Volante Technologies has partnered with HCLTech in an effort to help financial institutions drive further payments modernisation.
As part of the mandate, HCLTech will combine its digital and engineering services capabilities with Volante’s payments solutions and low-code financial platform.
This will enable financial institutions to deploy solutions for instant payments and real-time gross settlement (RTGS) payments to a broader range of domestic and international customers.
The companies are also developing centres of excellence in India and Romania to support the configuration, customisation, integration and implementation of Volante’s business services.
Srinivasan Seshadri, chief growth officer and global head of financial services at HCLTech, comments: “Our partnership with Volante will help our clients operate in a stable, scalable and flexible payment ecosystem and develop faster time-to-market capabilities.
“With HCLTech’s decades of systems implementation expertise within payments and the banking industry as well as deep cloud technology experience, HCLTech and Volante will enable tremendous impact in the areas of payments-as-a-service for financial institutions and help banks to modernise their payments infrastructure.”
Deepak Gupta, senior vice president and global head of PaaS and strategic partnerships at Volante Technologies, says: “The joint centres of excellence will help us expand our international footprint faster and give us access to additional regional resources. By adding these regional capabilities, we will proactively apply local know-how and engineering capabilities as our clients continue their payments modernisation journey.”
