Subex wins multi-million dollar deal to provide its ROC® Fraud Management solution to Tier 1 African operator
Feb 23, 2012,
LONDON, UK – Subex Limited, a leading global provider of Business Support Systems (B/OSS) for CSPs (Communications Service Providers), announced today that it has been chosen to provide its industry leading Revenue Operations Centre (ROC) Fraud Management solution to a Tier 1 African operator in a group deal covering its pan-African countries across 16 networks.
Subex’s ROC Fraud Management solution was chosen over competition owing to its proven success in the Middle East and African regions. Subex’s technical superiority and highly scalable solution platform made it a natural choice for the multi-country deployment in this high growth region.
ROC Fraud Management solution from Subex is built to help CSPs move towards proactive fraud prevention, reducing fraud run time, augmenting internal controls and 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 Fraud Management can detect fraud in any telecom environment, including wireline and wireless and across all service types. Its highly scalable platform can handle any data volumes and ever-increasing loads, offering a one-stop solution for an operator’s fraud management needs.
“We are very pleased to have been selected by one of the largest operator in the African region to provide them with our award winning ROC Fraud Management solution,” said Sudeesh Yezhuvath, Chief Operating Officer, Subex Ltd. “Having prior experience of successfully providing ROC solutions globally will enable us to provide the best service for this operator, which in turn will allow them to pass on excellent services to their customers.”
About Subex Limited
Subex Limited is a leading global provider of Business Support Systems (B/OSS) 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