Subex closed over 25 ROC deals in FY11

BANGALORE, INDIA: Subex Limited, a provider of Operations and Business Support Systems (OSS/BSS) for CSPs (Communications Service Providers), on Wednesday announced that it has closed more than 25 deals for its Revenue Operations Centre (ROC) for Fraud Management and Revenue Assurance for FY11.

Many of the deals were multi-network, multi-million dollar Managed Service contracts spanning 2-3 years, said a press release.

The company claimed that there has been increasing demand for Subex’s ROC Fraud Management and ROC Revenue Assurance solutions across APAC, EMEA and the Americas. Some of the announced wins in FY11 included O2, Movistar Colombia, YTL Communications, Mobinil, Econet, Eagle Mobile, Ecuador, Telekom Slovenije etc.

Subex’s ROC Revenue Assurance is designed to detect potential revenue loss and also to assist an operator with its investigation, diagnosis and recovery of these revenues. It provides automated correction capabilities to improve bottom-line results, the release added.

The ROC Fraud Management solution helps wireless and wireline operators eliminate known frauds, uncover new fraud patterns, minimize fraud run time, augment internal controls and support continuous fraud management process improvement.

“Closing more than 25 new deals last year is a landmark achievement, and our teams have worked hard to achieve this,” said Sudeesh Yezhuvath, COO of Subex. “We will continue our efforts to displace competition across the globe and these recent wins are testament to our product superiority, delivery capability and sound partner strategy.”