PIC Solutions, the leading specialist credit risk management consultancy in the Africa and the Middle East, has expanded its relationship with Fair Isaac Corporation to offer TRIAD Transaction Scores to clients in the region.
TRIAD Transaction Scores from Fair Isaac provide users with advanced modelling technology that efficiently handles transaction-level information and multi-dimensional account evaluation. This leading-edge scoring system has been successfully implemented and utilised by credit grantors in the European and North American markets as well as in Japan.
The credit industry in Africa and the Middle East has grown exponentially in recent years, creating a demand for innovative credit risk solutions. Credit grantors in the MEA region will now have access to this advanced modelling technology to improve their business decisions. TRIAD adaptive control users can also integrate Fair Isaac`s advanced transaction models into all of their account management decision areas to dramatically improve their decision strategies.
Stephen Leonard, Managing Director of PIC Solutions, comments: "TRIAD Transaction Scores provide credit grantors with the technology to derive better predictions and enhanced decision-making capabilities. As Fair Isaac`s partner for the Africa and Middle East region, we believe that transaction scoring will provide significant business benefits to all credit grantors and we look forward to introducing this established technology to our clients."
Andrew Jennings, Vice-President of Global Customer Management Solutions, adds: "By broadening the suite of our solutions available through value-add partners such as PIC Solutions, we can ensure that lenders in Africa and the Middle East have access to the industry`s most effective portfolio management technologies. TRIAD users in the region can now expect even greater account profitability by implementing actions based on a more complete, accurate and timely view of cardholder risk and purchase patterns than with current tools."
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Fair Isaac Corporation (NYSE:FIC) makes decisions smarter. The company`s solutions and technologies for enterprise decision management give businesses the power to automate more processes, and apply more intelligence to every customer interaction. Through increasing the precision, consistency and agility of their decisions, Fair Isaac clients worldwide increase sales, build customer value, cut fraud losses, manage credit risk, reduce operational costs, meet changing compliance demands and enter new markets more profitably. Founded in 1956, Fair Isaac powers hundreds of billions of decisions per year in financial services, telecommunications, insurance, retail, consumer branded goods, healthcare and the public sector. Fair Isaac also helps millions of individuals manage their credit health through the www.MyFICO.com Web site. Visit Fair Isaac online at www.FairIsaac.com.
PIC Solutions
PIC Solutions provides consumer finance solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and software 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, Dubai 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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