PIC Solutions, a leading international credit lifecycle analytics consultant, today announced an expansion of its alliance with Fair Isaac Corporation, the global leader in predictive analytics, decision management and credit management solutions, to include Fair Isaac`s Strategy Science offering.
Fair Isaac`s Strategy Science offering is a new breed of advanced optimisation technologies and decision analytics that significantly improves business performance by expanding the application of analytics beyond predictions to decisions. It is a precise, data-guided methodology that combines advanced decision analytics, state-of-the-art optimisation, visualisation, simulation and strategy design as well as TRIAD strategy and domain expertise consulting.
This leading and market proven analytical solution is currently in use in more than 70 applications at over 30 different financial institutions throughout the world. Most of the top 10 credit card issuers in the US and UK have implemented Strategy Science to optimise business results through the credit lifecycle in acquisition, account management, fraud detection, customer retention and collection strategies. Typical improvements in profit range between 10% and 35%.
Stephen Leonard, Managing Director of PIC Solutions, states: "We are delighted to expand our reseller relationship with Fair Isaac to offer Strategy Science to organisations based in Africa and the Middle East. Strategy Science is the next great leap forward in advanced risk management technology. This combination of Fair Isaac analytics and PIC Solutions` consulting expertise will ensure business will match or exceed those that have already been generated in Europe and North America."
Lori Sherer, Group Vice-President for EDM Analytics, adds: "Our strategy optimisation methodology is unmatched in the industry and so are the results being achieved by clients. With Strategy Science, organisations can rapidly implement data-driven, Champion/Challenger strategies that maximise profitability under multiple business constraints. PIC Solutions has a large consulting team and with its TRIAD expertise it makes sense to now make Strategy Science available to clients in the Africa and Middle East region, as part of our plan to expand Strategy Science into new geographical markets."
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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 and 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 your business. www.PICSolutions.com
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