Volante Technologies Makes Number of New Senior Sales Appointments

Volante Technologies Inc., a comprehensive provider of software for financial messaging, data, and Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term, has strengthened its sales team with several new appointments, according to a Volante statement.

More specifically, the group has welcomed a total of five new additions, including Rick Salk who joins as its newest Global Head of Sales – moreover, Nihit Ahuja, Ali Mentesh, Vidya Subramaniam, and Peter Martin have also joined Volante as Sales Directors.

In their new respective roles, Ahuja, Mentesh, and Subramaniam will be based out of Volante’s London City office, while Peter will work out of Volante’s office in Dubai. The rapid accretion of its sales team comes amidst a bourgeoning product suite at Volante, including VolPay. Consequently, Volante has opted to expand its sales operations amidst heightened market interest in the VolPay product lineup.

Mr. Salk will join Volante from Misys Banking Systems, having worked as a key member of the sales team for more two decades, including a stint as its Director of North America. In his new role as the Global Head of Sales at Volante, Mr. Salk will be based out of Volante’s Headquarters in Jersey City and be tasked with the oversight of all further development and expansion of Volante’s global sales operations. He will be reporting directly to Vijay Oddiraju, Chief Executive Officer (CEO), Volante Technologies.

According to Mr. Oddiraju, in a recent statement on the appointments: “We are experiencing a clear and growing appetite for our VolPay suite of payment integration and processing products which is reflected in the need to expand our sales team.”

“I have followed Volante for some time now and their experience in the field of financial message integration and processing is abundantly clear to me as market leading. The launch of the VolPay suite in 2015 and understanding how it could positively contribute to the payments industry is a compelling and exciting proposition for me,” added Mr. Salk in an accompanying statement.

Volante Technologies made headlines later last year when it launched its VolPay Hub in a bid to foster real-time settlements. VolPay Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term was engineered with a specific focus towards the enabling of streamlined payments integration and processing capabilities across a variety of asset classes.