Fareham, UK: 20 May, 2015; CoralTree, a leading provider of convergent business support systems (BSS), announces its daVinci Revenue Management solution has been awarded conformance certification for TM Forum's Frameworx™ 14.0 Business Process (eTOM) and Information (SID) Frameworks.
CoralTree's daVinci Revenue Management solution provides Communication Service Providers (CSPs) with a scalable and robust rating and billing capability. daVinci enables CSPs to have the flexibility to offer, provide, bill, and manage any type of service. CoralTree's customer-centric approach helped achieve a high-level of Frameworx conformance.
TM Forum Frameworx is a suite of best practises and standards that provides the blueprint for effective, efficient business operations. It enables service providers and enterprises to assess and optimise performance using a proven, service-oriented approach to operations and integration. The practical tools available in TM Forum Frameworx help improve end-to-end management of services across complex, multi-partner environments. Frameworx has been widely adopted and proven to significantly improve agility in IT and operations, resulting in increased margins, lower costs, and optimal customer experience.
"I would like to congratulate CoralTree on achieving TM Forum Frameworx certification, which reflects the company's commitment to industry standards and interoperability," said Nik Willetts, chief digital officer, TM Forum. "As technologies become more complex, this type of commitment from vendors is essential to supporting the business processes and operations of leading service providers and enterprises."
daVinci Revenue Management solution received TM Forum's Frameworx 14.0 conformance certification in May 2015. Certification was granted, based on an independent detailed assessment by TM Forum Subject Matter Experts, of conformance to 30 Level 3 Business Process Framework (eTOM) standardised processes and 13 SID Aggregated Business Entities covering product and customer domains of the Information Framework.
"TM Forum is a highly respected global industry association, of which we are proud to be members. Achieving certification to TM Forum Frameworx 14.0 demonstrates our commitment to providing our customers with standards-based, cost effective BSS solutions, which enable the rapid introduction of digital service offerings, whilst maximising operational efficiency," said Mark Price, Director, CoralTree.
daVinci Revenue Management solution provides scalable and robust real-time rating and billing capabilities. The multi-service, customer-centric solution has the flexibility to bill and manage any type of service. CSPs are able to bring creative offerings to the market, with the confidence that revenue streams are assured with high performance billing, accounts receivable, business defined collections workflow, and payment processing.
For more information on CoralTree's daVinci portfolio. Visit: www.coraltreesystems.com