Subex Ltd. has released Prevea 2.2, the latest version of its credit risk management offering that lets service providers continuously assess and mitigate subscriber credit risk.
The product is designed to help service providers achieve greater operational efficiency and is a key component of the Revenue Operations Center (ROC), Subex said.
Prevea tracks credit risk prior to subscriber acquisition, ongoing usage and recovery. It builds an extensive customer profile consisting of demographics, usage patterns, payment information and other relevant information.
Prevea 2.2 creates structures and processes for defining credit risk assessment schemes and customer-specific credit limits, allowing for alert conditions to be configured that track risk variations, such as deviations in customer behavior and payment delays and reversals.
It also raises alerts at the earliest signs of an account problem and provides workflow mechanism to aid investigation. Prevea 2.2 is market ready.
Subex Ltd. www.subexworld.com
