Tracsis makes double swoop for delay repay innovators
Transport data software provider Tracsis has announced a double acquisition of Travel Compensation Services (TCS) and its holding company S Dalby Consulting, and Delay Repay Sniper (DRS). TCS is a software provider of enterprise delay repay solutions to the UK rail industry. DRS is a consumer facing web portal that enables rail passengers to quickly and easily submit valid claims under the delay repay scheme. These acquisitions are highly complementary to Tracsis’ existing rail offering as the industry seeks to supplant manual delay repay methods that have led to slow response times, incorrect refunds and a material exposure to consumer fraud. The directors of Tracsis believe this market is set for significant growth in the coming years.