ACET Processing, the specialist third-party processor of Accounts, Customers, Events and Transactions, has scored another first in Africa by implementing the most advanced version of the TRIAD account management system, from Fair Isaac and Company.
TRIAD has become the standard for credit grantors worldwide and enables sophisticated credit, risk and marketing strategies, using behaviour scoring to forecast future performance. Through a controlled Champion/Challenger testing environment and detailed reporting generated by the system, clients are able to accurately assess the performance of competing strategies and make rapid changes to adapt to changing consumer behaviours and economic conditions.
ACET Processing will be providing the TRIAD account management functionality within a third party processing environment and is the first organisation in Africa to have implemented this multi-client version of TRIAD. What makes the ACET Processing TRIAD system unique is that not only is it the first of its kind in Africa but it is also one of the most sophisticated account management systems in the world. By utilising all seven modules of TRIAD 7.0, clients now have the opportunity to make decisions on their customers across the entire portfolio management spectrum. This includes: authorisations, delinquent collections, overlimit collections, reissue, credit limits, portfolio marketing and account-level re-pricing. In addition, multiple scorecards are available to enhance data-driven decisions, including pooled behaviour scorecards, attrition and propensity to spend models.
Mike Crawley, Director of Software Services at ACET Processing states, "This combination of multi-client TRIAD 7.0 and VisionPLUS 8.12 offers clients in Africa unrivalled access to world-class credit management technology. With the impressive results achieved by over 150 TRIAD users worldwide, clients will be able to realise the major benefits improved account management strategies will bring. TRIAD and VisionPLUS are a long-established winning combination and ACET Processing clients in Africa will benefit from the largest, most feature-rich, TRIAD-VisionPLUS offering in the world."
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ACET Processing provides third party processing for Accounts, Customers, Events and Transactions. With offices in Cape Town and Johannesburg, we offer clients across Africa access to both the VisionPLUS(r) account processing system and the TRIAD account management solution. ACET Processing is jointly owned by PIC Solutions, the largest risk management consultancy based in the Southern Hemisphere and PaySys International, a wholly owned subsidiary of First Data Corporation. Through this unique combination of proven state-of-the-art credit and risk systems, world-class third party processing expertise and established customer management solutions, ACET Processing provides clients across Africa with an unsurpassed range of services. For more information, please visit the ACET Processing website at www.ACETProcessing.com
Fair Isaac
Fair Isaac Corporation (NYSE: FIC) is the pre-eminent provider of creative analytics that unlock value for people, businesses and industries. The company`s predictive modelling, decision analysis, intelligence management, decision management systems and consulting services power more than 25 billion mission-critical customer decisions a year. Founded in 1956, Fair Isaac helps thousands of companies in over 60 countries acquire customers more efficiently, increase customer value, reduce fraud and credit losses, lower operating expenses and enter new markets more profitably. Most leading banks and credit card issuers rely on Fair Isaac solutions, as do insurers, retailers, telecommunications providers, healthcare organizations and government agencies. As of August 5, 2002, the business of HNC Software Inc., a leading provider of high-end analytic and decision management software, is part of Fair Isaac. For more information, visit www.fairisaac.com
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