Fraud Management is the designated mechanism to detect, manage and assist in the investigation and prevention of every fraudulent step in a telecommunications operator’s network to the point of resolution. Fraud Management identifies abnormalities in data traffic patterns and reports suspicious practices that suggests fraudulent or irregular activity.Download Brochure
Fraud Management is the designated mechanism to detect, manage and assist in the investigation and prevention of every fraudulent step in a telecommunications operator’s network to the point of resolution. Fraud Management identifies abnormalities in data traffic patterns and reports suspicious practices that suggests fraudulent or irregular activity.
FROPS Fraud Management software prevents, detect and manage inconsistencies and illegal practices all in one single platform. By using this approach, it achieves greater accuracy and better predictive performance. FROPS is extremely powerful and has a user-friendly module, enabling the users to make and adjust the relevant indicators by themselves. FROPS Fraud Management software is the best solution for Telecom Companies, which operates independently and is not subject to other software environments, so that it allows the user to focus strictly on their core business and prevent revenue losses from fraudulent activities, before they occur with the implementation of FROPS.
Aggregating all of the data and by indexing structured and unstructured data in internal or external databases, we will create a single point of access to all the available information within the Telecom Company and all the outside available sources, which enables data matching and data mining for suspicious patterns. FROPS Fraud Management software, provides in-depth analysis, enabling effective and transparent operations in Telecom Companies.
In addition to using internal information to best effect FROPS’ exploits predictive analytics and behavioural information from sources such as the integrated FROPS-OSINT (Open Source Intelligence) which incorporates data from social networking sites (e.g. Twitter, Facebook, etc., blogs, Web, forums) industry and government data bases.
Statistical processing of findings for the purposes of Predictive Analysis and Machine Learning, operate in a way that the self-learning options are highly flexible and can be well managed by the user. Machine Learning capabilities combined with Artificial Intelligence enables efficient and early detection of fraudulent practices and an overview and control over the Telecom Companies abnormalities and deviations. Once those findings are processed and analysed, FROPS Fraud Management software saves this information and uses it in the next search.
Along with indexing structured and unstructured data, Key Fraud Indicators (KFI’s), Key Performance Indicators (KPI’s) and whistle blower lines allows Telecom Companies to perform consistent checks on potential fraudulent behaviour and revenue leakage, or loss of revenue within the interest area/segment. The high flexibility of indicators enables Telecom Companies to identify inconsistencies that can lead to potential revenue leakage and prevent it before it happens.
We not only enable rapid deployment of the FROPS system and quick launching for live usage, but also the FROPS solution is one the first that guarantees an ROI in 12 months after implementation. Being confident in that statement, based on market proven experience, we agree with the client on a contractual level, if the ROI does not come in 12 months, we are willing to return the invested resources back to the client.
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