Volante Technologies Inc., a provider of financial data messaging integration, validation and processing tools, reports the appointments of Nadish Lad as head of payments product and Peter McKenna as global marketing director, as well as the addition of new development and testing staff and the opening of new offices, in Jersey City, N.J., and Hyderabad, India, “to accommodate team expansions.”
Lad, who reports to Venkat Malla, head of product management, joins from Ernst & Young, where he was senior manager in the financial services advisory practice, “focused on the development of corporate banking transformation for leading U.K. banks,” according to Volante’s statement.
“With an emphasis on continuing the expansion of Volante’s competencies, Nadish is responsible for Volante’s payments product roadmap,” officials say. Prior to Ernst & Young, Nadish held senior positions as payments lead for business advisory services at Wipro Technologies U.K. and as a vice president at Citi for their global high value payments product in their GTS business. “Prior to that, Nadish spent more than a decade in the check payments industry in similar roles,” officials say.
McKenna, who reports to Vijay Oddiraju, Volante CEO, will “direct and harmonize Volante’s global marketing strategy and operations,” according to the statement. He joins from DST Global Solutions, “where he was responsible for establishing and implementing the firm’s global marketing strategy and operations for its investment management systems division,” according to Volante.
Before DST Global Solutions, McKenna was group marketing director at Temenos and previously held roles with Gissing Software and Misys Asset Management Systems where he performed similar functions, officials say.
Volante’s statement also highlights its 2014 expansion, noting that the company “now serves in excess of 70 clients operating in over 25 countries.” Its products include a “library of pre-built plug-ins covering over 70 international and domestic standards such as SWIFT MT and MX, the FIX protocol, FpML, EDIFACT, ISO 20022, and SEPA, as well as proprietary formats based on XML, CSV and Fixed Width, officials say.
Volante’s solutions mean that “clients can focus on being competitive in their marketplace rather than being distracted by the otherwise important business of ever-changing message standards, regulation and related software technology,” Oddiraju says in the statement. “Recent growth in our business as a result of client and market demand is a testament to the fact that we believe we are on the right track.”
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