Volante Technologies Introduces a Low-Code Workspace for Banks
Volante Technologies, a leader in the fintech industry, has unveiled a new product designed to revolutionize the banking sector. The company has launched Volante Low-code Studio, a low-code/no-code workspace that aims to assist banks in creating, rolling out, and maintaining payment workflows. This innovative tool sits within Volante’s renowned cloud-native Payments Platform and provides pre-built functions and extendable design patterns to support efforts towards payments modernization and improve cost efficiency.
A Visual, Configuration-Led Approach to Banking Workflows
Low-code Studio utilizes a visual, configuration-led approach aimed at both technical and non-technical users. This inclusive tool includes an editor and reusable templates that teams can use to map workflows, adjust interfaces, set up business functions, and handle reference data. The design of the product ensures that humans remain in the loop for oversight and control, making it a unique blend of technology and human intervention.
One of the major advantages of Low-code Studio is that it does not require extra infrastructure or complicated integration beyond the existing Volante platform. This feature allows institutions to implement new payment features quickly, thus reducing overall costs and shortening delivery schedules. Banks can extend work across internal teams and system integration partners while maintaining consistency, compliance, and performance within their existing Volante set-ups.
Transforming the Banking Industry
Volante Technologies Chief Product, Engineering, and Delivery Officer, Deepak Gupta, expressed his excitement about the launch. He emphasized that banks have traditionally faced a trade-off between buying rigid vendor solutions or building costly custom systems. However, with the advent of Low-code Studio, financial institutions no longer have to choose between speed and control. They can now enjoy both benefits.
“By combining the agility of low-code with the proven strength of Volante’s platform, banks can now ‘Buy-and-Extend,’ launching new services in weeks, not months, while maintaining resilience, scalability, and compliance,” Gupta said.
Volante Technologies’ innovative product is indeed a game-changer in the banking industry. The Low-code Studio, with its agility and robustness, is set to redefine banking workflows, making them more efficient, cost-effective, and user-friendly.
For more information, please visit here.
