NEW YORK, NY--(Marketwire - February 1, 2011) - EMS Financial Services LLC, a leading global funds disbursement and software company for the telecom industry, announced today that Tele-Unity is another key customer leveraging its EMS Escrow to power a global, next-generation telco network. Tele-Unity is the leading independent specialist for fixed-line and mobile call termination with a niche focus on European and African mobile destinations.
Tele-Unity is leveraging EMS Escrow for Telecom as a foundational element for its Telco. Tele-Unity's network extends worldwide to more than 200 countries and 50 million minutes of voice traffic each month. The company specializes in working with incumbent PTTs, Tier-1 carriers, competitive carriers, and mobile operators to meet the needs of both retail and business service providers who connect directly to the end-user.
"When building out our network, our goal was clear: We wanted to develop a premier, next-generation telecommunications network that delivered the highest qualities of toll-class Voice-over-IP (VoIP) services," said David Walsh, Head of Commercial Transactions, Tele-Unity. "To make this happen, we needed a way to ensure partners could conduct secure, reliable and flexible payment transactions -- with little or no risks or costs."
EMS is the market's premier global funds disbursement solution, securing financial transactions between multiple telecom parties with complete security, transaction visibility, while maintaining the confidentiality of network relationships. The solution enables customers such as Tele-Unity to easily set-up, track and manage all telecom trading transactions in real-time -- from anywhere -- leveraging an intuitive on-line portal. Each transaction is set-up as an individual project and all commercial details are clearly defined between each party while funds disbursement is executed in a confidential and secure manner in full compliance with the contract.
Continued Walsh, "By far, EMS Financial Services offers the most 'complete' option we've seen in the market today -- backed by an unprecedented knowledge of the telecom space. Unlike other trading platforms, EMS offers a secure, unbiased and non-conflicting service. By ensuring security of our transactions and removing the risks associated with trades, EMS has helped us focus on our goal of being one of the world's leading niche route aggregators of fixed-to-mobile services."
When looking for a solution, Tele-Unity sought a partner enabling them to realize a dramatic increase in turnover, profitability and overall growth. Leveraging EMS, Tele-Unity has created an efficient and secure environment for buying from partners globally -- without interfering with negotiation, relationships, technical interconnects, or degrading quality of service.
Said Walsh, "We can now offer our suppliers pre-payment for voice minutes without any of the risks associated with direct pre-payment, or any of the expense associated with other trading platforms. In the end, EMS has enabled us to realize cost savings of more than $.002 per minute over that of competitive platforms."
Walsh also states that the neutrality and in-depth sector expertise of EMS is a win-win scenario for Tele-Unity. He continued, "While many financial institutions share their 'neutral' and impartial position, they do not have the same market awareness and understanding specific to wholesale voice traffic. Equally, other trading platforms share their knowledge and understanding but are unable to provide their impartiality and 'neutral' position as EMS Financial Services."
All Tele-Unity member information, contract details, transactional and financial information are highly secured with VeriSign and McAfee Hacker-safe services. EMS utilizes the banking services of FDIC-insured Manufacturers and Traders Trust Bank (M&T), one of the top 20 commercial banks in the United States. This added level of security now enables Tele-Unity to meet and exceed the stringent secure payment terms of new suppliers.
Walsh concluded, "Our relationship with EMS has really been a tremendous boost for our entire business. From satisfying current customers to opening up new opportunities for us in previously unviable markets, our relationship has been directly responsible for a dramatic increase in customer satisfaction and an improved bottom line."
About EMS Financial Services
As a leading global funds disbursement company, and the financial firm the telecom industry trusts, EMS Financial Services LLC was founded in 1999 and secures financial transactions between multiple telecom parties. The company offers complete financial security and transaction visibility while protecting confidential network relationships. EMS delivers proven solutions that help global organizations to reduce costs and mitigate risks associated with VoIP trading.
Founded by pioneers in the Telecom industry, EMS is a global leader in secure telecom trading, escrow, and support services offering next-generation traffic management tools. Set up as an independent third-party entity providing services to meet the escrow and project management needs within the international telecommunications market, EMS provides security for both buyer and seller by holding and managing the funds and funding process ensuring that all parties to the project receive the services contracted. EMS' robust, highly secure portal offers complete transactional visibility while protecting network relationships and funds. Acting as a private vault, the company provides back office functionality, a layer of confidentiality, and safeguards funds by utilizing the banking services of FDIC-insured Manufacturers and Traders Trust Bank (M&T). EMS services include: Route Financing, EMS TrafficNet, and EMS Escrow
For further information on EMS TrafficNet visit http://www.emsfinancialservices.com or contact 877-367-9935.
Contact Information:
Contact:
Jackie Abramian
BridgeView Marketing (for EMS)
207-439-0963
Jackie@bridgeviewmarketing.com