Bangalore-based Subex Ltd has informed that the company has won a contract from Fintur Group, a major mobile operator consortium located across Eastern Europe and Central Asia, to deliver Fraud Management solutions across all its group companies.

Nikira Fraud Management System that detects known fraud types and patterns of unusual behavior, helps the operator to investigate unusual patterns for potential fraud, and uses the knowledge to upgrade and protect against future intrusions.

The project is being integrated by Gantek Technologies. Gantek acts as the turnkey solution provider for the whole deployment. The deployments will initially start with Moldcell (Moldova), Geocell (Georgia), Azercell (Azerbaijan) and Kcell (Kazakhstan).

After a thorough evaluation process, Subex was selected to deploy its Nikira Fraud Management system, a key component of the strategic Revenue Operations Center (ROC), across the four operators with a further three to follow during the course of the coming months. The implementation will be done by Gantek who is a leading ICT provider in the region. Subex and Gantek have been partnering together in several projects especially in the Revenue Management domain.

Subex's net profit surged 259.48% to Rs 5.50 crore on 36.70% growth in net sales to Rs 65.97 crore in Q3 December 2007 over Q2 September 2007.