Business Technology

Syniverse Delivers Cloud-based Fraud Protection and Revenue Assurance to Ooredoo Maldives PLC

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Ooredoo Maldives is leveraging Syniverse’s global, reliable and secure platform to protect the operator against mobile roaming fraud and more accurately collect revenue for services across its operations.

“Critically, to combat today’s fraud and revenue leakage effectively, operators must be able to respond to threats in real time and understand behavior patterns on a global level,” said Nour Al Atassi, Regional Vice President and Managing Director, Middle East and Africa. “The increasing sophistication of cyberattacks along with the rise of new technologies like the Internet of Things (IoT) makes it imperative that mobile operators have a comprehensive fraud-protection and revenue management strategy in place.”

The fraud protection capabilities Syniverse is providing Ooredoo Maldives are grounded on predictive analysis and a global approach that will enable the operator to combat a range of mobile fraud using patented analysis technology and high-speed processing of event records to prevent and respond to particular patterns. Syniverse’s revenue management provides the operator with clear and accurate data on its entire revenue flow, enabling Ooredoo Maldives to identify any problem areas in the end-to-end billing cycle that can be optimized to help eliminate revenue loss.

“The volume and complexity of new services and network technologies are making it harder for operators to detect and protect themselves from revenue and fraud threats,” said Ramanathan Sivakumar, Chief Financial Officer of Ooredoo Maldives. “Syniverse’s secure platform provides us with immediate access to the critical information needed to proactively combat any problem areas in our revenue chain and strengthen our financial performance from end to end in an efficient and cost-effective manner.”

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The agreement with Ooredoo Maldives furthers a multiyear relationship that includes the use of Syniverse’s Data Clearing Services, Financial Clearing and Settlement Services, and Near-Real-Time Roaming Data Exchange solutions. The relationship also builds on a larger global relationship with Ooredoo that includes the recent integration of Syniverse’s LTE roaming solution for Ooredoo Oman and Syniverse’s IPX with Diameter Signaling Service for Ooredoo Qatar.

Full details are available from the link below:

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