Mumbai: Revenue management solutions provider Subex Ltd today said it has bagged a contract from Slovenia-based telecom operator Telekom Slovenije for implementing its fraud management system, Nikira.
The Nikira V6.1 solution would help safeguard the company from a range of potential risks including subscription fraud and network fraud, Subex said in a filing to the Bombay Stock Exchange.
“The Nikira V6.1 fraud management suite is designed to safeguard operators who are rapidly expanding their subscriber numbers and new service bundles,” Subex Ltd COO Sudeesh Yezhuvath said.
Pursuant to the implementation, Telekom Slovenije would benefit from the early detection of fraud as well as productivity improvement through reduction of false alarms and efficient workflow that are built in to Nikira.
“Telekom Slovenije will benefit from a reduction in business risk and an increase in productivity, enabling it to deliver quick services to its customers,” Yezhuvath said.
Shares of Subex were trading at Rs300 on the BSE in morning trade, up 1.27% from the previous close.