13 December 2017
visit www.aciworldwide.com

Pic solutions launches consumer lending risk management software

14 April 2011  |  3440 views  |  0 Source: Pic Solutions

A new software solution is being launched which will enable retail banks and consumer lending institutions to better understand their current risk management capabilities and develop a roadmap for growth.

The PIC Capability Assessment (PCA), launched by PIC Solutions, is a low investment solution that will enable the risk management functions of banks and consumer finance organisations in the Middle East to understand their current relative standing to both competitor organisations in the region and to that of the most sophisticated and successful organisations globally.

Focussing on the areas of risk strategy, processes, systems and people, the solution will enable institutions to objectively 'plot' the organisation within a capability matrix. The output from the process and the matrix will be utilised to develop a roadmap with recommendations for improvement.

The roadmap will be aligned against PIC Solutions understanding of the organisation's wider business imperatives and prioritised based on PIC Solutions' experience of the typical evolution of risk management functions and expectation of the benefits that might be gained from each.

Ian Read, Director of PIC Solutions International, based in Dubai, said "Our clients often mention that they are so focused in addressing immediate priorities that they find it challenging to devote the time to consider where they should be taking their risk capabilities strategically. This is a recurring issue in the region and PIC Solutions is uniquely qualified to assist, combining the global experience of our consultants with the regional knowledge gained in hundreds of GCC consulting assignments."

 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.atos.netvisit www.solutions.lexisnexis.comvisit www.response.ncr.com

Who is commenting?

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
11904 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
8968 views comments | 15 tweets | 21 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7290 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7174 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
6994 views comments | 20 tweets | 11 linkedin

Featured job

Competitive
New York, NY - USA (some flexibility on location)

Find your next job