OSS News Review

Timely OSS industry news since 2002.

Home MetraTech MetraTech to Supply Billing and Customer Care for Financial Services Infrastructure Provider DTCC

MetraTech to Supply Billing and Customer Care for Financial Services Infrastructure Provider DTCC

Posted on April 14, 2009 Written by oss

The Depository Trust & Clearing Corporation (DTCC) has selected MetraNetâ„¢ 6.0, MetraTech’s innovative billing and customer care product, to support its expanding global portfolio of products and services, MetraTech. For its customers, DTCC services more than $1.88 quadrillion in securities transactions a year, which necessitates the use of highly complex discounting algorithms across equally complex customer account structures.

MetraNet’s Dynamic Business Modeling capabilities will enable DTCC to focus on developing new products and expanding its customer base while achieving clear auditability across both new and existing offerings. MetraNet 6 will facilitate DTCC’s delivery of world-class customer care by providing customers with timely and concise account summary information with the ability to easily drill into granular detail. DTCC’s customers will also be able to configure and manage account data according to their own preferences and export it to a spreadsheet for further analysis. MetraNet will also help DTCC meet cost-saving, “green” objectives, by reducing the need for DTCC to produce paper invoices.

“As DTCC expands its product line, client base and geographic reach to serve our customers’ needs, we need the technological tools to support our business objectives in an efficient, auditable and cost-effective way,” said Anthony Savarese, Managing Director, Finance, for DTCC. “We believe MetraNetâ„¢ 6.0 will give us the flexibility and speed to adapt our billing, customer care and reporting capabilities to the evolving market demand.”

“As one of the world’s leading financial services infrastructure providers, DTCC handles extremely high-volume and complex transactions for a growing global base of customers,” said Scott Swartz, Chief Executive Officer, MetraTech Corp. “We are delighted to help DTCC increase the efficiency and automation of workflows for existing offerings as well as quickly expand into new markets.”

About MetraTech
MetraTech Corp. offers a new approach to charging, billing, settlement and customer care enabling organizations to embrace change without compromise. MetraNet, our flagship product, is unique in its ability to automate business processes and business models that address rapidly changing, complex or radical business strategies across any industry for an unlimited number of services. MetraNet is deployed globally, enabling diverse customers to build innovative and successful business models, securely collect revenue, and manage their entire customer lifecycle in some 12 languages, 26 currencies and 90 countries. MetraTech offers a variety of delivery options ranging from licensing to outsourcing. Headquartered in Boston, MetraTech has offices in San Francisco, Dusseldorf, Paris, Singapore, Rio de Janeiro and London. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Bessemer Venture Partners, Meritech Capital, and Vesbridge Partners. For more information, please visit (http://www.MetraTech.com/).

About DTCC
The Depository Trust & Clearing Corporation (DTCC), through its subsidiaries, provides clearance, settlement and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, money market instruments and over-the-counter derivatives. In addition, DTCC is a leading processor of mutual funds and insurance transactions, linking funds and carriers with financial firms and third parties who market these products. DTCC’s depository provides custody and asset servicing for more than 3.5 million securities issues from the United States and 117 other countries and territories, valued at $27.6 trillion. In 2008, DTCC settled more than $1.88 quadrillion in securities transactions. DTCC has operating facilities in multiple locations in the United States and overseas.

Filed Under: MetraTech

  • OSS Companies
  • Telecom Audit
  • Telecom Consultants
  • Telecom Dictionary

Categories

  • 3GSM World Congress
  • Ace-Comm
  • Adivent
  • Aepona
  • Alcatel-Lucent
  • Allround
  • Amdocs
  • Aperto Networks
  • Argent Networks
  • ASC Telecom
  • Astellia
  • Avotus
  • Axiom Systems
  • Azure Solutions
  • BEA Systems
  • Berg Insight
  • Billing and Customer Care
  • Billing and OSS World Conference
  • BSG Clearing Solutions
  • C-COR
  • Call Detail Records
  • CAPE Technologies
  • Carrier Access Billing
  • Centina Systems
  • Cerillion Technologies
  • Clarity
  • Clarity International
  • Comarch
  • Comptel
  • Comptel Corporation
  • Comverse
  • Comviva Technologies
  • Conference Bridges
  • Convergent Billing
  • Convergent Mediation
  • Convergys
  • Cramer
  • CSG Systems International
  • CustomCall Data Systems
  • cVidya
  • Cypress Communications
  • Dimetis
  • ECtel
  • Elitecore Technologies
  • Equinox Information Systems
  • Ericsson
  • eServGlobal
  • ESKADENIA Software
  • ETI Software
  • Evolving Systems
  • First Hop
  • Formula Telecom Solutions
  • Frost and Sullivan
  • FTS
  • HickoryTech
  • HighDeal
  • HP
  • Info Directions, Inc.
  • Intec Billing
  • Interconnect Billing
  • IntraISP
  • IPTV
  • JacobsRimell
  • LHS
  • Martin Group
  • MaxBill
  • Megasoft
  • MetaSolv
  • MetraTech
  • MVNO
  • NetCracker
  • NetMotion Wireless
  • Neural Technologies
  • Openet
  • Openet Telecom
  • Operax
  • Oracle
  • Orga Systems
  • OSS Conferences
  • OSS Jobs
  • OSS Visibility Index
  • OSS/J
  • Other Telecoms
  • Plantronics
  • Portal Software
  • Pricing and Rating
  • RateIntegration
  • Redknee
  • Revenue Assurance
  • Roaming
  • Seeker Wireless
  • Service Assurance
  • Service Fulfillment
  • Sicap
  • Sigma Systems
  • Skyline Communications
  • Sonus Networks, Inc.
  • Subex
  • SunTec
  • Syndesis
  • Tango Telecom
  • Tata Communications Ltd.
  • Telarix
  • Telcordia
  • Telecom Cost Management
  • Telecom Fraud
  • TeleManagement Forum
  • Telephone Headsets
  • TeleSciences
  • TeleStrategies
  • Telrad Networks
  • TEOCO
  • Theta Networks
  • TM Forum
  • Traffix
  • Tribold
  • TTI Telecom International Ltd.
  • Veramark Technologies
  • Vibrant Solutions
  • Vodafone
  • VOIP Billing
  • VoluBill
  • VOSS Solutions
  • WeDo Technologies
  • WiMAX Forum

Our Partners

Portal of Dallas

Auto News Review
Health Plan News
Rose Bushes
SatelliteDish.Net
I Go Cars

Bad School Photos
Canonical Tag
Check A Domain

Idaho Resorts
iWannaBeFamous
Mabank Online
Stockyards
TravelXL

OSS Industry

  • About Us
  • Advertise Here
  • Call Detail Record
  • Contact Us
  • Disclaimer
  • Operational Support Systems
  • Privacy Policy
  • Terms of Use
  • Write For Us




    OSS Companies
  • ACE*Comm
  • Amdocs
  • Avotus Corporation
  • Convergys
  • cVidya
  • MaxBill


Copyright © 2025 · Focus Pro Theme On Genesis Framework · WordPress · Log in