Subex launches prepaid channel assurance soln

LONDON: Subex Limited, a provider of operations and business support systems, on Monday announced the launch of Prepaid Channel Assurance Solution, a packaged solution offering based on its ROC solution suite.

Also read: Subex implements ROC solution for an SEA operator

The new solution uses control systems and processes based on its advanced analytics techniques to accurately reconcile and report customer payment transactions and adjustments in a service provider organization, said a press release.

Its advanced analytics and data visualization approach enables service providers in automating the validation of processes around the back end of cash management activities such as validation of fees and charges associated from direct and indirect partners.

The company claimed that the application enables service providers to ensure that all payments posted in their billing systems are valid and complete.

It also enables intelligent decision making by accurately managing data reported across all payment channels, banks, merchant service providers and other service vendors.

“The Prepaid Channel Assurance Solution will enable service providers to substantially improve their operational and financial controls around customer payment transactions and cash management processes, giving them unprecedented, near-real-time visibility into their cash flow,” said Mark Nicholson, chief technology officer, Subex.

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