HONG KONG, March 19, 2025 /PRNewswire/ — VOX Solutions, a pioneering force in the telecommunications industry, proudly announces its recognition as a Tier 1 vendor in ROCCO’s 2025 SMS Monetization Market Impact Report. This prestigious acknowledgment is based on insights from 278 Mobile Network Operators, who evaluated the top providers in SMS monetization across 30+ key performance indicators. Out of 28 rated vendors, VOX Solutions has been ranked Tier 1.

ROCCO’s annual report is widely respected for its comprehensive analysis of the SMS monetization landscape, evaluating vendors on key criteria such as reliability, customer service, flexibility, and value for money. Earning Tier 1 status underscores VOX Solutions’ commitment to excellence and its leadership in driving innovation within the telecom sector.

In the past year VOX Solutions delivered groundbreaking results, blocking over 300 million gray route SMS attempts, stopping 100 million flash call gray routes, eliminating 20 million artificial inflation of traffic (AIT) and other fraudulent attempts, resulting in over $100 million in cost savings and revenue protection for their MNO partners. These achievements don’t just represent numbers, they reflect the company’s unwavering commitment to protecting networks, securing revenues, and ensuring a safer telecom ecosystem for their partners and their subscribers.

“We are honored to receive this recognition from ROCCO and the global telecom community for the second time in a row,” said Ehsan Ahmadi, CEO of VOX Solutions. “This achievement reflects the dedication, expertise, and relentless drive of our team to deliver outstanding solutions. We remain focused on innovation, ensuring that our services not only meet but exceed the evolving demands of the industry.”

Jason Bryan, CEO of ROCCO, commented on the recognition: “VOX Solutions has been ranked Tier One in ROCCO’s SMS Monetisation Market Impact Report for the second year running. Operators around the world have praised the value for money of their monetisation solution. MNOs also emphasise their strong Global market intelligence of A2P Pricing and being an innovative vendor.”

As a trusted partner for telecom operators globally, VOX Solutions provides cutting-edge SMS monetization solutions that enable MNOs to maximize A2P (Application-to-Person) SMS revenue while maintaining the highest standards of security and compliance. By leveraging advanced technology and a customer-centric approach, VOX Solutions continues to shape the future of SMS monetization, empowering operators to unlock new growth opportunities.

About VOX Solutions:

VOX Solutions simplifies, improves, and optimises Voice and SMS channels using the latest innovations in technology. The company enables mobile operators to monetize their A2P services in a sustainable way, leveraging proprietary technology.

VOX Solutions utilises its multi-award-winning anti-fraud technology, VOX-360, to offer a reliable, accurate and real-time view of operators’ voice and SMS services. By partnering with operators, VOX Solutions provides secure & reliable 2FA services to enterprises, globally.

For MNOs, VOX Solutions is focused on monetization of SMS and Voice services, being the first company in the market to offer a Flash Calling (Voice A2P) end-to-end solution.

For the enterprise segment, VOX Solutions focus on A2P messaging, A2P & P2P Voice, while also providing solutions focused on Cloud Communications.

Its unique VOX-360 solution also won numerous global awards for the anti-fraud, flash call authentication and AI/ML innovations.

http://www.voxsolutions.co

About ROCCO:

ROCCO was founded in 2012 and from its conception has been a catalyst for innovation with Research, Consultancy and Education for the telecoms industry. Creating reports on Roaming, Messaging and Fraud and Security, ROCCO delivers on-demand training and strategic consulting which together provide a rich foundation on which to build strategic excellence. With ROCCO’s insights, Mobile Operators, their vendors and Enterprises globally can face connectivity challenges more robustly.

www.rocco.group/

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Partnership to Finance and Sell 3,000 Affordable Homes under PMAY within Maharashtra

MUMBAI, India, March 19, 2025 /PRNewswire/ — IIFL Home Finance Ltd., India’s leading affordable home finance companies, today announced a strategic partnership with Maharashtra Housing Development Corporation Ltd. (MHDC) to promote affordable housing projects and facilitate home financing in Maharashtra. The collaboration, formalized through a Memorandum of Understanding (MoU) signed in the presence of Mr. Monu Ratra, IIFL Home Finance along with officials from MHDC, which aims to accelerate the sale of approximately 3,000 tenements under the Pradhan Mantri Awas Yojana 2.0 (PMAY 2.0) within the state.

The partnership leverages MHDC’s housing projects and IIFL HFL’s widespread experience in home financing to make homeownership more accessible to the Economically Weaker Section (EWS) and Lower Income Groups (LIG) of the society. The memorandum signed between two entities aligns with the Government of India’s vision of “Housing for All” and reinforces both organizations’ commitment to affordable housing and financial inclusion.

Mr. Monu Ratra, CEO and ED, IIFL Home Finance Ltd., comments on the partnership, “Our collaboration with MHDC marks a significant step toward making homeownership a reality for thousands of families across Maharashtra. By combining MHDC’s housing initiatives with our financial expertise and digital-first approach, we are building a robust ecosystem that supports affordable housing in the state. This partnership reflects our commitment to financial inclusion and aligns with the government’s ‘Housing for All’ initiative. Through MHDC’s extensive network, we aim to reach even the most remote corners of the state, making affordable housing more accessible and simpler for people.” 

Officials at MHDC added that the partnership with IIFL Home Finance is a crucial step towards MHDC’s mission to provide quality and affordable housing to the people of Maharashtra. By integrating IIFL HFL’s financing solutions with MHDC’s housing projects, they are simplifying the path to homeownership for thousands of families. Together, they are not just building houses; they are building communities and contributing to the economic growth of the state.

