Volante launches accelerator

Volante Technologies, a provider of software for the integration, processing and orchestration of financial messages and payments, working in collaboration with Ripple, says it has created a solution specifically designed to accelerate the process of integrating with Ripple, the global provider of distributed financial technology solutions offering real-time settlement of cross-border payments.

At SIBOS 2015 Volante demonstrated Ripple-readiness as a feature of the VolPay Hub product. Building on this capability and following close engagement with Ripple, Volante has developed a highly flexible integration solution wholly designed to simplify the connectivity to Ripple.

Neil Clarke, market engagement director, Volante Technologies, said: “Ripple continues to gain traction in the payments world and banks are looking for solutions to quickly and easily integrate to this new distributed ledger-based multicurrency settlement solution.”

Steve Mollenkamp, head of channel sales, Ripple, commented: “The combination of Volante and Ripple greatly simplifies banks’ integration with Ripple distributed financial technologies. We view Volante as a critical partner for building Ripple’s new real-time, data-rich payments network.”