Volante Technologies has introduced its premium Multi-cloud Resiliency Service, designed to maintain seamless payments processing for financial institutions during major cloud provider outages through true cross-cloud failover with zero data loss, eliminating single-cloud dependency and supporting regulatory operational resilience requirements.
Volante Technologies, a global leader in Payments as a Service (PaaS), announced the launch of its Multi-cloud Resiliency Service. This premium offering is engineered to keep financial institutions’ payment operations uninterrupted during significant cloud provider disruptions. Leveraging Volante’s proven cloud-native payments platform, the service delivers genuine cross-cloud continuity, removing reliance on a single cloud provider for the critical payments layer.
Recent large-scale outages at major cloud providers have highlighted the tangible risks of cloud concentration for banks, including delayed or failed transactions, financial penalties, customer attrition, recovery expenses, and reputational harm. Industry estimates place the cost of financial sector outages at over $2 million per hour, with exposure often higher for large and mid-sized institutions—making operational resilience a core business imperative.
“Payments are the lifeblood of the global economy, and downtime is not an option,” said Vijay Oddiraju, CEO at Volante Technologies. “Operational resilience must be engineered and continuously proven, not treated as a document on a shelf.”
The Multi-cloud Resiliency Service provides rapid failover to a secondary cloud environment with minimal disruption and zero data loss. Clients on Volante’s PaaS can opt in at any time with limited configuration adjustments, while Volante manages operational readiness, regular testing, and alignment with global regulatory standards such as DORA and other operational resilience frameworks.
“Cloud concentration risk isn’t theoretical—it’s a direct revenue, reputational, and regulatory issue for financial institutions, and single-provider architectures simply cannot meet resilience expectations as payments become increasingly cloud-native,” said Deepak Gupta, Chief Product, Engineering, and Delivery Officer, Volante Technologies. “Our Multi-cloud Resiliency Service is purpose-built for payments, enabling cross-cloud processing continuity when a primary cloud environment is unavailable, while helping our clients stay ahead of global regulatory demands.”
The service builds upon Volante’s existing SaaS infrastructure, adding robust continuity features while preserving strong security measures. It incorporates data access restrictions, role-based entitlements, encryption for data at rest and in transit, and a comprehensive suite of certifications including PCI DSS 4.0, SOC 1 Type 2 and SOC 2 Type 2, ISO 27001, ISO 27017, ISO 27018, ISO 22301, and ISO 27701.
Volante plans to further evolve the Multi-cloud Resiliency Service with additional cross-cloud functionality, enhanced automation, and predictive analytics to enable more proactive resilience strategies.
About Volante Technologies
Volante Technologies is the trusted cloud payments modernization partner to financial businesses worldwide, giving them the freedom to evolve and innovate at record speed. Real-time native, API enabled, and ISO 20022 fluent, Volante's Payments as a Service and underlying low-code platform process millions of mission-critical transactions and trillions in value daily. Volante’s customers include four of the top five global corporate banks, seven of the top ten U.S. banks, and two of the world’s largest card networks.
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