WAKEFIELD, Mass., April 27, 2015 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), a global leader in cloud-based and in-network services enablement and monetization software solutions for communication service providers and growing enterprises, announced today that Informa Telecoms & Media, a leading analyst firm covering the converging worlds of IT, telecoms and media, has awarded Comverse its Policy Control Award. This honor recognizes the Comverse ONE Converged Billing solution as the industry's best integrated policy and charging platform. The award was presented at Informa's recent Policy Control Event in Berlin.
"Comverse was the first to tightly unify its BSS and Policy Management solutions to deliver Communication Service Providers with a single effective solution for monetizing data and delivering a superior broadband experience," said Denis Bernaert, Senior Vice President, Managing Director of the BSS business unit at Comverse. "The Comverse ONE Converged Billing solution including Policy has been successfully deployed by many customers around the globe. To receive this recognition from Informa further validates Comverse's industry innovation. We're extremely gratified by this honor."
The unified solution offers extended support for Online Charging (OCS) and Policy Manager (PCRF) integration with seamless communication at multiple levels including plan definition, real time alerts & promotions, unified subscribers' view and unified subscriber and network based analytics. This ensures multiple benefits including the ability for operators to deliver innovative and personalized offerings, and the ability to accelerate time to market with unified offer definition tools.
Comverse ONE supports the inclusion of online charging, including pre-integrated policy, into existing postpaid environments to address real/near-time business demands such as bill shock prevention, customer spend control and advanced monetization. Its complete BSS stack unifies critical business functions around a single data model, service-agnostic product catalogue, single security and maintenance approach, and open framework, delivering end-to-end support and process automation that is the foundation for today's business, charging and marketing agility.
Comverse provides true carrier-grade cloud-based and in-network monetization and revenue management software solutions that help global carriers and growing enterprises profitably enable the way people obtain and share digital experiences, today and tomorrow. We support digital lifestyles through a suite of proven and flexible solutions that includes managed BSS and Policy, Enterprise and Cloud Billing, and Digital Services, all guided by an experienced Managed Services offering, that ensure our customers gain competitive advantage. Comverse's customer base spans more than 125 countries with solutions successfully delivered to over 450 communication service providers and enterprises serving more than two billion subscribers. For more information, visit www.comverse.com.
Statements included or incorporated by reference in this press release may contain "forward-looking statements." There can be no assurance that any forward-looking statements will be achieved, and actual results could differ materially from forecasts and estimates. Important factors that could affect the company include the risks described in the section entitled "Forward-Looking Statements" Item 1A, Risk Factors" and elsewhere in the company's Annual Report on Form 10-K filed with the SEC on April 16, 2015 or in subsequently filed periodic, current or other reports. The company undertakes no commitment to update or revise forward-looking statements except as required by law.
CONTACT: Michael Grossi Comverse, Inc. firstname.lastname@example.org +1-781-224-8030