22 October 2017
Find out more

Pic solutions launches consumer lending risk management software

14 April 2011  |  3432 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)
Register nowvisit www.innotribe.com

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
10865 views comments | 22 tweets | 26 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
10662 views comments | 17 tweets | 24 linkedin
satelliteGates Foundation backs Ripple collaboratio...
9168 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8225 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
8125 views comments | 10 tweets | 22 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job