The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

BSG Launches NRTRDE Solution

11 Sep 2007 14:00

Billing Services Group Limited11 September 2007 NEWS RELEASE Contacts:Julian Walker - Investor RelationsThe Hogarth Partnership+44 (0)20 7357 9477jwalker@hogarthpr.co.uk Erin Brennan GilmoreBlanc & Otus Public Relations+1 512 372 6653ebgilmore@blancandotus.com BSG Launches High Performance Near Real Time Roaming Data Exchange (NRTRDE) Solution avea, Cellcom and Geocell choose BSG to minimize their exposure to roaming-related fraud New Delhi, India - GSM Association BARG/Roamfest Meeting - September 11, 2007 -BSG Clearing Solutions, a subsidiary of Billing Services Group Limited (AIM:BILL), the telecom industry's clearing and settlement provider, today announcedthe launch of its Near Real Time Roaming Data Exchange (NRTRDE) service. BSG'sNRTRDE solution exceeds industry standards by offering processing speeds thatgreatly minimize GSM mobile operators' exposure to roaming-related fraud.Additionally, BSG announced that avea (Turkey), Cellcom (Israel) and Geocell(Georgia) have all selected BSG's new NRTRDE solution. The GSM Association (GSMA) recommends that all GSM mobile operators switch tothe NRTRDE system by October 1, 2008 in order to combat roaming fraud, whichcauses significant revenue loss for mobile operators. NRTRDE provides GSMoperators with continuous data on roaming calls and enables them to improvetheir management of international roaming fraud by closing the "time window" inwhich losses can occur. Current NRTRDE industry reporting standards can expose operators to roamingfraud for up to 36 hours. In contrast, BSG's NRTRDE reporting capability canreduce this window to less than four hours. BSG's NRTRDE service will alsotransfer and validate 90% of call data within 10 minutes of its receipt from aclient and all data within 40 minutes. "With operators aiming to meet new GSMA standards, we developed our NRTRDEsolution to go above and beyond data transfer speeds required by the market,"said Atul Devani, CEO of BSG's wireless division. "The quicker an operator cantransfer call data for roamers on their network to the relevant partneroperator, the shorter the fraud exposure for both operators. We have a number ofclients that have already contracted for this service and are continuing todevelop new tools that allow them to make full use of the incoming NRTRDE datastream for wider fraud detection and billing applications." BSG has been a key player in the development of the GSMA standards for NRTRDEand recognizes the dual challenge that mobile operators face in both fulfillingtheir obligations as a visited operator according to GSMA standards and inanalyzing incoming NRTRDE data for fraud management purposes. Additional services such as the creation of TD.35 records (the GSMA standardformat) from raw operator data will not add to this processing in a way thatthreatens the client's meeting of GSMA standards. The basic NRTRDE serviceprovides an optional service for the creation of TD.35 call records. For theoperator receiving the data (the HPMN), BSG also offers the facility for ratingTD.35 records allowing a real time picture of potential financial loss as wellas the option for conversion into the record format of the HPMN's existing fraudmanagement system. About BSG Clearing Solutions BSG Clearing Solutions is a leading global provider of clearing and settlement,payment services, and financial risk management solutions for communicationsservice providers. The company processes over 20 billion transactions annuallyfor 750 of the world's largest communications companies throughout NorthAmerica, Europe and Asia. With a ubiquitous, scalable platform and an extensiveportfolio of clearinghouse services for fixed-line, wireless, Wi-Fi, andbroadband networks, BSG monetizes network transactions by facilitating thefinancial exchange of its customers' services. BSG meets the needs of today'scomplex network interconnections and anticipates the requirements of convergingtechnologies, allowing for rapid and reliable deployment. BSG Clearing Solutionsis an operating subsidiary of Billing Services Group Limited, which is publiclytraded on the London Stock Exchange (AIM) under the ticker symbol BILL. For moreinformation, visit www.bsgclearing.com. All company or product names are trademarks and/or registered trademarks. ### This information is provided by RNS The company news service from the London Stock Exchange

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.