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Company: Valista, Wicklow, Ireland
Company Description: Valista is the global leader in multi-channel payments and offer management software. The company enables wireless, fixed line operators, ISPs, and enterprises to facilitate new ways to purchase and multiple payment choices for digital content, goods and services. Valista’s technology has been across four continents with customers collectively recording over 1 billion transactions in 2004.
Nomination Category: Company, Office & Product Awards Categories
Nomination Sub Category: Most Innovative Company
Nomination Title: Valista
1. Tell the story about what this nominated company achieved in the past year (up to 500 words). Focus on specific accomplishments, and relate these accomplishments to past performance or industry norms. Be sure to mention obstacles overcome, innovations or discoveries made, and outcomes:
Valista® has been in business since 1999 and has clients on nearly every continent. Valista’s target market is primarily wireless carriers and ISPs and
is currently processing over 20 million payment transactions per month through its platform with such leading innovators as America Online, Sprint, GTECH, NTT DoCoMo, 3, France Telecom, Vodafone, Orange, Telcel, Orascom, Mobilink, Hong Kong CSL etc. In the past year, Valista’s technology has become the most deployed payments technology in the world in terms of global presence – from Asia and Japan, to America and Europe. In addition to its headquarters in Ireland, Valista has offices in Tokyo, Singapore, Sri Lanka, France, Germany, Brazil, and San Mateo, CA (USA).
Valista is a market leader with the most robust, innovative and most comprehensive offering in its field and has developed its product suite to fully support the off-portal content opportunity. Valista offers advanced products for content bundling, promotions and payment lifecycle management.
The Valista PaymentsPlus™ solution supports all facets of the payment transaction lifecycle for both on and off-portal content and services – from
transaction initiation, through to settlements and revenue sharing and including post purchase care for all participants involved in a transaction. Valista RSE™ is designed to manage the advanced settlement requirements in financial networks and third party service offerings. The Valista Revenue
Settlement Engine (RSE) manages the settlement relationships between all participants in a payment network and provides service operators with the
financial information required to settle with partners involved in a transaction. The Valista OffersPlus™ merchandizing software empowers carriers to create powerful and compelling product bundles, promotions and complex discounting schemes for the sale of digital content and physical goods.
Valista has a number of key differentiators over the competition:
Strongest product offering in the market Valista PaymentsPlus is a mature product in development since 1999 and adapted through customer deployment experience and visibility on market requirements.
Technically superior
Scalability
Proprietary community clustering architecture provides cost savings and increased scalability versus the obvious solution of using the clustering
capabilities of the underlying application server.
Extensibility
Valista PaymentsPlus’s extensible schema means any personal data can be stored for the user and the product can be extended to support new applications.
Strength of engineering team
The core technical team has worked together for over fifteen years (including previous ventures) and has a vast accumulated knowledge and success in
building and deploying telecom grade communication software products.
Strategic Customer Wins
Securing blue chip customers has given Valista a tremendous lead on other payment platform vendors seeking to understand the customer requirements for these platforms well into the future. Both collaborative road mapping and networking worldwide with the NTT DoCoMo and 3 associated companies is a distinguishing competitive attribute that Valista owns over all other market contenders.
Research & Development Centers
As a cost-effective and valuable resource, Valista set up its own R&D center in Sri Lanka which allows the company to scale the business internationally and support customers acquired.
2. List hyperlinks to any online news stories, press releases, or other documents that support the claims made in the section above. IMPORTANT: Begin each link with http://, and enclose each link in square brackets; for example, http://www.youraddress.com:
International Herald Tribune:
http://www.valista.com/news/article.php?article=256
Les Echos:
http://www.valista.com/news/article.php?article=260
RTE:
http://www.valista.com/news/article.php?article=258
3GSM Show Daily:
http://www.valista.com/news/article.php?article=259
Telecom TV:
http://www.valista.com/news/article.php?article=251
Stream Magazine:
http://www.valista.com/news/article.php?article=250
Mobile Business:
http://www.valista.com/news/article.php?article=248
Mobile Business:
http://www.valista.com/news/article.php?article=255
RCR Wireless:
http://www.valista.com/news/article.php?article=239
Forbes.com:
http://www.valista.com/news/article.php?article=229
ITR Manager.com:
http://www.valista.com/news/article.php?article=235
Mobile Payments World:
http://www.valista.com/news/article.php?article=230
Mobile Payments World:
http://www.valista.com/news/article.php?article=231
Mobic:
http://www.valista.com/news/article.php?article=234
Please find attached links to interesting Valista press releases:
IT Europa Award:
http://www.valista.com/news/pressreleases/it_europe_top1500.php
Valista Survey:
http://www.valista.com/news/pressreleases/ctia_survey.php
Motricity Partnership:
http://www.valista.com/news/pressreleases/motricity_partner.php
Off-portal:
http://www.valista.com/news/pressreleases/gardens_pressrel.php
IBM Partnership:
http://www.valista.com/news/pressreleases/ibm_pressrel.php
Red Herring Award Winner
http://www.valista.com/news/pressreleases/redherring2005.php
America Online
http://www.valista.com/aol.shtml
3. Provide a brief (up to 100 words) biography about the leader of this nominated company:
Raomal Perera is one of 40 entrepreneurs worldwide chosen to join the prestigious World Economic Forum.
He is a proven entrepreneur who founded Network365 which merged with iPIN in November 2003 to form Valista. Before setting up Network365, a mobile payments provider, Raomal co-founded and led the team that also founded and built ISOCOR to IPO on Nasdaq (1996) and sale to Critical Path (Nasdaq: CPTH) in January 2000 for $450M. During the 1990’s ISOCOR led the email server software market and like Network365, won market leadership by bringing new products to an emerging market, building solutions that predicted and met market needs.
Raomal also worked with Artist Graphics Europe and Retix USA and was senior Consultant in various companies in UK, Ireland & Netherlands.
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