TONO has signed an agreement with Spanish Point Technologies
November 8, 2022
TONO has chosen Spanish Point Technologies as its supplier of new business-critical computer systems. – The collaboration gives TONO better systems for rights management to meet the current and future expectations of members, customers and international partners, says CEO of TONO, Karl Vestli.
The Irish technology company Spanish Point Technologies is TONO’s new supplier of central IT systems. The company, which currently has TONO’s umbrella organization CISAC as a customer, will deliver the technological framework for TONO’s entire operations.
– Spanish Point Technologies is a recognized supplier of professional systems for players in the field of music rights management. After a long and thorough process in which we have evaluated eight different suppliers against each other, we now have full confidence that Spanish Point’s systems will help TONO to maintain its position as one of the leading management companies in the world. We will use solutions from Spanish Point within all our core functions, which are licensing, reporting and settlement of remuneration to composers, lyricists and music publishers,” says Vestli.
The agreement initially applies to back-office functionality, but also provides options to create new, or further develop existing, CRM systems, as well as member and customer portals.
Will strengthen data quality
Collective management companies receive huge amounts of reports on music performed by broadcasters, concert promoters, and so on. The information in these reports must be correctly linked to the companies’ work databases. Spanish Point’s matching engine solution includes a wide range of features for automating and improving data quality, which also provides cost savings for the companies that use it.
“Our Matching Engine solution can help organisations like TONO automate work processes and manage growing amounts of data. We look forward to working with TONO and continuing to offer management organizations innovative software solutions,”
John Corley
The “matching engine” solution is built on modern cloud-based architecture on Microsoft Azure technology The solution has helped a number of collective management companies solve data challenges, errors in metadata and to ensure that the right settlements go to the right rights holders in a transparent manner.
– When TONO starts using the solution, TONO’s members will experience better services in the member service Mitt TONO through automated work processes, faster response time and better data quality, to name a few. Customers will also receive services that will solve their needs in a user-friendly and good way. We look forward to launching new solutions and new functionality during 2023,” says Vestli.
Large internal projects
The partnership with Spanish Point will result in a number of projects that will be part of a larger project portfolio for TONO from 2023. This is the first of several extensive investments in ICT and digitalisation in the years to come.
“We must meet the expectations of our members, customers and partners in other countries, and must have the systems that enable this. The investment in the solutions from Spanish Point will be crucial in this context,”
Vestli
Nordic co-operation
The decision to enter into a collaboration with Spanish Point has been taken after a long and thorough process in the Nordic Polaris cooperation, which TONO is part of together with Danish Koda and Finnish Teosto, as well as with Irish IMRO. Among other things, the Polaris companies also collaborate on direct licensing of common repertoire to the major international streaming services through the company Polaris Hub.
Spanish Point currently supplies systems to the international umbrella organization for rights managers, CISAC, as well as companies in Spain and South Africa. TONO’s Irish sister company IMRO has been using Spanish Point’s solutions for 16 years.
About TONO
TONO was founded in 1928 and is a non-profit cooperative owned and managed by composers, music lyricists and music publishers, and on their behalf manages the financial copyrights in the music they have created. TONO grants permission for the use of protected music on radio, TV, internet, concert and cinema, etc. for a fee, and annually transfers its financial results to rights holders in music that has been played publicly. TONO has more than 38,000 members in Norway, but also works for millions of creators and music publishers from around the world. TONO provides music creators with a financial basis for creating new music, and collects and simplifies the licensing of protected music to music users. TONO had a turnover of NOK 843.9 million in 2021. Visit tono.no for more information.
About Spanish Point
Spanish Point Technologies is a software company that has been working with collective management organizations since 2007. The company has built a matching application on the Microsoft Azure platform that solves computer problems facing music rights organizations. The high-performance engine supports organizations to resolve metadata errors and ensure music remuneration is tracked with accuracy and transparency. Spanish Point was awarded “Independent Software Vendor (ISV) partner of the year 2022” at the Microsoft Inspire Partner Awards for their innovative Matching Engine application. The company is Irish and was established in 2005. For more information about Spanish Point visit their website at https://www.spanishpoint.ie/.
