Fraud detection based on PSTN technology relies on analysis of Call Detail Records (CDRs), but CDRs are created after a call is completed. So by design, PSTN fraud systems can only detect a fraud attack after calls have ended and the CDRs are analyzed. This analysis technique is too slow. With VoIP technology, thousands of fraudulent calls can be made in minutes, generating thousands of dollars in losses before the first CDR is analyzed. TransNexus SIP Analytics® is different. It analyzes the call signaling before call setup and can automatically block or divert fraudulent calls in real time.
TransNexus is well positioned to thwart VoIP fraudsters. The company has been focused on VoIP routing, monitoring and analysis applications since its beginning. TransNexus was founded in 1997 at the dawn of the VoIP industry.
Fraud attacks on telephone networks have become just as relentless as cyberattacks on data networks
In addition to NexOSS, TransNexus also sells specialized tools for traffic reporting, quality of service monitoring and now fraud control. Dalton is bullish on the growth prospects of TransNexus's specialized tools. "Our specialized tools fulfill a targeted need, are simple to deploy and are highly cost effective. These new products are winning deals with new accounts that are using software from our competitors," says Dalton. This strategy has been most effective in the market for fraud management software. Dalton attributes TransNexus's competitive success to two factors. First, TransNexus focuses on solutions that provide unique and critical features for the products of market leaders in VoIP and unified communications, such as Oracle Acme Packet and Broadsoft. Second, TransNexus is first to market with innovated solutions such as SIP Analytics® fraud detection.