Volante Technologies, a global provider of payments processing software for the integration, processing and orchestration of payments and financial messages, has announced that the entire range of the VolPay Suite of payments processing products is now available on the Microsoft Azure cloud platform.
Volante serves a growing client base of over 85 financial institutions and corporate enterprises operating in 27 countries around the world, including several of the largest global organizations.
The availability of Volante’s payments processing products on Microsoft Azure gives financial institutions an added choice for their payments transformation projects. Cloud-based technologies increase in popularity as banks and other financial institutions look to reduce IT costs, improve scalability and benefit from using on-demand products and services.
“We like to stay ahead of our clients’ requirements, and investing in cloud-based technologies now ensures that we are in a perfect position to give banks and institutions the option of moving away from the traditional model of in-house deployments,” said Vijay Oddiraju, CEO of Volante Technologies. “Improving business agility is central to our belief and we already pride ourselves with dramatically accelerated payment transformation projects compared to other more traditional approaches. Cloud takes this to the next level of acceleration, cost savings, and convenience for firms in the payments business.”
By accessing Volante VolPay on the cloud, financials and corporate organizations would be able to avoid hosting on-premises, or in their data centers, and benefit from reduced software and hardware costs while immediately taking advantage of new functionality as it becomes available.
“Technology is increasingly providing financial institutions with a competitive edge, and we are thrilled Volante is bringing the VolPay Suite to Microsoft Azure offering our mutual clients flexibility and choice,” said Janet Lewis, vice president of Worldwide Financial Services, Microsoft. “Having Volante Technologies on-board delivers significant advantages to clients who are looking to optimize the use of cloud computing technologies and benefit from a reduction in hardware and software costs.”