Subex Does Fraud Management, Revenue Assurance in Slovenia

Subex has completed the implementation of its Revenue Operations Center (ROC) for Fraud Management (Nikira V6.1 solution) and Revenue Assurance (Moneta V2.6 solution) at Telekom Slovenije, Slovenia’s leading telecom operator.

As a result of the implementation, Telekom Slovenije (TS) has effectively and efficiently controlled revenue generating systems and processes, and reduced the occurrence of various types of internal and external fraud, according to Subex. This has helped TS enjoy significant financial benefits through increased revenue and reduced losses.

“We are very happy with the performance of Subex’s fraud management and revenue assurance solutions. The implementations were completed well within the stipulated timeframe and the professional and excellent project management methodology made the implementations smooth”, said Tomaz Kraskovic, Director Finance, Telekom Slovenije.

With the implementation of the Nikira and Moneta solutions, TS is now running its operations on the ROC, a strategic platform that covers revenue assurance and fraud management requirements of the operator. Nikira is helping TS with fraud prevention by eliminating known frauds, reducing free run time, augmenting internal controls and through continuous fraud management process improvement. Moneta in turn is improving the health and vitality of TS’s revenue chain by providing unprecedented automated correction capabilities to improve bottom-line results and provide a quick return-on-investment.