Subex Azure launches Concilia V9.2

Subex Azure Ltd on August 06, 2007 has announced the launch of Concilia^TM V9.2, the latest version of its leading Interconnect Billing System.

Part of the Rocware^TM suite of revenue maximization solutions, Concilia enables operators to quickly and accurately settle interconnect agreements with their network partners, allowing them to manage costs and revenues much more effectively. Concilia V9.2 has several new features, which include:

- Improved control and security in the settlement process by enabling authorization within the operator's organization. This further helps operators in tracking the settlement process by identifying any bottlenecks related to acceptance and disputes.

- Enhanced flexibility for billing managers through the inclusion of negative rates settlement.

- Ability to configure the bill profile type in the reference tables, which allows operators to include or exclude specific types of profiles from the settlement.

"With the onset of IP and content-based services, service providers and content resellers are looking for higher degrees of flexibility and automation in their wholesale settlement processes", said Mark Nicholson, Chief Technology Officer, of the Company. "We are helping providers reduce the number of iterations necessary to settle bills with partners through this latest version of Concilia".

The stock was trading at Rs.547, down by Rs.21.95 or 3.86%. The stock hit an intraday high of Rs.561.90 and low of Rs.545. The total traded quantity was 7320 compared to 2 week average of 17741.

Source : Equity Bulls

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