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Fair Isaac signs PIC Solutions to provide Triad scores

06 June 2006  |  1740 views  |  0 Source: PIC Solutions

PIC Solutions, the leading specialist credit risk management consultancy in the Africa and the Middle East, has expanded their 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 at 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 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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