Amdocs Announces Version 4.0 of Its Fraud Management Solution.Business & Technology Editors IBC IBC International Building Code IBC Iraq Body Count IBC Institutional Biosafety Committee IBC Inflammatory Breast Cancer IBC International Business Company IBC Independence Blue Cross IBC Insurance Bureau of Canada IBC International Broadcasting Convention Fraud and Revenue Assurance conference booth #11 MIAMI--(BUSINESS WIRE)--June 5, 2002 Version 4.0 provides complete, real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. fraud management support for prepaid/postpaid wireline, wireless, IP and next generation services Amdocs AMDOCS American Directories Operations & Computerized Systems (corporate care & billing software company) (NYSE NYSE See: New York Stock Exchange : DOX DOX Design of Experiments DOX Direct Operational Exchange ), the world's leading provider of billing and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. to the communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. , announced today the release of version 4.0 of the Amdocs Fraud Management solution. Amdocs Fraud Management 4.0 provides communications operators with a complete, end-to-end end-to-end a pattern of anastomosis in which severed ends are matched and united, in contrast with other patterns such as end-to-side or side-to-side. Usually applied to anastomosis of the intestine. fraud management system, incorporating advanced real-time capabilities to identify, track and minimize fraud across multiple lines of business, including wireline, wireless, IP and next generation voice and data services. "As next generation and advanced IP services emerge into the marketplace and as these services, payments and partner relationships become more complex, networks are increasingly becoming vulnerable to fraud, potentially accounting for millions in lost revenue," said Wayne Purboo, Vice President of Research and Development at Amdocs. "Amdocs Fraud Management system is a complete, real-time fraud detection solution, immediately identifying, tracking and resolving fraud. The system allows operators to capture lost revenue and maintain continual profitability, supporting limitless service growth as operators deploy next generation and advanced mobile commerce services." Amdocs Fraud Management 4.0 provides a single, converged, real-time fraud management solution for multiple lines of business including, wireline, wireless and next generation services. This robust application incorporates state-of-the-art detection, investigation, identification and resolution capabilities, allowing operators to enhance profitability by reducing lost revenue associated with fraud. The system utilizes multiple technologies such as adaptive systems An adaptive system is a system that is able to adapt its behavior according to changes in its environment or in parts of the system itself. A human being, for instance, is certainly an adaptive system; so are organizations and families. , machine learning, data mining, clustering, and other statistical and information theoretic techniques to monitor subscriber usage patterns and detect any abnormal usage. Amdocs Fraud Management automatically and dynamically learns user behavioral behavioral pertaining to behavior. behavioral disorders see vice. behavioral seizure see psychomotor seizure. profiles and adapts to changing behaviors. The system is capable of discovering new fraud patterns and is also capable of capturing specific expert knowledge in its rich knowledge base, as new next generation mobile services are introduced and potential instances of fraud increase. Key features of Amdocs Fraud Management 4.0 - Support for voice and data, wireless and wireline, prepaid and postpaid and next generation services: Amdocs Fraud Management 4.0 can process and analyze multiple types of external databases and platforms. Inputs can arrive from network nodes, circuit/packet probes, 3rd parties, security systems, prepaid/commerce platforms and customer care and billing systems. - Real-time and near real-time detection: Amdocs Fraud Management supports transaction-based, SS7 and file-based processing. - Field-proven unlimited scalability: Amdocs is the world's leading provider of billing and CRM to the communications industry. Amdocs systems have demonstrated their ability to process the high volume, high capacity demand of today's rapidly expanding marketplace. Amdocs Fraud Management scalable architecture has proven its ability to process millions of detail records per day. - Subscription fraud module: Amdocs Fraud Management 4.0 includes a dedicated module to cross-check new subscriber's usages against existing repositories of past fraudulent activities. About Amdocs Amdocs is the world's leading provider of billing and CRM to the communications industry. Amdocs has an unparalleled success record in project delivery of its mission-critical products. With human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. of more than 9,100 information systems professionals, Amdocs supports a global customer base. For more information visit our Web site at www.amdocs.com . |
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