By combining IIFL HFL’s financial expertise with MHDC’s deep-rooted presence in Maharashtra, this initiative is set to make a real impact on affordable housing and contribute to the state’s economic growth.

About IIFL Home Finance Ltd.

IIFL Home Finance is technology driven retail focused housing finance company with the primary focus on providing loans to first time home buyers in the economically weaker sections (“EWS”) and low-income group (“LIG”) group. We provide loans to customer in the suburbs of Tier 1 cities and Tier 2 cities and to customers residing in Tier 3 and Tier 4 cities in India where the collateral is the existing or self-occupied residential property. The Company serves salaried and self-employed customers which account for 53.18% and 46.82% of our AUM as of September 30, 2024, respectively. We have served over 4,27,048 customers as of September 30, 2024. 

The Company offer customers a range of mortgage-related loan products, including (i) housing loans, for purchase of ready built residential units, under construction property by approved builders, self-construction, home improvement on pre-owned property and purchase of land for construction of residential property; (ii) secured business loans, for primarily meeting working capital requirement, business use and purchase of commercial property; and (iii) affordable housing project loans, to meet construction expenses of affordable housing projects of reputed developers. Housing loans, secured business loans and affordable housing project loans contribute 77.30%, 20.42% and 2.28% of our AUM, as at March 31, 2024, respectively and 78.48%,19.40% and 2.12% of our AUM, as at September 30, 2024, respectively.

Company’s AUM has grown at a CAGR of 22.60% from ₹23,617.37 crores as at March 31, 2022 to ₹35,498.55 crores, as at March 31, 2024. As on September 30, 2024, our AUM stands at ₹ 37,098.39 crores. As at March 31, 2024 and September 30, 2024, our Gross NPA expressed as a percentage of our AUM was 1.32% and 1.45%, respectively, and our Net NPA expressed as a percentage of our AUM was 1.02% and 1.14%, respectively. We have a widespread network of 387 branches in 18 states and 2 union territory as of September 30, 2024.

Company’s focus states include Delhi NCR, Gujarat, Andhra Pradesh, Telangana, Madhya Pradesh, Karnataka, Rajasthan, Maharashtra and Tamil Nadu. As a technology driven housing finance Company, the Company endeavours to make customer experience as seamless as possible. The approach has always been digital first and have made the entire life cycle of housing loans i.e., from origination to closure, completely digitized. The Company have also adopted technology in all our other business processes including customer service, collections, underwriting and monitoring asset quality. With strong in-house digital capabilities and efficient processes across business functions, we provide enhanced customer experience, enhanced transparency and sustainable growth.

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IBM Consulting will deliver comprehensive, cost-effective managed services supported by IBM’s watsonx to Finastra clients in North America and Europe

LONDON and NEW YORK, March 19, 2025 /PRNewswire/ — Finastra, a global provider of financial services software applications, and IBM (NYSE: IBM) today unveiled their collaboration on an enhanced cloud-based lending managed services offering. Finastra’s Lending Cloud Service (LCS) offers comprehensive and cost-effective services for its Corporate Lending solutions — Loan IQ, Trade Innovation and Corporate Channels – and is supported by IBM for Finastra clients in North America and Europe.

Steve Moe, Head of Technology for Lending at Finastra said, “We are excited to make this announcement as it demonstrates momentum in continuing to provide seamless digital lending solutions to our customers. Part of our approach champions collaboration and tapping into partner core capabilities, and that’s what we are doing here. Working with industry giants like IBM gives us huge scale, credible skills and a reliable and quick path to implement offerings that deliver value at speed for our customers.”

IBM is providing design and implementation for LCS, leveraging its generative AI for enterprise platform, watsonx, as part of operationally focused IBM Consulting assets, to more efficiently and resiliently manage the new platform. IBM will also provide ongoing services to Finastra’s LCS clients in North America and Europe with the aim of helping Finastra continue to grow its business.

Shanker Ramamurthy, Global Managing Partner Banking & Financial Markets at IBM Consulting said, “The global banking community is increasingly recognizing the imperative of leveraging exponential technologies, such as generative AI, the flexibility, resilience and security of hybrid cloud, and the exceptional access a robust ecosystem can deliver. The combination of these elements is a truly powerful competitive advantage. IBM is pleased to collaborate with Finastra on its modernized Lending Cloud Service, leveraging Microsoft Azure, which delivers a valuable offering, that provides greater value, automation, resiliency and generative AI powered insights and actions to its corporate clients.”

The Lending Cloud Service is delivered on Microsoft Azure and harnesses Finastra’s financial services technology expertise and excellence, and proven mission-critical solutions. A cornerstone of the new LCS is Service Value Management (SVM), a customer first, continuous improvement, value-based approach to managing customers’ cloud transformation journey. Combined with IBM’s established and reliable scalability, availability, and deep application management knowledge, users can benefit from:

Quick deployment via a most valuable scope and pre-configured standing serviceSimplified and standardized system and business processes via service automation and toolingEnhanced value through the economics of cloud and additional features of the applicationOngoing conformance with market protocols and applicable financial services industry standardsDeep knowledge and expertise in application management for infrastructure management and resiliency delivered by IBM Consulting

The LCS complements the Finastra suite of leading solutions for end-to-end loan management. For more information click here.                                

Finastra.com 

About Finastra
Finastra is a global provider of financial services software applications across Lending, Payments, Treasury and Capital Markets, and Universal (retail and digital) Banking. Committed to unlocking the potential of people, businesses and communities everywhere, its vision is to accelerate the future of open finance through technology and collaboration, and its pioneering approach is why it is trusted by ~8,100 financial institutions, including 45 of the world’s top 50 banks. For more information, visit finastra.com.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service.  Visit www.ibm.com for more information.

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