Subex Ltd, a leading global provider of operations and business support systems (OSS/BSS) for communications service providers, announced today that it will be providing its acclaimed and unique platform, Revenue Operations Centre (ROC) for Fraud Management and Revenue Assurance to a Middle East fixed and mobile service provider, in a multi-million dollar deal.
The Operator had been using Subex’s Interconnect billing solution since 2008. The service provider will now benefit from Subex’s critically acclaimed ROC for Fraud Management and Revenue Assurance. These new solutions will deliver additional value and help the service provider address any vulnerability to fraud and revenue leakages, by putting in place a formidable system to combat such leakages.
ROC Fraud Management will help the operator move towards fraud prevention by eliminating known frauds, reducing free run time, augmenting internal controls and through continuous fraud management process improvement. It boasts several industry-leading features, enabling real time reaction through its in-line controls and transaction controls and prioritizes investigation of potential fraud cases through its advanced artificial intelligence (AI) techniques.
ROC Revenue Assurance solution is a first-of-its-kind, complete revenue assurance solution, designed to tackle critical challenges across the entire revenue chain. The solution provides unprecedented automated correction capabilities to improve bottom-line results and provide a quick return-on-investment. It is highly effective in both the traditional circuit-switched and next-generation, packet-switched service environments; scalable enough to serve operators large and small; and flexible enough to support Revenue Assurance practices as they expand and mature. Subex’s ROC Revenue Assurance is the leading choice for telecom operators looking to improve the health and vitality of the entire revenue chain.
“Being chosen to provide multiple solutions is testament to the quality of our ROC portfolio. Opting for our ROC for Fraud Management and Revenue Assurance will provide the operator with a consistent business optimization plan for continuation of great service for their customers,” said Sudeesh Yezhuvath, Chief Operating Officer, Subex Ltd.