Volante Technologies and Finexus partner on RTGS in Asia

Volante Technologies has been chosen by Finexus to provide the transformations of MT to MX message in multi-currency real-time gross settlement (RTGS) system implementations.

Finexus and Volante’s first project in the region is a multi-year implementation at a central bank and is part of a larger, global internationalisation and modernisation process, to build and maintain RTGS and scripless securities settlement systems in the Asia-Pacific region.

Finexus chose to work with Volante Technologies to provide the MT to MX transformations – a key component to any new RTGS infrastructure. The new system currently in implementation is anticipated to provide the central bank’s customers with a choice of message formats when accessing settlement services. Volante will assist Finexus in enabling its customers to do business without the need for end-users to change their own message standards integration to their internal or source systems.