Edcon selects Model Builder for portfolio management strategies

Edcon, Africa`s largest fashion retail group, has selected Model Builder for Decision Trees for enhanced data-driven TRIAD account management strategies.

Model Builder for Decision Trees, from Fair Isaac International, is analytical software which examines historical customer data and results. The relationships and patterns that are discovered by MB4DT are then used to predict future customer behaviour. MB4DT enables the development of new data-driven account management strategies, which can be applied to all aspects of a portfolio, including credit limit management, delinquent and overlimit collections, authorisations and performance-based pricing.

Ian Wood, Group Credit Executive at Edcon, states: "MB4DT is exciting new analytical software which will provide us with the tools for analysing, building and automating more profitable strategies across our entire credit portfolio. We look forward to the lift that this new software will bring to our TRIAD strategies."

Dave Lewis, Director of Consulting at PIC Solutions, adds: "Model Builder for Decision Trees 2.0 represents a major advancement in the development of CART-based analytical software. It is a highly flexible tool which uses data to visualise and enable rapid design of more profitable credit and risk strategies. MB4DT, combined with PIC Solutions strategy consulting, will provide Edcon with a significant boost to the profitability of their account management strategies."