ICD Selects Volante for Data Needs for SWIFT Messaging

Institutional Cash Distributors Technology, the technology arm of investment and risk management provider ICD, has selected Volante Technologies for the mapping and integration of their data formats to simplify their use of SWIFT transactions, payments and reports.
By Jake Safane(2147484770)
Institutional Cash Distributors Technology, the technology arm of investment and risk management provider ICD, has selected Volante Technologies for the mapping and integration of their data formats to simplify their use of SWIFT transactions, payments and reports.

ICD chose Volante’s suite of data integration tools, Volante Designer, due to ICD’s need to process and transform multiple different data formats, and they looked for technology that could be integrated with their existing development foundation. With Volante Designer, ICD has been able to increase their messaging capabilities and improve their straight-through-processing rates.

For ICD’s SWIFT operations, the company uses a SWIFT service bureau, a third-party provider certified by SWIFT, which hosts components for the ICD Portal. The service bureau was closely involved with the implementation of Volante, in order for the bureau to host certain Volante componets for the ICD portal as well.

“The capabilities of Volante Designer were clear when it was first demonstrated to ICD. Volante offers a well-designed and versatile integration mapping tool that helps us handle complex data integration and maintenance challenges. Furthermore, the Volante solution is an excellent fit for our current and future architecture strategy and development methodology. We are confident that Volante, together with our SWIFT Service Provider partner, will provide a solid business and technology foundation for us in the long term,” says Mark Heyner, chief technology officer, ICD.

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