FinTech Magazine - April 2023 | Page 59

VOLANTE TECHNOLOGIES
The future of cloud technologies “ In the last three or four years , cloud adoption has become the number one phenomenon . My gut feeling is that , in the next five-to-ten years , there won ' t be any data centres – those are going to be controlled by the banks and the financial institutions , who will all be relying on cloud infrastructure providers and Payments as a Service ( PaaS ) offerings ,” predicts Oddiraju .
Volante Technologies was launched with a low-code platform , purpose-built by its founding team of technologists and software engineers . Later , it moved into cloud-native products . This was all underpinned by the microservices ’ architecture built from the very beginning : modular in design , rather than monolithic like many legacy systems . “ If you want to have a lateral scaling of the application and add new functionality , customers can simply add more modules to the base product without complication . For example , if they want to add real-time payments , it ' s very easy .”

“We constantly evaluate where we stand ; with our cloud-native microservices , for example , you can add functionality very quickly ”

VIJAY ODDIRAJU CEO AND FOUNDER , VOLANTE TECHNOLOGIES fintechmagazine . com 59