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Goldman Sachs launches transaction banking service with Volante

September 24, 2020

Volante’s VolPay system sits at the core of the new Goldman system. It covers end-to-end processing of domestic and international payments.

This includes foreign exchange, US wires, ACH, Swift cross-border payments, and other payment rails.

Goldman’s new system, described by Volante as an industry first, claims to be “nimble, secure, and easy” for corporate clients. Volante has become a client of the platform.

Luc Teboul, managing director and engineering lead for Goldman Sachs, says it needed “both cutting-edge functionality and the agility to meet ambitious targets.”

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