Volante Technologies has launched a financial message validation on the cloud, available as an Amazon Machine Image (AMI) on the AWS Marketplace.
Volante’s new validation offering is available as a microservice to any users testing their SWIFT Standards Release 2019 messages ahead of go-live in November.
The validation service provides application programming interfaces (API) for validating messages, ready for applications to use.
The service enhances the validation process by identifying valid/invalid messages and returning a list of errors encountered.
This information helps reduce the frequency and severity of formatting errors and minimises the risk of rejected messages.
In order to improve security, users purchase dedicated hosting services in which they deploy AMI.
Venkat Malla, co-founder and head of product management at Volante Technologies, said: “At Volante Technologies, we are constantly looking at ways to help our customers simplify complexity by introducing automation in the processing of financial messages. Making our new message validation as a service offering available as an AMI on AWS is an important further step in this direction.”
He added: “The SWIFT validation API, which will help anyone looking to validate their Standards Release 2019 messages in advance of the live date, is only the first of many cloud-based services we plan to launch in the future.”
Deepak Gupta, global head of software as a service at Volante Technologies, commented: “Volante has partnered with the best cloud providers in the industry, and we are delighted to offer this new validation service on the cloud along with other cloud-native Volante solutions such as VolPay for payments processing.”
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