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Connectiva enters catalyst project

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CIOL Bureau
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NEW DELHI, INDIA: Connectiva Systems Inc., a player in revenue and risk management solutions for the telecommunications industry, is participating in a TM Forum facilitated catalyst project at Management World in Nice in May 2009 that will allow it to collaborate with other software vendors to develop leading-edge solutions to cater to service providers’ most pressing requirements and showcase the same in a live demonstration.

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The results will be used to accelerate development of best practices and standards by TM Forum for the telecommunications industry.

The project, that is called, Margin Assurance and Verification would show how service providers can obtain relevant information and use it to forecast, manage and verify margins across their service offerings. Connectiva would work with other vendors on this project for a real-life business challenge posed by Project Champion Swisscom AG, a leading European service provider.

The project would simplify the international dialing rates for Swisscom customers, while retaining a desired profitability, preventing revenue leakage, and optimizing complex pricing schemes and rates.

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Tony Poulos, head of the Revenue Management Sector for TM Forum said,“ The Catalyst program is the TM Forum’s pioneering approach to rapidly launching and creating leading-edge solutions. It is excellent having Connectiva Systems, long recognized in the industry for its innovative solutions, as part of the Catalyst Showcase this year.”

“Catalysts projects enable Service Providers to gain real-world insight in a compressed time period to help guide strategic investment decisions. Our past experience with TM Forum Catalyst Projects has been very positive, and are excited to collaborate with Connectiva Systems”, said Adrian Burkhalter, Revenue Assurance Manager, Swisscom AG.

“We are confident of working together to solve this complex business problem – and look forward to engaging with TM Forum to promote innovative solutions that will maximize profitability for telecom service providers,” said Avi Basu, CEO of Connectiva Systems.

Connectiva Systems is a revenue chain management software company with solutions for telecom operators to improve business performance, productivity and profitability.