Motor Finance Corporation, one of SA`s most dynamic vehicle finance companies, has signed a contract with PIC Solutions to re-develop its application risk scorecards.
In this analytical project, members of the PIC Solutions Predictive Modelling team will develop new application scorecards and work closely with the MFC risk management department to ensure that the new risk models will generate improved results and decision-making.
MFC is a sophisticated niche vehicle finance company that has been using advanced risk management technology, credit bureau products and predictive models for a number of years.
Christo Otto, Executive Director, Credit and Risk at Motor Finance Corporation states: "We consider ourselves to be at the forefront of applied credit risk management technology and lending strategies in the car finance industry and are pleased to include PIC Solutions as our partner in this scorecard re-development project."
Bayan Dekker, Director of Predictive Modelling at PIC Solutions, adds: "We are delighted that MFC has selected us for the re-development of their application risk scorecards. PIC Solutions has set the benchmark for delivering value-add credit risk management expertise in the vehicle finance industry and we look forward to working with MFC, to ensure that these new scorecards provide significant business benefits."
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PIC Solutions is a specialist consultancy, providing customer management solutions to a wide range of blue-chip clients in the Europe, Middle East, Africa region. With over 500 years combined experience, PIC Solutions is the largest consumer credit solutions provider based in the Southern Hemisphere.
Our ongoing commitment is to optimise the credit lifecycle of your business.
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