XINTEC S.A., the world’s fastest-emerging provider of telecom fraud and revenue assurance solutions, today announced the release of its brand new low-cost fraud management system FMSevolution™.
FMSevolution™ embodies a new approach in tackling fraud and revenue losses for communications service providers (CSPs) worldwide – a phenomenon understood to be costing the global industry over USD 80 billion annually. The software platform is the very latest in a series of highly innovative and successful XINTEC products designed for small- to mid-tier markets.
Simple in concept, FMSevolution™ strips away the unnecessary “bells and whistles” of many traditional fraud management systems available today, while at the same time offering the fraud analyst a feature-rich and user-friendly interface for tracking and preventing abuse in real time.
The majority of CSPs around the world are ill-equipped to combat fraud, and have inadequate resources to deal with investigations and law-enforcement cases. Putting the right system in place is an essential weapon in winning the fight against fraud and organised crime. “Many time-consuming processes can quickly be automated, leaving the fraud department free to concentrate on more strategic upstream tasks such as ensuring adequate security is built into new product releases in the first place” commented Sean Killeen, XINTEC CEO.
FMSevolution™ goes a long way in lowering costs and protecting the revenues’ of CSPs. So the wins are clear on two fronts: increasing the operational capabilities of CSPs whilst providing greater protection from the ever increasing risk of financial losses.
For the technical reader, the FMSevolution™ features include segmentation and subscriber data drill-down to IMSI/MSISDN level. Fully automated processing of CDR files supported by a powerful ETL engine will handle pre- and post-paid fraud types. Built-in statistical functions will detect SIM boxes and raise alarms to stop interconnect bypass fraud. The number of profiles FMSevolution™ can support is unlimited. With increased reporting functionality including a flexible dashboard, multiple graphical layouts and open data formats, and the real-time email notification of fraud detection reports, etc.
FMSevolution™ is a modular system, giving the CSP the flexibility to pick and choose from a selection of detection modules designed to address specific fraud types, but with the option to add new detection modules as and when required. This high-performance solution is fully scalable, and is ideally suited to the mid-tier CSP segment.
About XINTEC S.A.
Established in 2007, XINTEC offers expertise and core technical development skills in the areas of Fraud Management, Revenue Assurance and Roaming, including NRTRDE. The company serves mobile and fixed-line telecommunications companies around the world, and is focused on helping its clients protect their profitability.
XINTEC is a member of GSM Association, and an active participant in multiple industry working groups and subject-specific subgroups such as the Fraud Forum Revenue Assurance group.
If you would like more information please contact:
Meg Carpenter: (+352) 35 78 28 – 1
meg.carpenter@xintec.com
www.xintec.com