Volante Technologies and Logica have partnered in North America. In a move to enhance its Swift MT-MX translations, Logica will incorporate Volante's message transformation technology into its Intelligent Gateway.

Logica's Intelligent Gateway is a messaging platform for trade finance, payments, and securities systems. Volante will initially be deployed to transform Swift MT and MX securities and payment messages. Subsequently, Volante will enable format conversions of Swift messages as well as BAI2, eBAM, FpML, and other message types.

"At Logica, we work closely with our technology partners to deliver innovative solutions that offer clients a competitive advantage," said Jeremy Schutte, senior vice president of Logica North America. "Volante adds to our capabilities with their deep expertise in transforming Swift and other messaging formats as well as their speed in bringing the Swift MT-MX translations to market," said Schutte. "This will enable Logica to release updates more quickly to clients in response to regulatory changes and new business requirements. In turn, Logica's Intelligent Gateway clients can accelerate the introduction of new business services for their corporate customers, correspondent banks, and retail customers." 

Logica's messaging and payments solutions process more than $19 trillion (£13 trillion) each day for some of the largest international banks and corporations. Logica is delivering the Intelligent Gateway solution to multiple tier 1 banks for test system environments this year. The solution should go live in 2011.

Volante is a data integration technology that incorporates built-in domain knowledge of financial messaging formats such as Swift, BAI2, ACH, FIX/FAST and XML, as well as proprietary formats. Volante is infrastructure agnostic. Messaging solutions developed using Volante can be seamlessly integrated into a customer's existing middleware, such as J2EE application servers, service oriented architectures or existing applications.