Swisscom to deploy Subex's fraud mgmt solution

Operations and business support systems provider Subex today said it has partnered with Swisscom for deploying fraud management solution to the Switzerland-based telecommunications provider.

"The goal of the partnership is to improve the next generation fraud management," Subex said in a statement.

Swisscom will deploy Subex's Nikira Fraud Management System, which serves as the basis to develop and validate detection and mitigation of current and new fraud risks.

Nikira is part of Subex's integrated suite of revenue maximisation applications, forming the Revenue Operations Centre (ROC) and will be deployed to detect fraud across its current and next generation fixed and mobile networks, it added.

"At Swisscom, we believe that fraud management is to take a different turn, especially in the light of globalisation, converging technologies, hostile markets and continuous product innovation. In Subex, we have found a partner who will face the next level of fraud management challenges successfully," Swisscom Chief Risk Officer Kurt Meyer said.