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Home Archives for Revenue Assurance and Fraud Management

Subex to help CSPs reduce TCO for Fraud Management

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Subex Ltd., a leading global provider of Operations and Business Support Systems (OSS/BSS) for communication service providers (CSPs), announced the launch of Nikira™ V7.2, the industry leading fraud management component of the ROC (Revenue Operations Center) today. The latest fraud management solution is designed to help operators reduce up to 40 percent TCO (total cost of ownership) by reducing investments in the hardware required for fraud management, as well as improving robustness and reliability of Rule Management with the introduction of the Rule Test Facility (RTF). [Read more…]

Subex Helps Qatar Telecom Qtel Provide Sense of Security for Customers

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Subex Ltd., a leading worldwide provider of Operations and Business Support Systems (OSS/BSS) for Communication Service Providers (CSPs), has told OSS News Review that Qatar Telecom (Qtel) has successfully executed Subex’s Revenue Assurance (Moneta) and Fraud Management solutions (Nikira), both important components of the Revenue Operations Centre (ROC) platform. [Read more…]

Subex advocates ‘sweating the fraud management asset’ to extract maximum returns on investments

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Subex Limited, a leading provider of Operations and Business Support Systems (OSS / BSS) for communications service providers (CSPs) recently presented ideas for extracting the maximum efficiency from existing fraud management investments by CSPs, at the GSMA Fraud Forum held at Ascot, London, UK between January 26-28, 2010. At this forum, Subex presented on ‘Sweating the asset: How to get more from your fraud management system’. [Read more…]

cVidya Networks to Showcase its Extended Solution Portfolio at Mobile World Congress

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cVidya Networks, a global leader and innovative provider of Revenue Intelligence solutions for communication media and entertainment service providers, will be showcasing their extended product portfolio at Mobile World Congress in Barcelona. Upon the acquisition of Ectel, the company’s product portfolio is now more extensive to include fraud management and marketing analytics solutions. cVidya will be exhibiting in Hall 4 level 1, stand 4.1HS01 at the IMA Premium Meeting Pavilion.

Recently, cVidya has finished the acquisition of ECtel LTD., a leading provider of Revenue Management solutions for communication service providers, in a cash transaction amounting to $21 million. The acquisition of ECtel places cVidya as the leading worldwide vendor in Revenue Management solutions, in terms of market share, revenues, installed base and product portfolio.

“Bringing ECtel into the family not only adds fraud management and product profitability analytics into the mix, it also boosts the scale of the business, making cVidya a one-stop shop for revenue intelligence solutions,” said Dan Baker, Research Director at Technology Research Institute (TRI).

“With the addition of fraud management and marketing analytics solutions to our product portfolio, cVidya is positioned as the global leader and the biggest provider of Integrated Revenue Intelligence solutions for communication, media and entertainment service provider,” said Alon Aginsky, President, CEO and Founder of cVidya. “With the acquisition of ECTel we are now servicing 132 telecom and media customers worldwide and employing 300 professionals in 18 global locations”.

Sun Servers Register Record Performance in Fraud Management System Benchmark Study

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Subex Limited, a major global provider of Operations and Business Support Systems (OSS/BSS), has told OSS News Review that Sun Microsystems(TM) has achieved record performance in the Subex Nikira V7.0 Fraud Management System sizing and benchmarking study aimed to ascertain Call Detail Record (CDR) processing throughput with Sun servers. The benchmark performance report shows that Sun hardware was able to process one billion CDRs per day, the fullest performance on the Sun SPARC Enterprise M8000 server using Nikira. [Read more…]

cVidya Networks Completes Acquisition of ECtel

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cVidya Networks, a global leader and innovative provider of Telecom Revenue Assurance and Dealer Management products, has completed the acquisition of ECtel LTD., a leading provider of Integrated Revenue Management™ (IRM®) solutions for communication service providers, in a cash transaction amounting to $21 million. [Read more…]

