Absa Bank signs for PIC Solutions' risk consulting services

Source: PIC Solutions

Absa Bank, one of Africa's largest financial services institutions, has expanded their consulting relationship with PIC Solutions by signing a RiskMentor consulting contract.

The RiskMentor contract will ensure that Absa Bank has access to professional resources from any area of PIC Solutions expertise, including credit risk management consulting, analytics, project management and software services. The RiskMentor service is on a retainer-basis and ensures maximum productivity, combined with fixed monthly budgeting. Absa Bank plans on using this RiskMentor contract to maintain its competitive edge and ensure effective customer services throughout the organisation.

Tjaart van der Walt, General Manager Group Credit Shared Services at Absa Bank comments that, "PIC Solutions has a firm understanding of our banking systems, policies and procedures and through this contract PIC Solutions risk consultants will work across a wide range of our banking decisions. This enhanced RiskMentor contract offers us an effective and flexible means of obtaining consulting expertise to improve our credit policies and competitive strategies."

Dave Lewis, Director at PIC Solutions, adds, "Through this consulting contract, our specialised resources will ensure ongoing credit and risk management consulting support as and when it is needed and we look forward to continuing our consulting relationship with Absa Bank."

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