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Neural Technologies Joins TRMA

By Meenakshi Shankar
TMCnet Contributor

Neural Technologies, a provider of risk management and business intelligence software solutions, has joined the Telecommunications Risk Management Association (TRMA).

The Telecommunications Risk Management Association (TRMA) is an industry forum for telecommunications risk management professionals to cooperate, understand, and share best practices related to uncollectible debt issues among its members.

The TRMA is a growing, diverse and global organization that delivers quality information forums and tools relevant to its members' changing and dynamic industries. The mission of TRMA is to promote cooperation within the telecommunication industry to effectively balance risk while reducing fraud and uncollectible for the benefit of industry and paying customers.

"We are excited to be part of the TRMA and look forward to collaborating with other TRMA members at future events," Ian Gebbett, chief executive officer of Neural Technologies USA, said in a press release.

Neural Technologies believes that belonging to such associations is a valuable opportunity to fully understand the fraud and bad debt challenges faced by organizations. The company is of the opinion that such knowledge will now help it to ensure its solutions are keeping pace with new risk challenges.

Furthermore, the company is committed to sharing its extensive knowledge- - gained from twenty years' experience of developing fraud, credit risk and collections management solutions -- to help fight fraud and bad debt.

The TRMA event schedule comprises a regular program of conferences plus a committee structure offering information sharing, formulation of policies and benchmarking. TRMA committees include: Fraud Team, Benchmarking, Communications, Education, Membership, Program, Regulatory and Business Affiliate.

As a proud winner of Global Telecoms Business Innovation Award in 2011, Neural Technologies has been providing advanced understanding of customer behavior, motivations, preferences and purchasing propensities, empowering organizations to optimize revenue in the areas of fraud management, credit risk assessment, customer attrition/churn reduction, targeted marketing, collections optimization, revenue assurance and anti-money laundering.

Earlier in February TMC (News - Alert) had reported that TRMA will honor John Tallarico, vice president of product management at SoundBite Communications (News - Alert), with the 2010 President's Award. The award, which was presented to Tallarico and fellow panel participants during the Special Event Reception at the TRMA Spring Conference, was primarily be for his role on a regulatory Panel, which happened to be the most highly evaluated session of 2010.