KDnuggets : News : 2003 : n13 : item28 < PREVIOUS | NEXT >

Briefs

ECtel uses SPSS Data Mining Solution for Real-Time Fraud Detection

Global provider of monitoring solutions and revenue assurance applications reduces fraud for more than 150 telecom companies with Clementine�.

CHICAGO, July 8, 2003 - SPSS Inc. (Nasdaq: SPSS), a global provider of predictive analytics technology and services, announced that ECtel Ltd. (Nasdaq: ECTX) has integrated SPSS Inc.'s Clementine� data mining workbench into FraudView(tm), its fraud-detection application. ECtel, a global provider of monitoring solutions and revenue assurance applications for wireless, wireline and next generation networks, has incorporated Clementine to help deliver real-time fraud detection solutions to more than 150 telecommunications companies around the world. Clementine, SPSS Inc.'s industry-leading data mining solution, enables organizations to realize a return on their data investments by quickly turning volumes of data into useful information.

The worldwide telecommunications industry loses more than $12 billion dollars in revenue each year due to fraud, according to the Communications Fraud Control Association (CFCA), one of the leading international organizations for communications fraud control education and information. With the powerful combination of Clementine and FraudView, ECtel's real-time fraud management system, ECtel customers can instantaneously detect and stop telecommunications fraud - resulting in significant monetary savings. To date, more than 150 blue-chip telecom service providers worldwide, including national carriers in Germany, China and the United States, have turned to ECtel's FraudView to successfully inhibit fraud.

For more information, visit www.spss.com.


KDnuggets : News : 2003 : n13 : item28 < PREVIOUS | NEXT >

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