Oct 15, 2008
Connectiva Releases Integrated Revenue and Risk Management System
Product Suite on ONEREViEW™ 5.0 Platform
New York, NY - October 15, 2008
Connectiva Systems, Inc., a leading provider of revenue and risk management solutions for the telecommunications industry, today announced the launch and immediate availability of the ONEREViEW™ 5.0 Platform, eagerly awaited by existing global customers.
Connectiva's award-winning flagship ONEREViEW™ platform provides a complete set of building blocks needed for enterprise revenue and risk management systems.
The new platform integrates revenue assurance, fraud management, credit risk management, test-call generation, re-billing, and re-rating into one comprehensive enterprise revenue and risk management system. Until now, this multi-application platform approach has never been available.
"As the global economy crisis stresses revenue growth and profitability for telecom operators, ONEREViEW™ 5.0, with its integrated product suite, will allow them to manage a wider array of revenue risks more comprehensively than has been historically possible," said Avi Basu, CEO of Connectiva Systems.
ONEREViEW™ 5.0builds on Connectiva's groundbreaking "configure, not code" architecture philosophy, which allows service providers to customize to their specific requirements easily, without any intervention or assistance from Connectiva.
"Our belief that one-size-fits-all type of solutions will fall woefully short of telecom operators' requirements has been validated by the market," said Basu. The fully integrated product suite gives operators the ability to manage business based around their processes, with unparalleled visibility across their cost and revenue chain.
"As operators look to enterprise wide strategies to improve EBITDA and focus on margin and cost management, they need to leverage their risk management solutions to provide end-to-end business assurance and enterprise telecom analytics," said Jack Kundamal, Connectiva's COO. "Connectiva's product suite provides a rich data model that caters to a variety of targeted analytics."
ONEREViEW™ 5.0 offers one of the lowest Total Cost of Ownership (TCO) for revenue management systems, and tightly integrates three enterprise-grade applications into one product suite. These applications can either be deployed independently, or as one end-to-end solution. The core applications that have been integrated in ONEREViEW™ 5.0 are:
Connectiva AFFIRM™ - Revenue, Cost and Margin Assurance
Connectiva AFFIRM™holistically detects, identifies, and prevents revenue leakage across the entire revenue chain, from initial order to final settlement with customers and partners. Connectiva AFFIRM™ also allows operators to monitor the integrity of their assurance cycle by helping them implement a comprehensive framework, including: initial risk assessment; monitoring control points; best practices for problem resolution, as well as ongoing evaluation and improvement. Operators using Connectiva AFFIRM™ have reported a near-immediate ROI of millions of dollars, based on identified and recaptured revenues.
Connectiva INTEGRITY™ - Credit Risk Management
Connectiva INTEGRITY™ is a complete credit risk and exposure management solution that acts like a watchdog. It continuously monitors customer usage and payment patterns, then maps them against previous, known behaviors. These patterns are subsequently used by analytics engines to create different customer segments along various parameters. The system allows operators to acquire the right customers, maximize the customer value, and retain the profitable customers while managing risk throughout the customer life cycle. Connectiva INTEGRITY™ provides rapid situation analysis and case resolution, thus delivering improved ROI for operators.
About Connectiva Systems
Connectiva Systems is a revenue chain management software company whose solutions enable telecom operators to improve business performance, productivity and profitability. Connectiva's award-winning ONEREViEW™ is a multi-application platform for revenue assurance, fraud management, and risk analytics, which can either be deployed as an integrated suite, or as independent applications.
Companies that have partnered with Connectiva to identify and recover more than $500 million in leaked revenues include leading global service providers such as the Zain Group, Cable & Wireless, Bharti Airtel, Etisalat, Qtel Group, and BSNL, among others. Headquartered in New York, the company is privately held and has offices in London, Mexico City, Bahrain, New Delhi, and Singapore. Connectiva's Global Innovation Center is located in Kolkata, India. For more information, visit www.connectivasystems.com or send an email to media@connectivasystems.com