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Leading Venezuelan Operator Calls on cVidya and Huawei to Bolster Fraud DefensescVidya, a leading provider of Revenue Analytics solutions for digital and communications service providers (CSPs), and Huawei, a leading global information and communications technology solutions provider, today announced a joint effort to expand and upgrade the Venezuelan operator’s Fraud Management solution. The leading Venezuelan telecommunications operator commissioned the upgrade to enable the processing of increased network usage data in line with the Government’s new security requirements. The latest version of cVidya’s FraudView solution will enable the Venezuelan operator’s analysts to track every data record (xDR) generated by its network and billing systems to quickly identify and address fraudulent activity, saving the CSP both time and money. Huawei is supplying the necessary hardware and third-party software to facilitate the upgrade of FraudView as cVidya is a key partner with the company’s NGBSS portfolio solutions. To simplify deployments, Huawei has pre-integrated cVidya’s FraudView with its leading CBS R5 Convergent Billing System and network infrastructure. In support of the upgrade, cVidya is also providing the Venezuelan operator’s staff with both basic and advanced fraud e-learning courses. “We have developed our Fraud Management solutions to be progressively more powerful and sophisticated in the six years since the Venezuelan operator first became our customer,” said Alon Aginsky, CEO and President of cVidya. “Once Huawei has integrated the new version of FraudView into the network switches and billing systems, the Venezuelan operator will be very well-equipped to counter fraudulent activity and ultimately save millions of dollars.” “Huawei’s extensive expertise in real-time charging, customer care, billing and network infrastructure, coupled with cVidya’s industry-leading solutions, can quickly save CSPs money while boosting the bottom line,” said Lee Yee, Vice President, Carrier Software Business Unit. “Our first full deployment for the Venezuelan operator took only nine months and realized a return on investment in less than 12 months. We expect this new upgrade to also deliver major business benefits.” Equipped with a compound rules engine, the new version of FraudView can detect complex fraud scenarios while its analytical detection engine supports advanced, near real time statistical analysis. A flexible and powerful reporting platform is also embedded in the new solution, significantly improving the system's detection and investigation capabilities. As a community-building service, TMCnet allows user submitted content which is not always proofed by TMCnet editors. If you feel this entry is of inferior quality or wish to report it for some reason, please forward the URL to "webedit [AT] tmcnet [DOT] com" with your comments. |