Subex Ltd, a leading global provider of Operations and Business Support Systems (OSS/BSS), has been named the best supplier in the ‘Innovation’ category by Swisscom, for its OneFM fraud management solution. The award was presented to Subex as part of the first Swisscom Supplier Awards, held in Swisscom’s BrandGym in Bern, Switzerland, late last month. The awards were presented under three categories – Innovation, Partnership and Sustainability, and the winners were chosen among more than 5000 of Swisscom’s suppliers.

The One FM project, that won the award for Subex, adopted a unique risk/profit sharing model which Swisscom entered into for the purpose of fraud management. This indicates that Subex shares the risks/profits that arise from fraud prevention with the implementation of the fraud management solution, with Swisscom.

Sudeesh Yezhuvath, COO, Subex Ltd said, “We are privileged to receive this award from Swisscom. We consider this award a recognition of the innovative thinking at Subex. Customer encouragement such as this spurs us to work harder to better our solutions.”