Subex extends partnership with Jawwal for five years
Subex Limited has announced its five year expansion of coverage of its partnership with Jawwal, the foremost mobile network operator in Palestine, to provide an upgrade with the latest versions of ROC Revenue Assurance and ROC Fraud Management.
As a partner of Subex since 2014, Jawwal extended the engagement to an additional five years, which will enable them to cover their recently launched digital services and will help them reduce revenue leakages. As a part of the new deal, the expanded scope will cover Jawwal’s existing offerings and new ones through controls for Digital Service Assurance, Mobile Money, Rating Assurance, Number Portability, and Revenue Recognition.
Using Subex’s revenue assurance and fraud management solutions, Jawwal will transform itself into a holistic digital service provider by using insights into their business/operations support systems (B/OSS) and avail a comprehensive coverage against traditional and new-age frauds.
Subex ROC Revenue Assurance offers a comprehensive view of an enterprise by providing better visibility into risks surrounding operations, revenue, and margins. Meanwhile, Subex ROC Fraud Management combines a traditional rules engine, advanced machine learning capabilities, and a scalable architecture to proactively detect fraudulent activities on the network.
On Wednesday, the stock of Subex opened at Rs 6.25. In the morning trading session, it surged by 3.9 per cent to Rs 6.45 from its previous close of Rs 6.21.