Subex Ltd, a leading global provider of Business and Operations Support Systems (B/OSS) for Communications Service Providers (CSPs), has announced that the company has been selected to provide its industry leading ROC Revenue Assurance and Fraud Management solutions in a hybrid model by GO, a leading provider in Malta. The terms of the hybrid model contract would entail an initial Managed Services deployment period after which it will be converted into a license model engagement.
Subex’s leadership and domain expertise in the Revenue Assurance and Fraud Management space were seen as key value drivers during an intense vendor evaluation process.
Kelvin Camenzuli, Chief Technical Officer, GO plc said, “Protecting revenues across our telecoms offerings has always been a key focus and that was the decisive factor for choosing Subex’s ROC Fraud Management and Revenue Assurance solutions.
Subex’s experience in the global revenue assurance space is unparalleled and we are confident that this engagement will enable us to enhance our business in a more effective manner”.
“This is an extremely unique win for us. A hybrid model of this nature has never been tried before in our space. Our technological innovativeness and product superiority played an important role in helping us win this deal. We look forward to an interesting and fruitful partnership with GO”, said Vinod Kumar, Chief Operating Officer, Subex Ltd.
Ingrid Azzopardi, Group Internal Auditor, GO plc explained that, “Thanks to the investment in Subex ROC Fraud Management, GO plc is better equipped to detect at an early stage any irregularities on its network and to protect its customers from fraudulent activity on their service”.
“Subex Revenue Assurance module has provided GO the opportunity to consolidate an end-to-end assurance for identified services provided to its esteemed customers” commented Pierre Debrincat, Senior Manager Financial Control, GO plc.
Subex’s ROC Revenue Assurance is the industry’s first revenue assurance solution that simplifies RA. The solution helps customers in addressing revenue assurance challenges inherent to individual service verticals: Wireless, Fixed, Cable MSPs, and MVNOs. It also helps them address revenue assurance across multiple functional areas such as service fulfillment, usage integrity, retail billing, interconnect/wholesale billing, and content settlement in addition to revenue management in marketing, campaign management, offer development and lead management. This in-turn enables customers to dramatically reduce the time required to implement or extend the coverage of their revenue management system and practices.
Subex's ROC Fraud Management solution ensures a rapid return on investment (ROI) by offering the strongest fraud management capabilities, increasing compliance, reducing risk, and providing economies of scope. Subex's detailed business benefit modeling tools allow customers to determine ROI, build reliable business cases, and explicitly see the value that our solution can bring to their business.