About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

London Stock Exchange Picks Volante Designer for Swift Message Integration into UnaVista

Subscribe to our newsletter

The London Stock Exchange (LSE) has selected Volante Designer for the integration of Swift messaging into its UnaVista engine. According to Mark Husler, head of business development for UnaVista, the integration of Volante will enable LSE to automate the processing of Swift message standards and thus reduce project implementation timescales and associated costs.

LSE moved its centralised reference and financial data management solution, Sedol Masterfile, onto UnaVista in September last year and it has since been engaged in developing further enhancements to the global matching, reconciliation, data integration and validation platform. Accordingly, this deal with Volante will enable UnaVista customers to transmit transaction data to UnaVista in Swift messages for matching, reconciliation and other data management services.

Husler explains the benefits for LSE and its customers: “Data transmission through Swift messaging is an important option for our customers and will enable more firms to participate in UnaVista. Typical UnaVista client requirements include the processing of Swift messages such as MT940/950 for cash and stock reconciliations and MT515 messages for trade confirmation matching. The integration of Volante enables us to automate the processing of these types of message standards, which helps to reduce project implementation timescales and the associated costs.”

The exchange selected Volante following an evaluation of several integration vendors, because is was looking for a solution with out of the box support for Swift and other types of messaging standards with no need to change its system architecture or add new infrastructure, adds Husler.

“We believe that this will make an important contribution to both our post-trade matching utility and our cash and stock reconciliation solutions. As a web-based, exchange hosted solution, which eliminates the need to install expensive hardware and infrastructure, flexibility remains one of the UnaVista’s competitive advantages, and one which we are always looking to develop further,” he continues.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Approaches to ESG data for the Sustainable Finance Disclosure Regulation (SFDR)

The EU Sustainable Finance Disclosure Regulation (SFDR) outlines extensive rules designed to ensure transparency across sustainable financial markets. It also demands huge volumes of non-financial ESG data to be sourced, managed and governed, some of which is difficult to find, and much of which is unstructured and of variable quality. The data challenge is exacerbated...

BLOG

Business Identity in the Digital Economy: A Global Problem Needs a Global Solution

By Stephan Wolf, CEO of the Global LEI Foundation. Businesses today face significant pressure to go digital. Government and private sector organisations around the world are racing to digitise processes, products, and services – even national currencies – to remove friction, save money, streamline operations, and improve user experiences. Despite the tremendous benefits it delivers,...

EVENT

A-Team Briefing: Cloud Innovation for Data Ops

This Innovation Briefing will explore approaches to data infrastructure transformation, technologies required and how to make sure processes are optimised to support real time data management. Hear from leading practitioners and innovative technology solution providers who will share insight into how to set up and leverage your data infrastructure to provide user access to consistent data and analytics, and companies the ability to monetise their data.

GUIDE

Valuations – Toward On-Demand Evaluated Pricing

Risk and regulatory imperatives are demanding access to the latest portfolio information, placing new pressures on the pricing and valuation function. And the front office increasingly wants up-to-date valuations of hard-to-price securities. These developments are driving a push toward on-demand evaluated pricing capabilities, with pricing teams seeking to provide access to valuations at higher frequency...