API economy and cloud computing. Version 6.0 stays true to Volante Designer’s fundamental tenets: enabling rapid financial message integration and processing, founded on solid open-architecture API-native bedrock.”