Risk management software solution provider, Neural Technologies, has announced that it has completed the installation of its Minotaur™ fully integrated Fraud Management Solution for Trilogy International Partners at the latter’s Ft Lauderdale data centre.
The solution provides fraud protection for two of Trilogy’s subsidiary mobile operators – Voila in Haiti and Viva in the Dominican Republic – and will safeguard further subsidiaries as they are added to the system. Further extension of the solution is already planned to include capabilities beyond fraud management.
Trilogy’s business model centres on investing in wireless telecommunication operations that present opportunities for significant growth. As such they required a solution that enabled them to be quick to market to maximize business benefits. As Carol Wilson, Trilogy’s Project Director of Operations, explains, “The hosted Minotaur™ solution enables us to rapidly bring new subsidiaries on line and protect our revenue from the outset. Furthermore, the solution gives us more in-house control over configuration than our previous system. This enables us to respond rapidly to changing market conditions, without reliance on a vendor or even our own IT department”.
Said Ian Gebbett, CEO of Neural Technologies in the US, “Minotaur™ offers Trilogy superior fraud detection over the previous system and greater control over revenue protection activities. From this single technology platform, Trilogy will have the capability to manage multiple risk management applications, e.g. fraud, revenue assurance, credit risk management, collections and churn, avoiding substantial duplication of effort and the realization of significant cost savings”.
Pete Simpson, Senior VP at Trilogy, added, “Neural Technologies brings significant operational experience to our organization’s fraud department and other risk management areas within the Trilogy group of companies.”
Trilogy International Partners
Trilogy International Partners, LLC, (“Trilogy”) invests in wireless telecommunication operations in international markets that exhibit strong opportunities for significant growth. A privately held company, Trilogy’s corporate headquarters are in Bellevue, Washington. Trilogy also maintains a regional operations office in Fort Lauderdale, Florida.
Trilogy currently has controlling interests in mobile communications companies in Bolivia, Haiti and the Dominican Republic and a non-controlling interest in a greenfield mobile communications company in New Zealand. These businesses hold licenses to provide wireless communications services to over 31 million people. In addition to wireless services, the operating companies are also authorized to provide termination and origination of international long distance, public telephony and mobile data services.
Trilogy is actively pursuing other investment opportunities throughout the world that offer the potential for significant growth in wireless communications.
For further information visit: www.trilogyinternationalpartners.com
About Neural Technologies
Neural Technologies (Nt) has established itself as a leading provider of risk management solutions to the telecommunication and financial sectors. Formed in 1990, the company has built upon a foundation in neural analysis and design to provide quality products that increase bottom-line returns for its customers.
Nt’s solutions enable organisations to profile potential and existing customers, to minimize financial risk to their business. They offer comprehensive risk management capability in the areas of fraud, bad debt, customer attrition, collections, and revenue assurance from the initiation of service through to collection of payment.
Nt has a customer base of around 40 organisations worldwide, comprising AT&T, Sprint, Brasil Telecom, T-Mobile, MTN, Zain, Telkom SA, Orange, 02, VimpelCom, TDC, GE Money, DiGi Malaysia, Axtel and Digitel. Nt is based in the UK, with offices around the globe.
For more information, visit www.neuralt.com.