Azqore, a business and technology partner for wealth managers, has selected Volante’s Payments as a Service (PaaS) to deliver SEPA instant payments and ISO 20022 messaging services to its customer base.

The companies began working together when Azqore selected Volante’s low-code ISO 20022 service to accelerate its ISO 20022 implementation program across multiple countries and banks.

The companies say the PaaS announcement is a significant step forward in Azqore’s payments modernization strategy.

Anders Ohrnemen, Head of IT Post-Trade and Operations at Azqore, says: “As customer demands continue to evolve, it is critical that financial institutions of all types have the solutions they need to remain competitive, especially as we see an increase in the pace of regulatory change.”

Deepak Gupta, EVP product, engineering and services at Volante Technologies, commented: “Our track record of delivering innovation via PaaS, combined with Azqore’s experience and extensive reach, paves the way for financial firms to reap the benefits of new services such as instant payments and ISO 20022 messaging.”