Release of latest version of flagship product set

RNS Number : 0939E

Cerillion PLC

26 October 2022

 

AIM: CER

 Cerillion plc

("Cerillion" or "the Company")

Launch of Cerillion 22.2

Cerillion, the billing, charging and customer relationship management software solutions provider, is pleased to announce the release of Cerillion 22.2, the latest version of its flagship product suite, predominantly used by telecommunications companies.

This new release features in particular a major upgrade of the 'Wholesale Gateway' module, which supports the automation of the wholesale operations of network operators ("NetCos"). The upgraded module speeds up the on-boarding process of NetCos' new service provider partners ("ServCos"). It also simplifies the integration of business support systems between NetCos and ServCos, whilst providing a high level of security for NetCos through a dedicated authorisation layer and comprehensive API (application programming interfaces) management policies.

The upgraded module builds on the Company's long-established experience in providing business support systems/operations support systems solutions ("BSS/OSS") to both wholesale and retail Communications Service Providers ("CSPs"). It comes at a time when CSPs are increasingly separating the functions of network operations and service provision into two distinct business entities. Investor interest is also supporting this structural separation.

Cerillion 22.2 also introduces further flexibility for CSPs to tailor the product to their individual requirements. Custom fields and page layouts can now be adapted with an intuitive drag-and-drop page editor. This allows system administrators to make adaptations quickly and easily, without the need for code changes, while still benefitting from all the commercial and operational advantages of using a SaaS product.

Louis Hall, CEO of Cerillion, commented:

"We are pleased to have launched Cerillion 22.2, the latest version of our pre-integrated software suite. Cerillion 22.2 further supports the major shift in the marketplace whereby communication services providers are separating network operations and service provision into two separate business entities.

"While structural separation has been around in some markets for the best part of twenty years, this fundamental change is now being driven by investors rather than regulators.

"Our technology addresses the needs of both network operators and service providers - whether large or small-scale - putting Cerillion right at the forefront of this new wave of opportunities."

Cerillion plc	c/o KTZ Communications
Louis Hall, CEO	T: 020 3178 6378
Andrew Dickson, CFO
KTZ Communications	T: 020 3178 6378
Katie Tzouliadis, Dan Mahoney

About Cerillion

www.cerillion.com

Cerillion is a leading provider of mission critical software for billing, charging and customer relationship management ("CRM"), mainly serving the telecommunications market but also other sectors such as utilities and financial services. The Company currently has c.80 customer installations across c.44 countries. Headquartered in London, Cerillion also has operations in India, where its Global Solutions Centre is located, Australia and Bulgaria.

 

END

 

 

NRABKPBBOBDDAKB