Proven, reliable and innovative clearing capabilities Syniverse Financial Clearing and Settlement Services The pressure on roaming teams has never been higher. Downward pressure on retail prices, the need to contain costs to support LTE deployment, the ever-increasing number of wholesale partners, and the growing list of roaming agreements to maintain mean you are likely faced with complexities and resource demands when clearing roaming with your partners. To overcome these challenges, you need fast, secure and controlled financial clearing and settlement capabilities so you can dedicate your resources to your core roaming business. Syniverse Financial Clearing and Settlement Services provide innovative, highly reliable clearing services that enable settlement by processing each transaction in a controlled, reliable and consistent manner. The solution leverages best practices of the financial industry to give you these benefits: More control - Exception management logic provides consistent, controlled decision making More reliability - Best practices and state-of-the-art workflow tools deliver enhanced operational excellence More efficiency - Automation increases the speed and consistency of transaction processing More predictability - Unique Multilateral Settlement Pool provides greater visibility and significantly reduces credit and debit exposure. 1
With 25-plus years of experience in the GSM and CDMA wireless industries, Syniverse has the knowledge and expertise to help you handle all your financial clearing, settlement and payment needs. Syniverse helps approximately 70 percent of the outsourced clearing and settlement market to clear upward of $18 billion a year. Benefits Syniverse Financial Clearing and Settlement Services enable you to better safeguard the subscriber experience, expand revenue, and contain costs through reduced risk exposure and revenue leakage, the ability to deal with multiple currencies, and improved funding and cash flow. Additional benefits include the following: Increased Efficiency through Streamlined Operations Improves debt management through debt collection, allocation of funds, and a clear audit trail Offers faster, more controlled transaction settlement and outstanding debt resolution Uses state-of-the-art workflow tools, exception management logic and systematic transaction processing for enhanced operational excellence Reduces costs by eliminating banking fees Provides the members of Syniverse s unique Multilateral Settlement Pool the benefit of reduced funding requirements the Multilateral Settlement Pool settles a greater amount of transactions on time, every time within the billing cycle Advanced Automation Reduces human dependency through automation, which increases certainty and transparency for customers, offers higher service quality and lowers error rates Provides faster cash allocation, with 80 percent of receivable positions being applied to outstanding receivables automatically Delivers faster settlement and fewer missing payable invoices, with 95 percent of payable invoices being reconciled automatically in near-real time 2
Expertise and Resources Multilingual staff offering both in-region support and global coverage Deep experience in the financial clearing and settlement industry to ensure operational excellence Extensive experience in banking and foreign exchange SSAE16-, ISAE3407-, ISAE3402-, and ISO9001-compliant supplier for financial clearing services Integrated Data and Financial Clearing Relationships Employ both Syniverse data and financial clearing solutions for a convenient, cost-efficient integrated clearing relationship. Eliminating the need for a third party ensures a streamlined service and clearing efficiencies. Features Near-real-time business-process monitoring and automated transaction processing for invoice handling, payable invoice reconciliation and cash allocation Guidance, support and management of roaming agreements annexes associated with financial settlement Compliance with GSM Association rules and regulations for invoicing and settlement Clearing for GSM and CDMA voice traffic and interworking (SMS and MMS and data (WLAN)) transactions Process transparency and transaction efficiency Sophisticated document handling solution for automatic extraction, passing and storing of client roaming invoices, payment notification and credit or debit note data Capability for client viewing of scanned document images through Syniverse online portal Proactive management, alerting, transaction reporting, cash management, and appropriate controls on payment release process Optimal operational flow, allowing users to have a consistent system-led approach to financial clearing transaction processing 3
In addition to the core Syniverse Financial Clearing and Settlement features, Syniverse offers the following capabilities. Workflow Tool Implementation Automated Payable Invoice Handling Automated Payable Reconciliation Automated Cash Allocation Online Reporting Multilateral Settlement Pool CDMA Settlement IOT Discount Service Multi-Network Invoicing First in the market to implement an innovative business process management application to enhance the entire process, from start to finish. Consistent and reliable invoice handling means fewer missing invoices and more transparency for customers Syniverse generates and distributes approximately 152,000 invoices a month, which are captured and reconciled automatically. Approaches 100 percent in-cycle reconciliation. Cash is quickly and consistently allocated, reducing allocation times from weeks to days. Full suite of online clearing and settlement reports. Dynamic real-time reporting provides up-to-the-minute analytics. An exclusive settlement club whose members pay on time, every time, for the mutual benefit of both payers and receivers. The Multilateral Settlement Pool (MLSP) is based on a settlement methodology that uses the same logic and calculation rules as bilateral settlement. However, it exists only among MLSP participants. The objective of MLSP is to create an efficient form of settlement that allows each participant to offset funds that are due to be received against funds that are due to be paid, reducing any funding requirement. In a global market that is increasingly seeking to automate the settlement of roaming cash transactions, operators have a wide range of needs for net and non-net settlement processing. Syniverse meets these needs, serving as a secure single-source suite of financial services uniquely developed for CDMA operators worldwide. Supported by Syniverse s ACCESS data clearing house, the services offered include Financial Net Settlement, Invoice and Accounting, and Managed Invoice and Accounting. Our optional interoperator tariff (IOT) discounting service effectively manages IOT discounting between mobile operators, simplifying the increasingly complex IOT discount programs found in the roaming marketplace. The IOT discount service removes the problems and costs of internal billing development and allows international roaming managers to negotiate innovative discounting programs. This optional feature groups together Transferred Account Data Interchange Group (TADIG) codes at the receivable side to consolidate multiple positions into single roaming traffic invoice. It addresses the needs of operators that are connecting to hubs. Flexible invoicing from Syniverse delivers further choice, flexibility and efficiency to fully support the evolving financial clearing needs of operators. 4
How It Works Invoice capturing and processing Reconciliation Adjustments Invoice FX Invoice generation and distribution Settlement Collections Reporting Get Started Today! Syniverse is a global mobile solutions specialist that connects more than 1,500 mobile service providers and consumer companies in nearly 200 countries. We specialize in enabling the world s mobile users to connect with each other regardless of device, network or location. Our advanced cloud-based solutions deliver superior user experiences through always-on services and real-time engagement. For more than 25 years, we have been simplifying complexity to deliver the promise of mobility a simple, interoperable experience, anytime, anywhere. Contact us today for more information or visit www.syniverse.com to learn more. 2015 Syniverse Technologies, LLC. All rights reserved under U.S. and international copyright laws. Rev. 06-15 5