Subex Azure Ltd, a leading vendor of revenue maximization solutions for telecom operators, today announced the launch of Symphona V9.1, the latest version of its interparty management system. Symphona enables wireline and wireless telecom operators to quickly and accurately bill customers and settle payments with partners using a single modular platform.
Part of the Rocware™ suite of revenue maximization solutions, Symphona V9.1 will enable telecom operators to better manage the rapid rate of change in the next-generation service environment by providing subscribers with self-configuration rights and multiple currency transactions. This will help reduce dramatically the operator’s time-to-market and subsequent time-to-settlement.
The new features and benefits available of Symphona V9.1 will enable:
- A telecom operator to upgrade network components quickly and thereby manage and properly bill for new, next-generation service rollouts;
- Quick settlement of outstanding payments through automated and instantaneous traffic correction at summary level thus eliminating the typical delays associated with slow processing of CDRs;
- Implementation of tariff rate agreements in multiple currencies that can be imported directly into the interconnect billing system;
- Settlement of a bill from an operator in multiple currencies if required for different geographies and services.
Geoff Ibbett, Director of Product Management at Subex Azure, said: “With Symphona V9.1 telecom operators can experience faster and smarter operations as they rollout high-margin services that require exact tracking and reconciliation with third-party content and services. This new version provides simplicity in a highly complex network environment where technology changes with the blink of an eye.“
Symphona V9.1 is available immediately.
About Subex Azure Ltd
Subex Azure Limited is a leading vendor of revenue maximization solutions for telecom operators. Subex Azure pioneered the strategic concept of Revenue Operations Center (“ROC”) for telecom operators, which is a centralized and integrated platform from which operators can assess, address and correct all aspects of their revenue maximization processes. Subex Azure’s Rocware™ is an integrated suite of software solutions that powers the ROC.
Subex Azure’s customers include 23 of the world’s 40 largest telecom companies by revenue, and it currently serves, or has served, over 150 customers spread across more than 70 countries.
Subex Azure has been included in the prestigious Deloitte Technology Fast 50 India 2006 and Deloitte Technology Fast 500 Asia Pacific 2006 lists of companies, reaffirming its growth and leadership status.
Subex Azure has offices in Bangalore, Beijing, Denver, Dubai, Ipswich, London, Ottawa, Singapore and Sydney.
Forward Looking and Cautionary Statements
Certain statements in this release concerning Subex Azure’s products, strategy and future growth prospects are forward -looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward -looking statements. The risks and uncertainties relating to these statements include, but are not limited to, market acceptance of Subex Azure’s products and services, Subex Azure’s ability to implement its growth strategy, competition in Subex Azure’s areas of business and general economic conditions affecting the telecom industry.
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