PIC Solutions has expanded its suite of scorecard development tools to include Fair Isaac`s Model Builder for Predictive Analytics.
Model Builder for Predictive Analytics is a graphical analytic development tool for rapidly developing scorecards, regression analysis models, weighting models and neural networks. Model Builder analyses historical data, such as past transactions and their outcomes, to find the relationships between historical patterns and future behaviour.
What makes Model Builder so unique is that it enables organisations to manage the entire modelling lifecycle in one integrated environment, from data preparation through model deployment and ongoing maintenance.
Stephen Leonard, Managing Director of PIC Solutions, states: "We are committed to delivering leading-edge analytic solutions to our clients. Model Builder for Predictive Analytics has been designed to provide organisations with the tools to make effective business decisions. This is the first time that Model Builder will be available in the Africa and Middle East region and our consultants will provide ongoing support to clients using this analytical tool. In addition, the PIC Solutions predictive modelling team will be using Model Builder as an in-house tool to develop custom scorecards for our clients."
Robert Duque-Ribeiro, Vice President of EMEA and LAC at Fair Isaac, adds: "Based on the success of our long-standing relationship with PIC Solutions, we have expanded the range of available Fair Isaac products to include Model Builder for Predictive Analytics. PIC Solutions is our alliance partner for Africa and the Middle East and there is a significant demand for an effective analytical development solution from organisations in this region."
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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 billions of 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 organisations and government agencies. For more information, visit www.fairisaac.com.
PIC Solutions
PIC Solutions provides customer management solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and marketing and have an established track record of success powered by solutions.
PIC Solutions is the Fair Isaac alliance partner for the Africa, Middle East region and from offices in Cape Town and Johannesburg, provides all sales and support for the entire suite of Fair Isaac products and services. This includes consulting, project management, integration services, first line software support and ongoing maintenance.
Our ongoing commitment is to enable clients to optimise the credit lifecycle of their business.
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