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Amdocs and ECtel launch joint fraud detection and prevention offering

2008-06-05 11:03:26

ECtel Ltd, a provider of Integrated Revenue Management™ (IRM™) solutions, has joined forces with Amdocs, a provider of customer experience systems, to deliver a state of the art fraud detection and prevention system, based on ECtel's fraud prevention product -- FraudView®, and Amdocs' system integration services.

Communication service providers continue to be challenged by growing fraud, resulting in revenue loss (see in-depth Fraud Report in VanillaPlus Magazine's June issue). In addition, fraudulent activities can lead to increased churn as customers seek providers that can deliver a flawless service experience.

Designed to meet the needs of wireline, wireless, convergent and next generation service providers, FraudView is the market’s leading and most comprehensive fraud management solution. FraudView goes beyond traffic and usage monitoring, allowing advanced detection of fraudulent activity as part of customer acquisition, credit risk management and new subscriber evaluation processes.

The Amdocs-ECtel offering incorporates ECtel’s FraudView and I-Probe™ technology. FraudView provides comprehensive fraud detection capabilities such as a sophisticated real-time fraud rules engine, advanced score cards, velocity and collision engine, subscriber profiling and evaluating capabilities, advanced neural models and credit limit monitoring. When integrated with I-Probe, FraudView allows operators to enjoy unbiased and independent probe-based CDR coverage and real-time collection, with optional call blocking and in-band analysis.  This provides customers with superior capabilities for real-time monitoring and preventing fraud.

"The joint offering from Amdocs and ECtel combines ECtel’s state of the art products with Amdocs’ unrivalled delivery track record and deep knowledge of the service provider’s operational systems environment and business processes,” said Itzik Weinstein, president and CEO of ECtel.  “This combination creates one of the leading fraud solutions available for service providers today, providing the best software out there while ensuring it can be deployed at low risk and cost-efficiently.”

Filed under: New Products Company News Fraud & Revenue Management