Bangalore:  Subex launched a new version of Revenue Operations Centre (ROC) fraud management solution version 7.4, Subex is the most preferred client of communication service providers as they as they are the leading global providers of Business Support Systems (BSS).

Subex's ROC Fraud Management solution ensures a rapid return on investment (ROI) by off¬ering the strongest fraud management capabilities, increasing compliance, reducing risk, and providing economies of scope. Subex's detailed business benefit modeling tools allow customers to determine ROI, build reliable business cases, and explicitly see the value that this solution can bring to their business.

This new version of ROC introduces inline controls for preventing subscription fraud, transaction fraud and equipment loss at point of sale. Lately Subex’s ROC Fraud management solution was selected by Telecom Slovenije a Slovenia based service provider company to expand this service to its entire group.

As per the companies press release Subex has implemented a new inline control framework, which enables service providers to carry out proactive checks on a new subscriber at the time of customer acquisition. Because of this, the Point of Sale (PoS) staff will no longer need to wait until the fraudster is provisioned and later detected through behavioural rules and profiling. The PoS staff can make real-time decisions and accept, decline or refer any subscriber to prevent fraudsters from entering the network. This also prevents the fraudsters from walking away with valuable devices.

 “We are pleased to release the latest version of our industry leading ROC Fraud Management solution,” said Sudeesh Yezhuvath, Chief Operating Officer at Subex. “The newest version of our fraud management solution includes the ability for operators to carry out real-time checks at the transaction request stage and subscriber acquisition stage and thus prevents fraudulent transactions and handset loss.”