Wholesale VoIP Featured Article
TransNexus Marks Two Decades of VoIP Network Management Solutions
TransNexus (News - Alert) was established in 1997 when VoIP communications was still in its early developmental stages and companies as well as individual consumers relied on Public switched telephone network (PSTN) or Plain Old Telephone Service (POTS). That was 20 years ago, and since that time the technology has evolved into a reliable platform with enterprise grade features almost anyone can afford. TransNexus specialized in securing VoIP networks even when the threat level was not as high as it is now with fraud and operations support software, and has continued to do so with more innovations in those two decades.
TransNexus started securing connections by leading the development of the Open Settlement Protocol (OSP) for inter-network call authorization and routing, which was defined by ETSI (News - Alert) and deployed around the world in many open source VoIP platforms, as well as the Cisco H.323 VoIP gateways.
The company changed its business model in 2001 to develop software products for wholesale VoIP carriers. This led TransNexus to become one of the first companies to provide advanced intelligent routing solutions using Session Initiation Protocol (News - Alert) (SIP) redirect servers in 2003. The development in SIP also included, SIP Analytics fraud control, resulting in the first real-time fraud control for SIP networks using a SIP redirect server.
By focusing on VoIP security, TransNexus is addressing a growing problem that will affect anyone using IP communications. Regarding the issue of security in VoIP, Jim Dalton (News - Alert), CEO of TransNexus, said, "Criminal imposters who spoof the calling line ID of telephone calls to perpetrate their fraud schemes are a growing problem. These crimes have caused billions of dollars in losses. Restoring trust in the public telephone network is a major opportunity. Our routing engine product is well positioned to use emerging technology standards, such as STIR (Secure Telephony Identity Revisited), to enable telephone service providers to stop these crimes."
TransNexus has now evolved into a company that specializes in software development applications for managing VoIP networks. In addition to fraud prevention and detection, it also delivers dynamic least cost and quality of service routing, number portability, profitability analysis, quality of service controls, and wholesale billing.
Advances in these segments has resulted in 27 patents related to VoIP. In announcing the celebration of its 20th year, TransNexus said it is focusing on developing new VoIP solutions as it enters its third decade.
As VoIP continues to mature and the adoption rate increases, security will play an even more important role. TransNexus has created a market by addressing a need which it says was in part made possible because customers were looking for solutions for their VoIP network that did not exist.
Edited by Maurice Nagle