Following this announcement, the solution was developed in order to enable banks and financial institutions to optimise the manner in which they understand their payments operations, as well as simplify the process of making decisions while enhancing business performance.
In addition, the company will continue to focus on meeting the needs, preferences, and demands of clients and users in an ever-evolving market, while prioritising the process of remaining compliant with the regulatory requirements and laws of the industry as well.
According to the official press release, Volante Payments Intelligence was designed to address the increasing volume and complexity of the payment landscape, driven by the proliferation of real-time payments, the adoption of ISO 20022, and the overall digitisation of payment flows. At the same time, the new solution includes real-time payments data, focusing on the process of offering actionable intelligence that improves the way banks plan, enhance operational efficiency, and accurately track performance.
Volante Payments Intelligence is set to also reduce the time banks spend on manual reporting, as well as allow them to prioritise operational efforts more effectively and securely in order to stay ahead of regulatory demands. With optimised observability, customers will have the possibility to achieve more precise performance tracking, as well as to improve their ability to mitigate risks and adapt to market changes.
In addition, as financial institutions navigate an increasingly regulated environment, Volante Payments Intelligence will offer important tools and features that can be leveraged to support resilience and compliance. The product’s integration into already existing systems, as well as its ease of deployment in private and hybrid cloud environments, or as part of the company’s PaaS offering is expected to ensure that FIs can start seeing results immediately.
Volante plans to continue the development within Payments Intelligence through the addition of advanced dashboards to provide operators, managers, and executives with a more complete view of their overall payments business. Furthermore, by adding exception management, payment controls, and new AI-driven capabilities, financial institutions will have the possibility to monitor and identify market dynamics more effectively.
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