Tritex Solutions & Nextgen Clearing Ink a Co-Lab Agreement
- Tritex Solutions and Nextgen Clearing launch strategic partnership.
- The collaboration allows Tritex & Nextgen to jointly offer end to end roaming solutions to the Global Mobile Network Operator community.
London, 25 February 2020 – Tritex Solutions Limited an innovative start-up and Nextgen Clearing Limited, one of the top Data Clearing; Financial Clearing and Data Analytics suppliers to the Global GSM Mobile Network Operator community have agreed to work together on delivering end to end solutions to Mobile Operators across the world.
The partnership brings great benefits to Mobile Operators globally in the joint delivery of the company’s complimentary product portfolios, by offering an integrated, automated end to end solution.
Tritex’s innovative digitised wholesale roaming trading, contract execution & billing instruction platform provides Mobile Operators across the world the ability to trade electronically with each other, execute contracts through a transparent workflow at speed and implement rates in billing systems at a click of a button. The current industry practice of sending traffic based on a handshake is unsustainable in a market worth many billions of dollars in counterparty risk each year.
Duncan Gardiner, Co-Founder of Tritex Solutions, said: “We are delighted to enter into a strategic partnership with Nextgen, which will give Tritex and Nextgen access to each other’s distribution channels.”
Bhavin Patel, Co-Founder of Tritex Solutions said: “Nextgen & Tritex products are complimentary & together provide an almost end to end automation of the wholesale roaming trading process – from electronic trade, contract workflow to deal execution and post deal Data & Financial Clearing, with real time analytics and decision support software.”
Mike Sheehy, CEO of Nextgen said: We are delighted to agree this strategic partnership with Tritex Solutions. At Nextgen we pride ourselves on being forward thinking, with a strong focus on innovation and automation in serving both our customers and the wider industry. The Nextgen partnership with Tritex offers a first to market fully integrated solution that we believe is an industry gamechanger.
Media contact for Tritex Solutions
Media contact for Nextgen Clearing
About Tritex Solutions
Tritex Solutions is a start-up with expertise in Financial Markets Trading Technologies; Telco Wholesale Roaming & Carrier Markets Trading and contract execution.
Through the innovative application of its’ expertise Tritex is digitising the Trading processes of the Telco wholesale market – a multi-billion dollar global market that needs modernisation in order to de-risk the current time consuming “analogue” trading processes prevalent throughout the industry today and future trading requirements of Roaming; M-IoT NB-IoT and 5G network slices.
For more information, please visit www.tritexsolutions.com
About Nextgen Clearing Ltd
Nextgen Clearing offers roaming services to more than 110 mobile operators around the world. Nextgen Clearing was founded by a highly experienced team drawn from the mobile roaming and financial services industries.
The key services Nextgen Clearing provides are; Data Clearing, Financial Clearing, Fusion (Financial Clearing & IOT Discount Management), Fraud Protection, Data Visualisation (INSIGHT) and Roaming Traffic Identification & Settlement (RTIS).
The full suite of Nextgen’s products is used by many leading T1 operators. Nextgen Clearing’s holistic approach to clearing services provides a seamless end-to-end process for our customers.
For more information, please visit www.nextgenclearing.com