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MetraTech Demonstrates at SIFMA Expo How Billing Drives Business Model Innovation and Safeguards RevenueWALTHAM, MA, Jun 13, 2011 (MARKETWIRE via COMTEX) -- MetraTech Corp., the leading provider of agreements-based billing and compensation solutions, today announced that it will exhibit at the Securities Industry and Financial Markets Association (SIFMA) Financial Services Technology Leaders Forum and Expo from June 14 to 16, 2011 in New York. MetraTech will demonstrate how its flagship MetraNet product addresses financial services industry concerns, including meeting transparency and audit requirements; bringing complex, multi-party business models to market quickly; providing fast and accurate reconciliation with client systems; addressing revenue leakage; and providing a personalized customer and partner experience. "For financial services institutions, the landscape today is challenging," said Scott Swartz, CEO of MetraTech. "Billing and fee management systems cannot get in the way of monetizing new revenue streams or providing an accurate, auditable and understandable customer and partner experience." This year's SIFMA Expo is focused on how the financial industry can use technology to drive productivity and compliance while adapting to converging markets. To that end, attendees who visit MetraTech in booth #1616 will learn how agreements-based billing can enable their own organizations to overcome the limitations imposed by legacy solutions. MetraNet is built upon the simple principle that billing should fit a customer's solution and not force the solution to fit the billing system. SIFMA attendees and others can also learn about maximizing the value of private cloud investments during a webinar on June 15, 2011 at 4:30 p.m. EDT. The event, jointly hosted by MetraTech and industry analyst firm TowerGroup, will feature a panel of financial services industry experts discussing bundling and billing across all lines of business (internally and externally), extending brand loyalty within the partner eco-system, and examining the similarities and differences between chargebacks and monetization models. To register for the webinar, visit this link. About MetraTech MetraTech Corp. offers an innovative approach to billing, compensation and customer care. We empower organizations to embrace change through a unique agreements-based billing and compensation solution that models and supports fluid, personalized multi-party agreements. We automate business processes and business models to address rapidly changing or complex business strategies. Our products are deployed globally, and our customers use MetraTech to securely collect revenue, compensate partners and manage their customer lifecycle in 12 languages, 28 currencies and 90 countries. Customers include The Depository Trust and Clearing Corporation (DTCC), CETIP, the City of Chicago, Microsoft Online, PGi and OnStream (National Grid). The company is headquartered in Boston, with offices in San Francisco, Munich, Paris, Singapore, Rio de Janeiro and London. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Bessemer Venture Partners, Meritech Capital and Vesbridge Partners. For more information, please visit www.metratech.com. Contact: Cathy Caldeira 617-236-0500 [email protected] SOURCE: MetraTech mailto:[email protected] |
