Subex Ltd. has been awarded a Managed Services contract from Econet for Subex's ROC Fraud Management and Revenue Assurance solution. The solution covers Econet's complete customer organization and is designed to detect potential revenue loss and to assist an operator with its investigation, diagnosis and recovery of these revenues.
The company claimed that it provides automated correction capabilities to improve bottom-line results and provide a quick return-on-investment. The ROC Fraud Management solution supports end-to-end fraud management, from initial information gathering and detection through case closure. The solution is built to help CSPs move towards fraud prevention by eliminating known frauds, reducing free run time, augmenting internal controls and through continuous fraud management process improvement.
The solution ensures a rapid return on investment (ROI) by offering the strongest fraud management capabilities, increasing compliance, reducing risk, and providing economies of scope.
Econet Wireless is a diversified telecommunications group which offers products and services in mobile and fixed telephony services, Internet and satellite.
Worldstream Systems & Services is part of the Econet Group and is responsible for the selection, implementation and ongoing management & support of large IT systems for the Group and is the partner with Subex on this project.
