London, UK - Subex Ltd, a leading global provider of business support systems (BSS) for communications service providers, announced today that Telekom Slovenije is expanding the Subex Revenue Operation Centre (ROC) Fraud Management solution across its entire group. Telekom Slovenije provides high-end mobile, fixed and IP communications, multimedia content, and services to residential and business users. They are headquartered in Slovenia, and have a presence in Croatia, Bosnia and Herzegovina, Montenegro, Kosovo and Macedonia.
Telekom Slovenije has been a customer of Subex’s ROC Fraud Management solution for the past three years for their fixed communications. When it extended the group through acquisitions, Telekom Slovenije selected Subex’s industry leading ROC Fraud Management solution for all its fixed and mobile companies. Subex’s ROC Fraud Management solution will be installed centrally in Ljubljana to cover all the group’s fixed and mobile operations in Slovenia, Macedonia and Kosovo, helping protect over fourteen million subscribers in the Telekom Slovenije Group.
Subex’s ROC Fraud Management is built to help CSPs move towards fraud prevention by eliminating known frauds, reducing free run time, augmenting internal controls and through continuous fraud management process improvement. It has 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.
“We have extended our license for Subex’s ROC Fraud Management solution across our entire group,” said Igor Trontel, Head of Risk Management Office, at Telekom Slovenije. “Subex has always provided us with excellent service and support and now Subex will help us ensure that our entire group is ready to fight fraud with industry leading technology.”
“We are very pleased that Telekom Slovenije has chosen Subex as they expand their group,” said Sudeesh Yezhuvath, Chief Operating Officer at Subex. “Subex delivers solutions which have the ability to scale in line with our customers’ needs. Scalability and excellent fraud protection are two reasons why the world’s most successful communication service providers choose Subex’s industry leading ROC Fraud Management Solution.”
About Subex Limited
Subex Limited is a leading global provider of Business Support Systems (BSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimisation - thereby enabling them to improve their operational efficiency to deliver enhanced service experience to subscribers.
The company pioneered the concept of a Revenue Operations Center (ROC®) - a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex's product portfolio powers the ROC and its best-in-class solutions enable revenue assurance, fraud management, data integrity management, cost management and interconnect / inter-party settlement. Subex also offers a scalable Managed Services program and has been the market leader in Business Optimisation for four consecutive years. Subex has been awarded the Global Telecoms Business Innovation Award for 2011 along with Swisscom for industry's first successful Risk Reward Share model for fraud management.
Subex's customers include 16 of top 20 wireless operators worldwide* and 26 of the world's 50 biggest# telecommunications service providers. The company has more than 300 installations across 70 countries.
*RCR Wireless list, 2010
#Forbes' Global 2000 list, 2010