The New York-based Volante Technologies Inc. said Tuesday it is the first SWIFT certified solution to run on SpikeSource Core Stack.
The data management solutions provider said its technology is fully configured and optimized for the use with SpikeSource Spike Stacks. Volante data management products, which run in J2EE and .net environments, support payments, corporate actions, market data and trade processing.
SpikeSource provides Volante with Spike Stacks including Java, Apache and MySQL components that are guaranteed to work with Volante solutions. Volante said in a news release that SpikeSource and Volante’s partnership enables reliable and lower cost solutions for financial services based on business-ready open source infrastructure.
Business savvy professionals in financial services do not have to think twice about open source products now. By running a SWIFT certified solution on an open source stack fully supported by SpikeSource, customers are assured of a reliable and risk free offering, said Vijay Oddiraju, CEO of Volante Technologies. Volante is committed to providing the flexibility for our customers to choose their platform, open source being one of them.