Subex Limited announced that Romtelecom selected Subex Rocware™ solutions to form the core of a Revenue Operations Center (ROC).
Romtelecom’s objective is to reduce the risk of financial loss from revenue leakage, fraud, or bad debts. The ROC environment at Romtelecom will include Subex’s Moneta™ Revenue Assurance Solution, NikiraTM Fraud Management Solution, and the Prevea™ Risk Management Solution.
Anastasios Tzoulas, Chief Financial Officer, Romtelecom said, “We found Subex to be a knowledgeable partner who is ready to help us achieve this important risk management objective. The ROC will provide us with a centralized, integrated platform to maximize, control and secure our revenue chain.”
Like a Network Operations Center (NOC) ensures the health of the network, a ROC ensures the integrity of a telco’s revenue streams, processes, and improves visibility of the financial impact of the enterprise’s operations. The ROC at Romtelecom will provide advanced revenue and risk management capabilities as it combines revenue assurance, fraud management, and risk management in one integrated framework.
Subex pioneered the concept of a ROC as a centralized collection of systems and processes correlating operational activities to the impacts on revenues, costs, and, ultimately, profit. A ROC can enable an operator to adopt Operational Assurance, gaining better understanding and control over how operations support critical business goals.
Mark Nicholson, CTO, Subex, said, “We are delighted that Romtelecom has selected Subex and the ROC. We are pleased to have this opportunity to assist Romtelecom in meeting its important revenue risk mitigation objectives.”
Subex is the trusted partner of communications service providers around the world seeking to achieve enhanced operational dexterity, offering rapid and flexible delivery of innovative new services while running lean operations. Subex’s award-winning family of best-of-breed solutions is the foundation of the ROC, enabling operational assurance and, as a result, improved operational dexterity.
At TM Forum Management World Nice, May 20 -22, Subex will demonstrate a ROC as part of the Content Encounter 2 Catalyst project, the premier demonstration of the delivery of advanced, content-based services involving Tier 1 operators from around the world.
For more information, please visit their website: http://www.subexworld.com
About Romtelecom
Romtelecom is Romania’s largest fixed-line operator.
About Subex Limited
Subex Limited is a leading global provider of Operations and Business Support Systems (OSS/BSS) that empowers communications service providers to achieve competitive advantage and deliver new service experiences to subscribers. The company pioneered the strategic concept of the Revenue Operations Center (ROC), which is a centralized framework for end-to-end control of a service provider’s revenue and costs, fostering operational dexterity for sustained profitability.
Subex’s software portfolio powers the ROC and its best-in-class solutions enable new service creation, operational transformation, subscriber-centric fulfillment, provisioning automation, revenue assurance, cost management, data integrity management, fraud management, and interconnect/interparty settlement.
Subex’s customers include 32 of the world’s 50 largest service providers. The company has more than 170 installations across 70 countries.