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.”