Press Releases
Press Releases

FTS Supports the Dynamic Russian Billing Market

Herzliya, Israel | June 9, 2014: FTS, a global provider of billing, charging, policy control and payment solutions, today announced that it has seen an interest in its solutions growing steadily in the Russian market over recent months. Particular interest has been seen within the MVNO/MVNE, Machine-to-Machine billing, and payments sectors, which represent significant opportunities. Russian service providers are increasingly seeking BSS solutions that increase revenues while delivering an enhanced customer experience.

These sectors, which are often characterized by complex value chains requiring multi-level revenue sharing and partner support, are now turning to FTS to be a key technology partner to help improve efficiency and profitability. This is achieved by the employment of innovative billing solutions that are easily adapted to a service provider’s unique requirements and growth needs.

“Based on a configurable billing and settlement engine, FTS’ billing solutions – providing multi-dimensional convergence – are ideal for Russian operators interested in expanding into the MVNO and machine-to-machine markets, as well as the realms of ecommerce such as mobile payments, online merchants and digital acquiring,” said Nir Asulin, FTS’ CEO. “Leap™ Billing has proved itself to be a versatile platform that is very suitable for a broad range of pricing and business models within and beyond the telecom sector. Furthermore, FTS provides a complete set of tools empowering service providers to independently manage their operations, with minimal vendor dependency, thereby substantially reducing costs and enhancing time to market.”

As a certified software vendor for the Russian market, FTS has the experience in integrating its applications with local vendors. This includes, for example, integration with network elements and other IT systems. FTS’ solutions are delivered via the cloud or on-premises models and run on a broad range of hardware and on Linux to keep costs to a minimum.

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About FTS
FTS works with telecommunications, content and payment service providers globally to help them manage complex transactions and relationships with greater flexibility and greater independence. Analyzing every transaction from a business standpoint, FTS offers end-to-end and add-on telecom billing, charging, policy control and payments solutions to customers worldwide, and services both growing and major providers. FTS implements solutions, including convergent billing platform installations, in mobile, wireline, broadband, MVNO/E, payments, e-commerce, M2M/IoT, mobile money, cable, cloud and content markets. FTS’ BSS solutions dramatically lower the total cost of ownership (TCO) for telecoms and content service providers. For more information see https://www.fts-soft.com/ and follow FTS on Twitter @FTS_Billing.

For further information please contact:

Joshua PR
Patrick Smith, Tel. +44 077 34 600 553, patrick.smith@joshuapr.com

FTS
Moshe Peterfreund, Tel. +972-9-952-6500, press@fts-soft.com

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