PRZOOM - /newswire/ -
London, United Kingdom, 2007/08/06 - Subex Azure Limited, a leading global provider of OSS solutions for telecom operators, today announced the launch of Concilia™ V9.2, the latest version of its leading Interconnect Billing System.
Part of the Rocware™ suite of revenue maximization solutions, Concilia enables operators to quickly and accurately settle interconnect agreements with their network partners, allowing them to manage costs and revenues much more effectively. Concilia V9.2 has several new features, which include:
• Improved control and security in the settlement process by enabling authorization within the operator's organization. This further helps operators in tracking the settlement process by identifying any bottlenecks related to acceptance and disputes.
• Enhanced flexibility for billing managers through the inclusion of negative rates settlement.
• Ability to configure the bill profile type in the reference tables, which allows operators to include or exclude specific types of profiles from the settlement.
"With the onset of IP and content-based services, service providers and content resellers are looking for higher degrees of flexibility and automation in their wholesale settlement processes," said Mark Nicholson, Chief Technology Officer, Subex Azure Ltd. "We are helping providers reduce the number of iterations necessary to settle bills with partners through this latest version of Concilia."
Concilia V9.2 is market ready.
About Subex Azure Ltd
Subex Azure (subexazure.com) is a leading global provider of OSS solutions with a mission to empower telecom operators to achieve competitive advantage and deliver new service experiences to subscribers. The company pioneered the strategic concept of the Revenue Operations Center (ROC) - a centralized and integrated infrastructure for end-to-end monitoring, measurement and control of the operator's revenue chain - to foster operational dexterity and hence sustained profitability.
Subex Azure's software portfolio powers the ROC and its best-in-class solutions enable new service creation, subscriber-centric fulfillment, provisioning automation, revenue assurance & cost management, data integrity management, fraud management and interconnect/interparty settlement.
Subex Azure's customers include 32 of the world's 50 largest telecom operators by revenue. The company has more than 150 installations in over 60 countries. Subex Azure was named in the prestigious Deloitte Technology Fast 500 Asia Pacific 2006 list of companies, underlining the company's growth and leadership status.
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.