The Vanguard Group has announced it will use Volante Technologies, Inc., for data management.
In the initial project, Volante will take any Vanguard proprietary COBOL copy-book format message parse and validate it against Vanguard’s own business and validation rules and then transform the message to a standard, fully-validated SWIFT format message.
“All of the new technologies we implement must drive quality improvements or enhance efficiencies, providing value to our clients,” said Tim Buckley, Managing Director-Vanguard Information Technology. “Volante offered a new approach to message management using models and a very flexible architecture that we believe will help us reduce costs and greatly shorten project development times.”
“Volante is extremely pleased that The Vanguard Group has selected our product suite, after an exhaustive and comprehensive evaluation, to address their immediate and long-term needs for flexible data management,” stated Vijay Oddiraju, Volante’s Chairman and Co-Founder.