Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), has announced that it has been selected to provide its industry leading ROC Revenue Assurance and Fraud Management solutions to Almadar, a premier telecom operator in Libya.
In a competitive bid, Subex was selected for its market leadership, product superiority and domain expertise in the Revenue Assurance and Fraud Management space.
Jamal Hegag, Chairman, Almadar said:
"We are taking a fresh approach to our business proposition and it was important to build the right ecosystem. As a first step, we have chosen the ROC Revenue Assurance and Fraud Management solutions from Subex. Subex’s experience in the global revenue and fraud management space is unparalleled and we are confident that this engagement will enable us to our business in a more effective manner."
Vinod Kumar, Chief Operating Officer, Subex Ltd. said:
"Libya is an interesting telecom market with a lot of potential. Our market leadership and strong domain capabilities in the area of Revenue Assurance and Fraud Management help us enable our customers to realize operational efficiencies and improve profits."
ROC Revenue Assurance is the telecom industry’s first revenue assurance solution that simplifies RA. It tackles critical challenges across the entire revenue chain with ease. It offers two path breaking concepts – RevenuePad and Zen which simplifies and speeds up the process of revenue recovery.
ROC Fraud Management detects known fraud types and patterns of unusual behaviour, helps investigate these unusual patterns for potential fraud, and uses the knowledge, thus generated, to upgrade and protect against future intrusions.