The operator has 2.3 million customers and had previously managed RA and fraud in-house. However, with rapid growth and the delivery of new products and services, it wanted scalable and effective external systems to ensure it was maximizing its revenues.
Subex Azure was chosen after a competitive tender, as it was able to offer both RA and fraud management, and due to its presence and understanding of the region through working with its local partner Mideast Data Systems (MDS).
The Subex Azure Revenue Assurance Solution (SARAS) is a complete RA solution, designed to tackle critical revenue-assurance challenges across the entire revenue chain. SARAS offers pre-configured solution templates that address RA issues across areas such as service fulfillment, usage integrity, retail billing, interconnect/wholesale billing and content settlement.
The Subex Azure Fraud Management Solution (SAFMS) is an advanced fraud management system, which enables operators to detect both known patterns and unusual fraud types in all environments - wireline (PSTN, ISP, VoIP), wireless (2G, 2.5G, 3G) across all services (postpaid, prepaid, VAS, MMS, m-commerce). SAFMS utilizes rules-based alarms and artificial intelligence driven pattern matching to identify unusual behaviour. It is highly flexible, allowing operators to customize the configuration to suit their network and business requirements.
Subash Menon, Founder Chairman, Managing Director & CEO, Subex Azure Ltd said: "This is a further endorsement of our revenue assurance and fraud management solutions. We are delighted to helping operators in the Middle East reduce potential revenue leakage and protect profits."
About Subex Azure Limited
Subex Azure Limited is the world's largest vendor of Revenue Maximization solutions for telecom operators. Subex Azure pioneered the strategic concept of a Revenue Operations Centre (ROC) - a centralized and integrated operational infrastructure to monitor, control and assure the integrity of the revenue chain. Subex Azure's RevMax(TM) is an integrated suite of best-in-class software solutions that power the ROC.
Subex Azure is the world's No. 1 vendor for Fraud Management and Revenue Assurance solutions. Subex Azure counts amongst its customers, 23 of the world's largest 40 telcos and has a customer base of over 150 customer installations in more than 60 countries.
Subex Azure has offices in Bangalore, Beijing, Denver, Dubai, Ipswich, London, Ottawa, Singapore and Sydney.
Forward Looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, fluctuations in earnings, our ability to successfully integrate acquisitions, competition in our areas of business, client concentration, liability for damages in our contracts, withdrawal of tax incentives, political instability, unauthorized use of our intellectual property and general economic conditions affecting our industry.
In Europe or Asia please contact Alex Crawshaw or Kate Bonner at Catalysis
In the U.S. please contact Guy Murrel at Catapult PR-IR
T: +1 303-581-7760 - E: gmurrel[.]catapultpr-ir.com.
In India please contact Shivaram Lakshminarayan at Genesis
T: +91 9886136796 - E: shivaram.l[.]bm.com.