Volante Technologies, Inc., the provider of platform-independent data management and messaging applications for the financial services industry, has formed a partnership with MuleSource, the official support and services organisation backing Mule.
Mule is an open source Enterprise Service Bus (ESB) and integration platform, with hundreds of mission-critical production installations worldwide, including several of the Fortune 50, and more than 200,000 downloads since 2005. Financial services organisations are increasingly running Mule as the messaging backbone for high-volume trade processing, and experiencing performance that rivals multi-million dollar proprietary alternatives at a fraction of the cost.
Volante aims to provide a high performance platform-agnostic product suite that gives customers open and flexible solutions to conquer the challenges of data integration in SOA environments. In financial services, SOA migration requires exposing previously siloed, monolithic applications as services for re-use across legacy infrastructure (even resident mainframe applications).
“We are watching Mule and open source rapidly steal market share from the proprietary integration technologies in the financial services industry,” says Vijay Oddiraju, the Founder & CEO of Volante Technologies. “Together we are giving financial institutions one more way to increase shareholder value. They will now be able to bring revenue generating products to the market in a more timely fashion and at a much lower cost than with expensive and cumbersome proprietary middleware solutions.”