iBasis Goes Live with RateIntegration Advanced Rating Server for Real-time Rating and Margin Reporting
RateIntegration, the leading provider of advanced rating solutions for service providers, has recently told OSS News Review about the selection and successful implementation of its Advanced Rating Server (ARS 3.0) software by iBasis (NASDAQ: IBAS), a leading international long distance carrier and a provider of retail prepaid calling services and enhanced services for mobile operators.
iBasis selected RateIntegration to provide a comprehensive real-time rating and margin analysis solution that leverages iBasis’ existing business support systems. iBasis will use RateIntegration’s ARS 3.0 solution to support customer and partner billing and settlement processes for over 4,000 carrier-customers and vendors throughout the world. In addition, ARS 3.0’s high-performance processing will enable flexible real-time margin reporting and revenue analysis for iBasis’ business analysts.
“We are delighted that iBasis has selected ARS 3.0 to support its wholesale voice customer base,” stated Thomas Thekkethala, CEO of RateIntegration. “iBasis recognizes the strategic importance of acquiring a state-of-the-art solution for real-time billing and margin analysis to meet their very demanding, high-volume processing challenges. ”
“iBasis chose RateIntegration’s ARS 3.0 after a careful review of the other leading solutions in the marketplace,” stated Paul Floyd, Sr. Vice President of Global Products, Network and Systems at iBasis, “The RateIntegration solution stood out as the right solution because of its powerful combination of scaleable processing and proven robustness as a stand-alone system. Further, ARS 3.0’s unique design enabled us to implement quickly, leverage our existing systems and processes, and put in place a system with very low total cost of ownership going forward.”
ARS 3.0 introduces a radically new BSS architecture into the industry that enables extremely flexible pricing and cost computations and that supports the delivery of rated information in real-time for back-end billing, margin reporting, and revenue analysis. The resulting control and insight into the complex dynamics of iBasis’ wholesale business is a powerful competitive advantage for the company.
By deploying RateIntegration’s Advanced Rating Server, iBasis has ensured a robust, scaleable process for real-time rating and reporting on its high volume CDR flow. Having completed a merger with KPN Wholesale in late 2007, iBasis is established as one of the three largest international wholesale voice carriers in the world, carrying approximately 24 billion minutes in 2007. Growth rates in CDRs have exceeded 25% per year and are anticipated to grow at or beyond this pace into the future.
About RateIntegration
RateIntegration offers the industry’s only 3rd generation revenue lifecycle management solutions that enable Telecom, Media, Entertainment and Internet 2.0 services providers world-wide to maximize market share, revenues and profit margins for every service offering, customer agreement and transaction. The Company’s primary solutions include the Modeling Server, the Advanced Rating Server, the Loyalty Manager and the Assurance Server that are based on its flagship PriceMaker engine. PriceMaker solutions have been processing annual revenues of over $15 billion at global Tier I service providers for over eight years. Each of these solutions can be implemented without replacing the existing BSS system, without creating multiple copies of existing data and without on-going IT programming costs and delays. The unique combination of our team’s domain expertise and our 3rd generation products enable us to deliver solutions at the lowest total cost of ownership and the highest ROI in the industry.
About iBasis
Founded in 1996, iBasis (NASDAQ: IBAS) is a leading wholesale carrier of international long distance telephone calls and a provider of retail prepaid calling services and enhanced services for mobile operators. iBasis customers include KPN, KPN Mobile, E-Plus, BASE, and many other large telecommunications carriers such as AT&T, Verizon, Vodafone, China Mobile, China Unicom, IDT, Qwest, Skype, Telecom Italia, Telefonica, and Yahoo. In October 2007, iBasis acquired KPN Global Carrier Services to create one of the three largest carriers of international voice traffic in the world, and KPN became a majority stockholder of iBasis. On a pro forma basis, the combined company carried approximately 24 billion minutes of international voice traffic in 2007. The Company can be reached at its worldwide headquarters in Burlington, Mass., USA at +1 781-505-7500 or on the Internet at www.ibasis.com.