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PQ Business Intelligence targets credit risk with WhiteLight

By Business Connexion
Johannesburg, 16 Mar 2000

PQ , a Q Consulting division, has announced its partnership with analytic modelling specialist WhiteLight Systems, making PQBI the exclusive system integrator for WhiteLight`s analytic applications in South Africa.

WhiteLight develops analytic modelling tools that link a company`s business goals with analysis, action and results. Its global implementation portfolio includes some the world`s largest financial and corporate companies, such as Barclays , Bank of America, General Electric and Unilever.

The agreement is expected to address the growing demand for credit risk management using complex analytic models by financial corporates in South Africa and abroad.

PQBI divisional manager Gavin Lipshitz says traditional BI applications have a ceiling when analysing complex business models.

"By automating the steps of complex business decisions, analytic models go a step further than traditional OLAP analysis tools in decision-making," he explains. "They rapidly project the impact of business decisions in mission-critical environments - such as credit-risk management."

WhiteLight`s flagship Analytic Application Server is part of the new Integrated Decision Processing paradigm, considered by the Butler Group "the next and significant step forward in decision processing and support". "IDP sets itself apart from earlier analysis models by eliminating time-consuming and error-prone gaps in decision-making, creating tested decisions and linking analysis to action," adds Lipshitz.

WhiteLight EMEA MD Peter Beard says a higher level of analytic modelling has been required in South Africa for some time.

"With PQBI we can focus on all areas of financial and credit-risk management," he says. "The shift from traditional BI has been gradual but the demand for high-level analytic modelling is increasing and we can`t leave companies reaching this plateau in the lurch."

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PQ Business Intelligence

PQ Business Intelligence - a division of Q Data Consulting - is based in Cape Town and is the centre for business intelligence operations in the PQ Africa group. It has more than 60 specialist business intelligence consultants, so is the largest focused business intelligence team in the country.

PQ Business Intelligence is the exclusive system integrator for Whitelight analytical applications and the principal system integrator for Actuate e.reporting tools in South Africa. It is also the largest Cognos enterprise software integrator and Ardent Datastage software partner in South Africa.

The PQ Business Intelligence team offers a full range of end-to-end Enterprise Information Enablement (EIE) solutions - including planning, consulting, integration, education and development services - designed to affect bottom-line profitability in under 90 days.

For more information visit www.pqbi.co.za, or contact PQ Business Intelligence direct on +27 21 550-3000.

PQ Africa

PQ Africa was formed as a result of the merger of Persetel Holdings and Q Data. Comparex Holdings Limited has a 50% minus one share interest in PQ Africa. The black empowerment group NITAC (the National IT Acquisition Consortium), led by Real Africa Holdings Limited, holds a controlling interest of 50% plus one share in PQ Africa.

PQ Africa is SA`s leading provider of competitive, innovative and flexible business solutions based on Information and Communications Technology ("ICT"). These comprehensive business solutions include systems integration, consulting, package implementation, software development, outsourcing, hardware, software, peripherals, voice, video and data communication systems, customer relationship management solutions and networking equipment and services. Internet solutions include the development and deployment of electronic commerce and electronic data interchange-based solutions and digital authentication.