Volante Technologies and HCLTech Forge Strategic Alliance to Unlock Financial Innovation

Volante Technologies, a premier global supplier of cloud payments and financial messaging solutions, has entered into a strategic partnership with HCLTech, a leading worldwide technology enterprise. The firms will collaborate to promote payments modernisation, assisting financial organisations to keep up with the fast-paced digital revolution taking place in the industry. 

HCLTech will be combining its digital and engineering services expertise with Volante’s cloud-native payments solutions and low-code financial platform, allowing financial institutions to rapidly deploy solutions for immediate payments, real-time gross settlement (RTGS) payments and domestic and international payment methods. The organisations are also dedicated to developing centers of excellence in India and Romania to support the configuration, customisation, integration and execution of Volante’s ecosystem of business services for payments modernisation.

Srinivasan Seshadri, Chief Growth Officer and Global Head of Financial Services at HCLTech, commented that the collaboration with Volante will enable their customers to operate in a stable, scaleable and adaptable payments environment and improve the time-to-market speed. Jim Chow, Vice President for Partnerships and Business Development at Volante Technologies, expressed that their partnership with HCLTech was extremely promising and that their shared vision of payments would be available to a wider range of customers and financial services organisations. Deepak Gupta, Senior Vice President & Global Head of Payments as a Service and Strategic Partnerships for Volante Technologies, added that the joint centers of excellence would allow them to expand their international presence faster and have access to local know-how and engineering capacities.

At present, HCLTech and Volante Technologies are engaged in multiple implementation projects with some of the largest banks in the world.