NEW YORK, May 26, 2010 /PRNewswire/ -- After successful deployment of Volante Designer with SWIFT messaging
support, the London Stock Exchange's UnaVista has added FIX and XML support,
Volante Technologies announced today.
The announcement was made at the North American Financial Information
Summit held today in New York.
The implementation will facilitate expansion of the UnaVista matching,
reconciliation and data integration engine into new business areas, including
linking UnaVista to the Exchange's FIX gateway, and supporting the
implementation of UnaVista's new post-trade solutions.
"As part of our continuing efforts to make UnaVista's services as
accessible as possible, we will be linking UnaVista customers to our FIX
gateway, as well as opening other transmissions channels based on FIX and
XML," said Mark Husler, Head of Business Development at London Stock
Exchange. "Our experience in implementing Volante Designer for SWIFT
messaging integration illustrated how effectively it supported our
development plans. We chose the additional messaging formats from Volante to
speed up implementation times, and reduce the overhead of managing different
"UnaVista is an excellent showcase for Volante's capabilities, and we are
delighted to expand our relationship with the London Stock Exchange," said
Vijay Oddiraju, CEO of Volante. "In supporting a growing range of message
types, Volante technology will enable UnaVista to meet its business
objectives more rapidly. Our scalability to high volumes and ultra-low
latency are benefits that the Exchange can depend upon as UnaVista grows. We
are exceptionally proud to be involved with this project."
Volante Designer is an award-winning solution for data integration.
Volante integration solutions work on any platform, application or network,
including proprietary systems like UnaVista. Domain-aware Volante Format
Plug-ins accelerate implementations with support of financial messaging such
as FIX, FAST FIX, SWIFT, FpML, vendor and exchange market feeds, as well as
proprietary message formats.
Since 2001, Volante Technologies has been accelerating data management
for the financial services industry, while slashing development time and cost
of ownership. Volante provides integration solutions for low-latency
environments, service oriented architectures, vendor data consolidation,
complex event processing, SWIFT message integration and other complex data
challenges. Its metadata-based technology also enables enterprise data
governance and model-driven data initiatives.
Volante solutions are employed by top-tier buy-side and sell-side
institutions around the globe, as well as industry utilities. For more
information, visit http://www.volantetech.com.
UnaVista is the London Stock Exchange's secure hosted platform for all
validation, matching and reconciliation needs. UnaVista offers a number of
solutions including Transaction Reporting, Post Trade Confirmations,
Reconciliation, and Reference Data Management.