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Crossbow Exchange Engine works like real stock exchange: sellers can post theiroffers and buyers can place their bids. Both sellers and buyers are fully anonymous,i.e., all traffic routing and payment settlement is done by You - Exchange owner.Sellers can post their route ask prices based on particular route. Buyers can seeand choose routing based on price or quality criteria. Crossbow Engine makes routingdecision based on criteria selected by buyers and current route quality.
Offer
Crossbow Exchange engine is available as standalone software package. Radius-enabled(including routing) switching platform is required to run this software. Currentlyworks with Mera MVTS Transit Softswitch. Other platforms soon to be added.
How It Works
Data Tech Labs Crossbow Exchange Engine is intelligent routing and rating platformallowing service Providers to act as VoIP Traffic exchange Operators. It allowsTraffic Sellers to sell their routes and Traffic Buyers to view and buy routesaccording to their desired quality and price requirements. It optimizes routing ofeach call based on the buyers bidding criteria. Software comes with pre-populatedcountry and operator breakouts for almost 1,000 destinations, including some weekendand off peak sensitive markets.
Destinations and Markets
Destinations and Markets are preloaded in Crossbow Exchange and are system-wide. Itmakes uniform environment for all members participating in the Exchange: i.e. samecountry codes and descriptions, same billing increments and same start and end timesof weekend and off-peak traffic. There are more than 900 destinations pre-loaded inthe Crossbow Exchange. The list is being currently updated from publicly availablesources. It supports grouping Destinations into groups, for example:"UK-Mobile-Vodafone " and "UK-Mobile-Orange" are separate Destinations but also formsDestination Group named "UK-Mobile". Therefore they can be traded both separately oras a group. Some of Destinations may have time-sensitive trading, i.e. Peak,Off-peak and Weekend trading. Crossbow Exchange Engine supports this function aswell. It is possible to define fixed start and end times of peak and off peak ratesbased on specific time zone of Destination country. There are two type of actions available to exchange members: Selling, or Offer posting Buying, or Bid posting Each of the members can be simultaneously Seller or Buyer or both.
Sellers
Sellers post offers on the exchange and configure their equipment to receive trafficfrom Exchange. They can post their offers to one of predefined markets and specifyasking price.
Buyers
Buyers should configure their equipment to send traffic to the exchange. They buytraffic by placing bids. Two types of bids are available:Price: A buyer places a bid for the maximum amount they are willing to pay for aroute. Calls are routed to the least expensive seller with an available route to thebid amount; Quality and Price: A buyer places a bid for the maximum amount they are willing topay for a route and the minimum quality they are willing to accept. Quality ismeasured by multiplying the Answer Seizure Ratio (ASR) by the Average Call Duration(ACD) to calculate the Score. Calls are routed to the seller with the highest Scoreat or below the bid amount.
Exchange Fees
Exchange makes it profit from fees collected from buyers and sellers. Two types offees are available and configurable by operator:Fee based on traded minute price. Various levels are supported. For example: Destinations with offer price up to $0.05 - fee $0.002 Destinations with offer price between $0.05 and $0.10 - fee $0.003 Destinations with offer price between $0.10 and $0.50 - fee $0.0045 Destinations with offer price above $0.10 - fee $0.006 and so on ... This fee can have billing increment different from that of particular destination.For example, calls can be traded with 1/1 increments, whereas fees - at 60/60. Fee based on percentage. Fixed percentage from sales amount;
Billing and Settlement
Billing cycle can be set at desired dates of month, for example bi-monthly; on 1stand 16th of each month. It affects way how reports are presented, i.e. they arebound to billing cycles. Buying Member is required to maintain positive balance inorder to make traffic purchases. Crossbow engine allows to refill balance at anytime buy making payments. Balance increases also when member has done some sales oftraffic. Balance settlements and payments are done exclusively through the exchange,no peer to peer transactions are supported. At the end of each billing cycle systemsends out automatic period balance statement with opening balance, closing balanceand all activities during billing cycle. User can also make use of automatednotification system which informs about low balance (user selectable level) andabsence of funds in account.
Routing
Routing decisions are made in real time and new offers/bids are included intorouting immediately as they are activated. At each call attempt, Crossbow Exchangetries to route call to all matched offers for particular bid, starting from mostappropriate. If match is found, call is connected. If none of offers match, callwill fail.
Route Quality Protection
Exchange administrator can select whether to activate Route Quality Protectionfeature for particular Exchange member. when activated, this system will monitoruser's routes and if quality criteria is not met (Score