Telekom Slovenije Implements Subex’s ROC

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Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS), recently announced that it has successfully completed the implementation of its Revenue Operations Centre (ROC) for Fraud Management (Nikira™ V6.1 solution) and Revenue Assurance (Moneta™ V2.6 solution) at Telekom Slovenije, Slovenia’s leading telecom operator. [Read more…]

Subex Leads Market in Business Optimization for 2nd Year

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Subex Limited, a leading global provider of Operations and Business Support Systems (OSS/BSS), has been reported as the market leader in Business Optimization for the second year in succession, by Analysys Mason in its report on the billing market, Billing Market Review: 2008 – 2013, released in November 2009. Subex emerged the market leader in this space last year as well. [Read more…]

Investment in Revenue Assurance Eliminates Unbillable Revenue, says new TM Forum report

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TM Forum today announced the results of its latest Business Benchmarking study which uncovers a direct link between Communications Service Providers (CSPs) levels of unbilled revenue and the maturity of their revenue assurance programs. The study results are included in TM Forum’s latest Insights Business Intelligence Report, “Revenue Assurance: The Hidden Opportunity”, and includes observations from other recent TM Forum Business Benchmarks. [Read more…]

Stratecast paper identifies cost savings for Telecoms industry by plugging inter-carrier revenue leakage

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A new paper published by Stratecast, a division of Frost & Sullivan, in conjunction with revenue assurance solutions provider cVidya, has revealed potential cost savings service providers and operators can achieve if they address the issue of inter-carrier revenue leakage. In the wholesale market, inter-carrier revenue leakage represents approximately 3 to 5 per cent of service provider’s total costs for traditional voice products, and in the range of 7 to 11 per cent for broadband products. The paper* explores the challenges of billing errors and disputed invoices both for retail service providers and wholesale network operators and the financial implications on the Telecoms industry. [Read more…]

Connectiva Signs Deal with Videotron to Combat Fraud, Revenue Leakage, Revamp Billing Verification

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Connectiva Systems Inc., an award-winning provider of revenue and risk management solutions, has told OSS News Review that Videotron, a leader in Canadian Telecommunications, will implement its ONEREViEWTM 5.0 platform. [Read more…]

Angola Telecom Chooses ECtel Fraud Management Solution

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ECtel Ltd. (NASDAQ: ECTX), a leading provider of Integrated Revenue Management™ (IRM®) solutions for communications service providers, has told OSS News Review that Angola Telecom, the principal telecommunications company in Angola, selected ECtel’s fraud management solution to protect revenue through real-time detection and prevention of fraud losses. [Read more…]

Dealer Fraud on the Rise in the Telecom Industry

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Dealer fraud is on rise, according to risk management software solution provider Neural Technologies. The company reports seeing a marked increase in attempts by dealers to defraud telecommunication and pay TV companies, through scams such as identify fraud, violation of pre/post validation checks and abuse of commission/incentive schemes. [Read more…]

cVidya Launches Solution for Partner Invoice Reconciliation

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cVidya, a leading provider of revenue assurance and dealer management solutions, has launched EZTrust, a system which has been developed to manage contractual disputes between network operators and service providers. It is designed to improve operational efficiencies by automatically verifying and correlating invoices and managing billing queries and disputes against services delivered. With Analyst House Frost and Sullivan estimating that the revenue leakage rate in inter-carrier billing for broadband products is between 7% – 11% of total revenues, EZTrust provides a transparent environment from which processes and settlements between parties can be more effectively managed and resolved. [Read more…]

TM Forum Study Shows Mobile Operators Lead Way in Revenue Assurance

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TM Forum, the world’s premier industry group focused on business effectiveness for the communications and media sectors, has recently announced availability of its latest Business Benchmarking performance study report. One of the Revenue Assurance Maturity Model Survey’s major findings is that Mobile operators are the most mature in their approaches to revenue assurance. In addition, the report finds that Service Providers around the world are rapidly adopting the TM Forum Revenue Assurance Maturity Model and its principles. [Read more…]

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