Volante Technologies Strengthens Its Sales Operations With New Hires in Response to Increased Market Interest in VolPay Suite of Products

DUBAI, UNITED ARAB EMIRATES and LONDON, UNITED KINGDOM and MEXICO CITY, MEXICO and NEW YORK, NY--(Marketwired - Jan 19, 2016) - Volante Technologies Inc., a global leader in the provision of software for the integration, processing and orchestration of financial messages and payments, today announced key new sales appointments.

Rick Salk joins Volante as Global Head of Sales. Additionally, Nihit Ahuja, Ali Mentesh, Vidya Subramaniam and Peter Martin join as Sales Directors. Nihit, Ali and Vidya will be based in Volante's London City office while Peter is based in Volante's Dubai office.

2015 saw the launch of the VolPay suite of products designed to enable Volante's customers to benefit from improved business agility in the on-boarding, integration and orchestration of payments processing. Increased market interest in Volante's VolPay suite, has necessitated the need for a significantly enhanced sales operation.

Rick Salk joins from Misys Banking Systems in the US where he was a key member of the sales team for more than twenty years and was most recently, Director North America. At Volante, Rick will be based at Volante's Headquarters in Jersey City and will oversee the further development and expansion of Volante's global sales operations. Rick reports into Vijay Oddiraju, Chief Executive Officer, Volante Technologies.

Nihit Ahuja joins from Fundtech (now D+H), the firm he was with for more than ten years ending his tenure in the role of Senior Sales Manager - UK, Ireland, Middle East and Africa. Ali Mentesh joins from FIS where he was responsible for bringing end-to-end payments solutions and financial supply chain propositions to market. Prior to FIS, Ali was at ACI and Visa. Vidya Subramaniam, also joins with over 15 years of experience in account development in Investment Banking in senior business and account development roles at Syntel and Polaris. Nihit, Ali and Vidya's responsibilities will focus across the UK and European region.

Peter Martin joins Volante from Misys Middle East where he was responsible for account management and new business development. Peter will be focusing on new business development within the Middle East.

Vijay Oddiraju, CEO, Volante Technologies, commented, "We are experiencing a clear and growing appetite for our VolPay suite of payment integration and processing products which is reflected in the need to expand our sales team. The fact that executives of the caliber of Rick, Nihit, Ali, Vidya and Peter are attracted to Volante, I see as testament to the progress we continue to make in the payments space. I look forward to their contribution towards our growth plans in the coming years."

Rick Salk, Global Head of Sales, Volante Technologies, added, "I have followed Volante for some time now and their experience in the field of financial message integration and processing is abundantly clear to me as market leading. The launch of the VolPay suite in 2015 and understanding how it could positively contribute to the payments industry is a compelling and exciting proposition for me. I look forward to developing and growing Volante's global sales operations to enable the market to take full advantage of Volante's products."

About Volante

Founded in 2001, Volante Technologies is a global leader in the provision of software for the integration, validation, processing and orchestration of financial messages and data and payments within financial institutions and corporate enterprises. Volante is dedicated to helping firms manage challenges in this domain with greater ease so that they can focus on the business of being competitive in their marketplace.

Volante serves a growing client base of more than 80 financial institutions and corporate enterprises operating in 26 countries around the world, including several of the largest global financial organizations. Many clients use Volante to assist with multiple product implementations ranging from message transformation and integration, through to the processing and orchestration of transaction data and payments. Along with its products, Volante Designer, VolPay Foundation, VolPay Channel and VolPay Hub, Volante constantly maintains a growing library of over 85 domestic and international financial industry standards plugins. These standards include; SWIFT MT and MX, ISO 8583, FIX, FpML, EDIFACT, ISO 20022, SEPA, BACS and Fedwire, and proprietary formats based on XML, CSV and Fixed Width. Volante's financial message plugins are further augmented by more than 250 prebuilt, customizable, bidirectional transformations to and from these standards.

Supported by offices in Jersey City, London, Dubai, Mexico City, Hyderabad and Chennai, Volante solutions are employed by a diverse set of organizations, including buy-side and sell-side capital market institutions, banks (universal, commercial and retail), corporate treasuries, financial industry utilities, clearing houses, exchanges, systems integrators, application vendors and corporate enterprises. By working with a global and diverse client base Volante is able to encapsulate a best practice approach into all its product lines.

For further information please visit: www.volantetech.com