AUSTIN, Texas, Sept. 15, 2014 (GLOBE NEWSWIRE) -- via PRWEB - Cubic Transportation Systems , a leading integrator of information technology and payment systems and services for transportation, launched NextCity for Tolling --a next-generation back office solution optimized from the ground up for managing toll collection. Its modern architecture takes the industry to new heights of capability and power by integrating best-of-breed components for payment processing, customer service and financial management. These enterprise-class modules, all part of the NextCity architecture, are used by thousands of blue chip companies worldwide and are proven to be reliable, secure and flexible.
Developed under the leadership of experienced tolling industry executives and operational experts, NextCity for Tolling provides the industry's first off-the-shelf alternative to proprietary legacy systems that are expensive and difficult to change, customize and modernize.
"Our vision for NextCity is a fully integrated information and payments management system that spans all of the agencies and authorities in an urban or regional area, enabling managers and planners to holistically optimize their entire transportation network," said Steve Shewmaker, president, Cubic Transportation Systems. "Integrating tolling back office systems into NextCity is essential to achieving this goal because roadways are such a critical, and in many cases, oversaturated part of most urban networks."
A Tolling Industry Breakthrough
Today's electronic toll collection back office systems are proprietary custom implementations. Changes to keep up with evolving business rules and advancements in Web, mobile and payment processing are expensive and time consuming.
In contrast, NextCity for Tolling introduces an advanced modern system architecture based on off-the-shelf, best-of-breed components instead of the traditional custom and proprietary approach. Cubic has integrated and customized these components to provide a comprehensive next-generation tolling system that offers many advantages:
- Flexible design. Make changes quickly and cost-effectively by configuring the extensive set of system options, without the need for programming new code
- Highly customizable. Meet specific requirements and make changes as needed to ensure evolving business rules
- Keep pace with technology. Share costs to support advances in Web, mobile, cloud and payment processing are distributed, ensuring affordability and a long life for your investment
- Multi-agency use. Support entire states or multi-state regions for any agencies or types of operators
- Control over business rules. Give each entity control to implement its own business rules and management practices including revenue apportionment and general ledger
- Financial integrity. Improve accountability, reconciliation, security, auditability, compliance and efficiency of revenue management
"Our team of tolling industry experts and developers worked together to extend Cubic's NextCity modern system architecture with everything needed for a next-generation of transactional revenue management for tolling," said Jon Ramirez, director of Tolling Worldwide for Cubic Transportation Systems. "Our best–in-class solution provides the flexibility, customization and technological support our customers are seeking. We are excited to introduce NextCity for Tolling to the industry at this year's IBTTA conference." With more than 15 years of experience in the tolling industry, Ramirez has led implementation and operations teams for many large-scale tolling deployments.
Cubic Transportation Systems has been a global leader in intelligent transportation solutions for more than 40 years. Experience gleaned from leadership in passenger information, traffic management, processing $18 billion in transportation revenue each year and serving more than 38 million people every day lies at the core of NextCity for Tolling.
Cubic will have a presence in Booth #201, during the IBTTA Annual Meeting Sept. 14-17 at the Hilton Austin. For more information about NextCity for Tolling, call 858.268.3100, email info-tolling(at)cubic(dot)com or visit cts.cubic.com//tolling .
About Cubic Transportation Systems
Cubic® Transportation Systems, Inc., is part of Cubic Corporation. Cubic Corporation is the parent company of three major business segments. Cubic Defense Systems is a leading provider of realistic combat training systems and secure communications systems. Mission Support Services is a leading provider of training, operations, maintenance, technical and other support services for U.S. and allied nations.
Cubic Transportation Systems, Inc., is a leading integrator of payment and information technology and services for intelligent travel solutions. Cubic delivers integrated systems for transportation and traffic management, delivering tools for travelers to choose the smartest and easiest way to travel and pay for their journeys, and enabling transportation authorities and agencies to manage demand across the entire transportation network – all in real-time. Cubic specializes in design, development, manufacture, supply, installation, integration, services and information. Services provided by Cubic include on-site management, central systems, operations support, patron support, business support and field services.
Every year, more than 24 billion transportation payment transactions are processed using Cubic payment and information systems worldwide. Cubic has delivered over 20 regional back office operations which together integrate over 130 transport operators and serve over 38 million people every day in major markets around the world. Active projects include London; Brisbane (Southeast Queensland) region, Australia; New York/New Jersey region; Washington, D.C. /Baltimore/Virginia region; Los Angeles region; San Diego region; San Francisco region; Minneapolis/St. Paul; Chicago; Atlanta region; Miami (South Florida) region; Vancouver and Edmonton, Canada; Sydney (New South Wales), Australia; Germany; and Scandinavia.
For more information about Cubic, see the company's website at http://www.cubic.com/ .
Contacts:
Debra Montner
Montner & Associates
PH: 203-226-9290 ext. 112
Cell: 203-984-7861
dmontner(at)montner(dot)com
Suzanne Hatcher
Corporate Communications
Cubic Corporation
PH: 858-505-2430
Cell: 858-774-4736
suzanne.hatcher(at)cubic(dot)com
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Cubic Corporation Suzanne Hatcher +1 (858) 505-2430
