FINANCIAL CLEARING: - Syniverse Technologies

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S Y N I V E R S E F I N A N C I A L C L E A R I N G H O U S E
Syniverse FCH
Features
Eugene Bergen
Henegouwen
Executive VP, EMEA
“Syniverse is now in a
position to serve as that
one-stop shop to
facilitate an operator’s
many bilateral relationships
for both data and
financial clearing.”
• Integrated data and
financial clearing relationships
where operators
are provided with the
convenience and cost
savings associated with
bundled services; they
also benefit from the
critical relationships
needed to ensure data
and reporting integrity
for financial clearing and
settlement
• Ability to combine pay
ments and collections for
other services
• Ability to clear GSM
voice traffic, messaging
(SMS and MMS,
including interworking)
and data (3G, GRPS and
WLAN) transactions
• Data loading and checking
Financial Clearing House
Industry-leading solution
lowers risk, assures revenue
for GSM operators
Without a doubt, the complexity of doing business in today’s global telecommunications
industry is escalating in concert with the world’s exponentially growing number of mobile
subscribers. According to the GSM Association, its 700 mobile operator members across 218 countries
and territories now serve more than 2.5 billion customers. This means an almost unfathomable amount
of mobile traffic must be documented and accounted for each day, hour and minute. And with about
500,000 new GSM connections being made globally every hour, this complexity is only going intensify
for the world’s operators.
Eugene Bergen Henegouwen, executive vice president of Syniverse for EMEA, said he sees no stopping
the accelerating growth being seen in all parts of the globe.
He explained that today’s existing GSM operators have an average of 200 to 300 roaming partners,
and they will continue to add more. Other market growth factors for GSM include the proliferation of
non-voice services, particularly SMS and MMS, and price reductions for users that will lead to increased
traffic.
“The implications are staggering, especially when you think about financial clearing,” he said. “The
financial settlement of multiple roaming agreements is especially complex. Indeed, the GSMA rules
and regulations for invoicing and settlement are multifaceted, and require special expertise, experience
and knowledge of the GSM wireless and banking industries.”
For operators faced with such a daunting task, Syniverse has recently expanded its already wide
offering of industry leading solutions to include full-service financial clearing house (FCH) capabilities
that are available anywhere in the world.
Cont. on page 10
• Receivable invoice generation
and distribution
• IOT discount calculation
and management
• Payable invoice receipt
and reconciliation
• Exception handling and
dispute resolution
• Payable/receivable position
handling
• Banking and settlement
(including foreign exchange
handling)
• Proactive debt collection
• Monthly cycle reporting,
and comprehensive online
tools and analysis
• Overall management of
TAP and RAP files
• Guidance, support and
management of roaming
agreements