Subex Offers Risk Management

Subex launches enhanced Prevea credit risk management solution to help telecom service providers reduce revenue loss from delinquent accounts

January 17, 2008

1 Min Read

BANGALORE, India -- Subex Ltd, a leading global provider of Operations SupportSystems (OSS) solutions for communications service providers, todayannounced the release of PreveaTM 2.2, the latest version of its credit riskmanagement offering that enables communications service providers tocontinuously assess and mitigate subscriber credit risk throughout thecustomer lifecycle.

Designed to help service providers achieve greater operational efficiencyand a key component of the Revenue Operations Center (ROC), Prevea trackscredit risk in near real-time, prior to subscriber acquisition, ongoingusage, and recovery. Prevea builds an extensive customer profile consistingof demographics, usage patterns, payment information and other relevantcustomer information.

Prevea 2.2 brings out the 'true exposure' of the subscriber and enablesoperators to automatically track credit risk by removing the guessworkassociated with the value of service utilization. It creates structures andprocesses for defining credit risk assessment schemes and customer-specificcredit limits, allowing for alert conditions to be configured that trackrisk variations, such as deviations in customer behavior and paymentdelays/reversals.

It also raises alerts at the earliest signs of an account problem andprovides workflow mechanism to aid investigation. The benefits of deployingPrevea are increased customer profitability, improved collection rates,reduced bad debts and operating costs and improved bottom-line financialperformance.

Mark Nicholson, Chief Technology Officer, Subex Ltd. said, "This latestversion of Prevea is designed to enable service providers to easily monitorsubscriber risk and improve the bottom-line. These latest product updatesmake it easier for our customers to optimize their margins and become leanerand more efficient in their operations."

Subex Ltd.

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