SOURCE: Connectiva

Connectiva

September 23, 2009 08:15 ET

Connectiva Signs North American Deal With Videotron to Combat Fraud, Revenue Leakage, Revamp Billing Verification

Connectiva's Revenue Optimization Solutions Gaining Significant Traction in North America

NEW YORK, NY--(Marketwire - September 23, 2009) - Connectiva Systems Inc., an award-winning provider of revenue and risk management solutions, today announced that Videotron, a leader in Canadian Telecommunications, will implement its ONEREViEW™ 5.0 platform.

With Connectiva's integrated Fraud and Revenue Management platform, Videotron can monitor traffic over its wireless, Internet, and cable services, effectively reverse and prevent revenue leakage and fraud vulnerabilities, and have more visibility and control over its revenue value chain.

Connectiva's analytics-driven application suite also enables operators like Videotron to offer new services with less risk and realize a better return on investment.

"Connectiva was a logical choice for Videotron because of the options and the flexibility its application offers. With this solution, Videotron will be able to reduce fraud and will enhance the integrity of its billing chain," said Yanic Brisson, director of revenue assurance at Videotron.

"The first priority for Videotron will be to use ONEREViEW™ 5.0 to combat fraud and revenue leakage effectively, and increase accuracy in billing verification," said Avi Basu, President and CEO of Connectiva Systems.

But Videotron also needed a solution for its future. To that end, Connectiva's solution will help Videotron better monetize its quadplay offerings, and to be more efficient, cost effective, and proactive with its Next Generation Network, according to Basu.

"Connectiva offers us an integrated solution that will grow with our next generation services," added Brisson.

About Connectiva Systems

Connectiva Systems is a revenue 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.

www.connectivasystems.com

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