Subex announces debut deployment of Revenue Operations Center
Subex, a provider of Operations and Business Support Systems (OSS/BSS) for communications service providers, today announced that Romtelecom, Romania's largest fixed-line operator, has selected Subex Rocware solutions to form the core of a Revenue Operations Center (ROC).
Romtelecom's objective is to reduce the risk of financial loss from revenue leakage, fraud or bad debts. The ROC environment at Romtelecom will include Subex's Moneta Revenue Assurance Solution, Nikira Fraud Management Solution and the Prevea Risk Management Solution.
Anastasios Tzoulas, Chief Financial Officer, Romtelecom said, "We found Subex to be a knowledgeable partner who is ready to help us achieve this important risk management objective. The ROC will provide us with a centralized, integrated platform to maximize, control and secure our revenue chain."
Like a Network Operations Center (NOC) ensures the health of the network, a ROC ensures the integrity of a telco's revenue streams, processes and improves visibility of the financial impact of the enterprise's operations. The ROC at Romtelecom will provide advanced revenue and risk management capabilities as it combines revenue assurance, fraud management and risk management in one integrated framework.
Subex pioneered the concept of a ROC as a centralized collection of systems and processes correlating operational activities to the impacts on revenues, costs and, ultimately, profit. A ROC can enable an operator to adopt Operational Assurance, gaining better understanding and control over how operations support critical business goals.
Mark Nicholson, CTO, Subex said, "We are delighted that Romtelecom has selected Subex and the ROC. We are pleased to have this opportunity to assist Romtelecom in meeting its important revenue risk mitigation objectives."
Share this article with others
Post to del.icio.us
Printed from http://www.eurocomms.com/online_press/112252/Subex_announces_debut_deployment_of_Revenue_Operations_Center.html
Comment on this article
Skip to comments
We encourage users to analyse, comment on and even challenge European Communications's articles, including the one above - 'Subex announces debut deployment of Revenue Operations Center'
User reviews and comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site.
Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. We will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site.