Trivandrum, India, May 22, 2013 (GLOBE NEWSWIRE) -- SunTec, the pioneers of relationship-based pricing, announced the launch of Xelerate, its revenue management and business assurance product suite. Xelerate, a next-generation evolution of SunTec's award-winning TBMS product suite, empowers providers of financial, communications and digital servicesto create real-time personalized offerings tailored to customers.
Built on a highly scalable platform with technology-agnostic and bottom-up service-oriented architecture, Xelerate enables service providers to combine large volumes of customer and product performance data, including live profitability views, to make decisions in real-time that can enrich the customer experience. For example, Xelerate enables the instant delivery of flexible, personalised offerings and bundles, underpinned by business assurance and complex revenue management and flexible settlement needs of organizations.
"Digitization, together with the convergence of the finance and communications sectors, is enabling new and disruptive business models," said Nanda Kumar, President and CEO of SunTec Business Solutions. "Designed for a real-time world where trust, quality of service and transparency are key, Xelerate enables our customers to deliver a personalized and compelling customer experience."
Able to aggregate, enrich and process high volumes of both billing and non-billing data from multiple sources, Xelerate is the only real-time software suite of its kind. It provides a highly-functional, scalable, flexible and end-to-end business solution. The platform written completely in Java is hardware and database-agnostic including support for non SQL-based databases.
For banks and other financial institutions, Xelerate provides a unified, real-time platform capable of supporting the swift deployment of robust new services. It also supports complex negotiated pricing, enhanced risk management strategies, regulatory compliance and full transparency.
For cable companies and digital service providers, Xelerate's policy management engine supports convergent charging and billing, real time data collection, processing and analytics and fair usage objectives. It can also support cloud billing, revenue sharing and partner management.
SunTec, a leading provider of revenue management and business assurance solutions, enables enterprises across the globe to maximize customer relationship profitability. Trusted by world's leading banks and communication service providers in over 50 countries, SunTec's key client partners include global enterprises like HSBC, ICICI, ING, DBS, Standard Bank, Commerzbank, CableOne, Bakrie Telecom and KPN.
Recipient of international awards, such as the Red Herring Global 100 for innovation and Deloitte Technology Fastest 50 for accelerated growth, SunTec has a global presence spanning operations in North America, Europe, Africa, Middle East and Asia Pacific.
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Source:SunTec Business Solutions Ltd.