Rail Settlement Plan awards IPL £7 million contract

Rail Settlement Plan awards IPL £7 million contract : RSP awards IPL a five-year contract to deliver part of its modernisation programme, putting IPL at the heart of the UK rail industry.

Rail Settlement Plan Ltd (RSP), a scheme of the Association of Train Operating Companies, today awarded IPL, the IT services company specialising in business-critical IT solutions and consultancy, a £7 million five-year contract to design, build and support RSP’s new Product Management System (PMS). PMS will provide better fares and timetable information for use by ticket machines and information services, and will pave the way for the use of ‘thin client’ ticket machines and real time pricing.

This contract has been let as part of RSP’s modernisation programme, which will enable it to deliver its business-critical services at a lower cost of ownership and with increased flexibility, whilst providing a better match between service capabilities and the industry’s needs.

A key part of RSP’s business objective of delivering the right information at the right time is the provision of product data to ticketing systems operated by front-line retailers. The provision of this data is dependent upon the ability to create, maintain and publish fares, products and reference data and for this data to be available to retail systems in near real-time. The new PMS, based on Open Source technologies, will replace a legacy mainframe, enabling rail product and timetable data, together with its associated reference data to be stored, maintained and distributed.

The PMS will be required to enable the development of pricing strategies through scenario-based modelling. It will also apply regulatory compliance management in relation to fare and product creation through a set of in-system maintained business rules and workflow.

Steve Howes, Managing Director at RSP states: “Rationalising and streamlining our IT and business operations will allow us to provide improved services to our customers by matching our own capabilities with clearly identified industry needs, such as support for new methods of ticketing and more flexible product types at significantly lower cost of ownership.

“To achieve our aims, it was crucial we selected a partner that was technically capable of delivering our vision, while bringing with them innovation and the capability to deliver agile and flexible services. From the outset, it was clear IPL shared our vision and would work closely with us to deliver the system we want and to provide significant cost savings over the lifespan of the project.”

Paul Jobbins, Managing Director, Public Sector at IPL says: “IPL has a long and established pedigree at delivering mission-and business-critical systems into both the public and private sectors. I’m delighted that RSP has recognised the values for which IPL is famous for and selected us for this demanding programme, which will not only realise substantial cost saving benefits, but also increase the service capability of RSP as a benefit to the general public.”

uktrains

Source : ipl

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