Volante Technologies Inc., today announced that Volante Suite 4.0 has achieved Oracle Exalogic Optimized, Oracle Exadata Ready, and Oracle SuperCluster Ready status through Oracle PartnerNetwork (OPN). Today’s announcement demonstrates that Volante Suite 4.0 has been tested and tuned with Oracle Exalogic Elastic Cloud to deliver speed, scalability and reliability to customers. Additionally, Volante Technologies supports VOLANTE SUITE 4.0 with Oracle Exadata Database Machine and Oracle SuperCluster Oracle Solaris 11, Oracle Linux, and Oracle VM 3.
The Volante product is a model-driven code generator that enables data integration and helps firms navigate and manage the diverse, complex and constantly growing mass of message formats, standards and protocols throughout the lifecycle of any financial transaction. Volante works with commercial and retail banks, corporate treasury departments, buy and sell side organisations, exchanges, custodians, clearing houses and financial industry utilities. Volante is a Gold level member of Oracle PartnerNetwork.
Volante’s architecture incorporates messages and standards through the use of a wide variety of adapters to handle virtually every possible combination or permutation of message and data complexity. By extensively testing the creation, validation and transformation of 32 international and domestic message standards, the Volante product running with Oracle Exalogic Elastic Cloud can provide near linear scalability in the most challenging Financial Services environments and can be over 4.5X faster for critical batch processing in typical deployments. This performance test proved that Volante Suite with Oracle Exalogic can be globally applicable and a proven and measurable enterprise architecture for the implementation of financial message-based data integration.
Volante’s ability to transform new messages and standards without adding excessive latency demonstrated that Volante can provide a high degree of insulation from external change and protects firms from the costs and challenges of new processes. Our performance tests at the Oracle labs show good compatibility between the Volante and Oracle products and enable deployment to be over four times faster than was previously possible before the Volante products were optimized for running on Oracle. This ability to speed up deployment helps enhance the technology TCO (Total Cost of Ownership) and can reduce the operational risk inherent in a firms’ infrastructure’s ability to adapt and evolve.
Oracle Exalogic Optimized, Oracle Exadata Ready, and Oracle SuperCluster Ready are part of the Oracle Exastack program which allows partners, such as Volante Technologies Inc., to leverage OPN enablement resources and dedicated lab environments to help develop, test and tune their applications on Oracle Exadata Oracle Exalogic Elastic Cloud, and Oracle SuperCluster Engineered Systems.
Oracle Exadata delivers extreme performance and is the ideal database platform for OLTP applications, data warehouses as well as the varied and unpredictable workloads of cloud computing. It is a complete package of servers, storage, networking, and software that is massively scalable, secure and redundant.
Oracle Exalogic Elastic Cloud is hardware and software engineered together to provide extreme performance, reliability and scalability for Oracle, Java and other business applications, while offering lower TCO, reduced risk, higher user productivity and one-stop support.
Oracle SuperCluster is the world’s efficient multi-purpose engineered system, delivering extreme efficiency, cost savings, and performance for consolidating mission critical applications and rapidly deploying cloud services. Oracle Solaris 11, the first cloud OS, brings the reliability, security and scalability of the #1 enterprise OS to the cloud, allowing customers to run their most demanding enterprise applications in private, hybrid, or public clouds. Oracle Linux brings the latest Linux innovations to market, delivering extreme performance, advanced scalability, and reliability for enterprise applications, and enables lower costs. Oracle VM 3, the latest release of Oracle's x86 server virtualization solution, is suitable for datacenter workloads, enabling companies to move beyond server consolidation and to focus on accelerating and simplifying application deployment and management.
By achieving Oracle Exalogic Optimized status, Oracle recognizes Volante Technologies Inc. for developing, testing and tuning Volante Suite 4.0 on Oracle Exalogic Elastic Cloud. Customers can be confident when selecting Volante Suite 4.0 that it has been tested and tuned to achieve optimal performance, scalability and reliability.
Vijay Oddiraju, CEO, Volante, said “Product scalability in a constantly evolving financial climate can be a key concern for financials services institutions. By carrying out this extensive testing of the creation, validation and transformation of thirty-two international and domestic message standards we have proved that Volante on Oracle Exalogic is capable of addressing scalability and of operating in the most challenging financial services environments. We are proud to be awarded the Oracle accreditation and look forward to collaborating on future Oracle Exalogic-based projects and helping more customers achieve seamless integration whatever their business challenge.”
“Oracle Exastack Optimized recognizes partners who have optimized their solutions on a complete, integrated and cloud-ready infrastructure in order to help them accelerate innovation, unlock new features and functionality, and deliver superior value to users,” said Chris Baker, Senior Vice President, Worldwide ISV and OEM Sales, Oracle. “By achieving Oracle Exalogic Optimized status, Volante Technologies Inc. has demonstrated VOLANTE SUITE 4.0 is tested and tuned to work with Oracle Exalogic Elastic Cloud to help deliver optimum performance, scalability, and reliability to their customers.”
On July 3, 2013, the courts pronounced caveat emptor with respect to execution performance in the FX market. U.S. District Judge Denise Cote threw out a lawsuit, which accused JPMorgan Chase & Co. of breaching a fiduciary duty to custodial clients by charging “hidden and excessive mark-ups” on currency trades. Judge Lewis Kaplan dismissed a lawsuit directed at officials of Bank of New York Mellon, for ignoring “red flags” or knowing that trades were being processed at the worst or near-worst prices of the day.
To read it full, visit the smartTrade page for download here