Absa Bank, one of Africa`s largest financial services institutions, has expanded its consulting relationship with PIC Solutions by signing a RiskMentor retainer contract.
This RiskMentor contract ensures that Absa Bank has access to professional resources from any area of PIC Solutions expertise. This includes credit risk management consulting, analytics, project management and software services. The RiskMentor service is on a retainer-basis and ensures maximum productivity, combined with fixed monthly budgeting.
This consulting contract will cover a year of support for the bank and it is planned that the PIC Solutions risk consultants will work across a wide range of banking decisions.
Tjaart van der Walt, General Manager Credit Systems & Technology at Absa Bank, comments: "The banking environment is constantly changing and clients` needs are changing with it. This has created a great opportunity to expand our target market and product offering. We have enjoyed a close working relationship with PIC Solutions for a number of years and this RiskMentor contract will provide Absa with an innovative means of obtaining consulting expertise, whenever it is required." Dave Lewis, Director at PIC Solutions, adds: "We are pleased that Absa Bank has recognised the credit risk management and analytical skills that PIC Solutions offers to the banking industry and we look forward to working with Absa in this expanded relationship, on an ongoing, proactive basis."
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