Subex's fraud management solution deployed by Movistar Columbia

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announced that it has signed a
contract with Telefónica Ingeniería de Seguridad (TIS) as
solution
integrator for ROC fraud management for href="http://www.ciol.com/Enterprise/Enterprise/News-Reports/Movistar-Colombia-says-Action-to-Fraud-Control/134291/0/">Movistar
Colombia.

Movistar Colombia was looking to
replace its existing fraud management solution (FMS), a critical
component of its operations. Subex's ROC offering for fraud
management was chosen, through a global RFP process, for its
technical superiority, global expertise, regional commitment,
presence, as well as the local support offered through tier-one
partners, TIS. The implementation phase began a while ago and it is
expected that the ROC solution will be in production phase by July
this year. “Our ROC solutions are designed in a manner that allows
operators to bring the same superior technology in their OSS/BSS
across all locations, while also providing the flexibility to meet
specific needs of each operation. The global requirements of telecom
operators such as Telefónica can easily be met with our ROC
solutions,” said Sudeesh Yezhuvath, COO, Subex.

Subex's Nikira, the fraud management
component of the ROC, is built to help CSPs move towards fraud
prevention by reducing free run time, augmenting internal controls
and through continuous fraud management process improvement. Nikira
has several leading industry features, enabling real-time reaction
through its in-line controls and transaction controls and prioritizes
investigation of potential fraud cases through its advanced
artificial intelligence (AI) techniques.

Some of Nikira's features are:

• Pre-check functionality, which runs
  multiple checks on new subscription against blacklists and identifies
  fraudsters based on phonetic, exact and combination matches.

• Patent-pending e-finger printing
  feature, which captures the details of subscriber behavior and matches
  against a hot list of previously recorded fraudster fingerprints
  without relying on any subscriber credentials.

• IAQ (Intelligent Alarm Qualifier),
  which uses AI to detect the truly false alarms, thereby increasing
  analyst productivity and reducing revenue leakage.