Telecommunications mediation is a process that converts call data to pre-defined layouts that can be imported by a specific billing system or other OSS applications.
In today's world, Rating Engines are becoming more necessary for the telecom billing system to be able to meet the growing variant customer needs for different services.
For instance, the mediation software might generate traffic volume statistics based on the number and origin of the records it processes.
Mediation software performs various operations from data collection to downstream distribution to modules like retail billing, roaming, interconnect settlement, business intelligence, fraud detection and revenue assurance.
Telecom operators offer Voice, video, data, fax and internet services to subscribers and partners on various product lines.