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January 16, 2009

Zon to Deploy ECtel's Fraud Management Solution


By SIP Trunking Report Contributing Editor



FraudView 8.2, ECtel's fraud management solution, has been selected by ZON Multimedia, Portugal's largest triple-play (TV, Broadband Internet and Fixed Telephony) operator to protect revenue through real-time detection and prevention of fraud losses.

This was announced by ECtel Ltd, a global provider of Integrated Revenue Management (IRM) solutions for wireline, wireless, converged and next-generation operators.
Explaining the process of selection, officials said ECtel's solution was selected over several competing systems because of its sophisticated capabilities and superior performance.
"ECtel's FraudView provides us with the tools to maximize our revenue potential and prevent fraud losses critical in a fast growing company such as ours," said Mr. Filipe Rodrigues, Director, Central Finance Department, Zon Multimedia.
Rodrigues added that his company required solutions that provided innovation and flexibility so that they could maintain their position as a leading communication provider. Clarifying the reasons behind the selection of ECtel, he added that only ECtel's solutions had been able to offer them a comprehensive fraud management solution.
According to ECtel, telecom fraud accounts for losses ranging from 3-8% of annual revenues and more companies are looking for a comprehensive fraud management solution. Company officials said that FraudView enables real-time detection and prevention of numerous fraud types, both internal and external, allowing its users to stem revenue losses across all business lines and services.
By choosing ECtel's FraudView 8.2, ZON Multimedia is now equipped with state-of-the-art fraud detection and prevention technologies, including risk management capabilities, new subscriber evaluation, best in class network traffic and usage monitoring.
"We are excited to work with ZON Multimedia, one of Europe's leading communication providers, as we continue to place substantial emphasis on this fast-growing region," said Itzik Weinstein, President and CEO of ECtel.
He added that the order from Zon for the new release of FraudView further reinforced that ECtel’s solutions would help generate significant revenue.
Established in 1990, ECtel offers carrier-grade solutions that enable communications service providers to fully manage their revenue and cost processes. ECtel serves prominent Tier One operators, and has more than 100 implementations in over 50 countries worldwide.
ZON Multimedia is Portugal's second-largest telecommunications firm, with over 1.5 million subscribers and 100% geographical Pay TV coverage in over 2.7 million homes. The company is the second largest Internet provider with the fastest Internet speeds in Portugal of up to 30 Mbps.

Nitya Prashant is a contributing editor for TMCnet. To read more of Nitya's articles, please visit her columnist page.

Edited by Jessica Kostek