General Info

For the past decade, OLS has provided strategic and technical business process consulting, production support services for integration, monitoring, and decision support to medium and large enterprises in support of their mission-critical payment systems. In 2004, we released to the market a revolutionary new transaction product, OLS.Switch. In 2005 and 2006 we engineered in high volume enterprise readiness and added a new module for extraction, reporting and settlement. We support both issuer and acquirer payment systems including some of the nation's largest automated teller networks, point-of-sale networks and third-party pharmacy networks. Our customers have entrusted OLS with the care, custody, and control of these highly complex, mission-critical systems that collectively process billions of dollars of non-cash transactions annually. We have built OLS with the mission to deliver value to our customers through the development and sale of products and services to the payment systems marketplace. In our view, this value takes one or more of the following forms: We offer viable cost-effective alternatives to expensive legacy product providers and unresponsive over-booked service providers via OLS.Switch, a transaction processing engine built using the most current technology and payment industry standards ; and OLS.Host, a new approach to outsourcing. Dual revolutions in hardware and software have brought the era of exorbitantly-priced, proprietary-styled OLTP solutions to a rapid close.