PIC Solutions and SAS Institute Join Forces to Present Scoring Breakfast

Cape Town, South Africa ? PIC Solutions and SAS Institute have partnered to present a scoring breakfast to the South African credit industry in February.

Organisations from various industries use scoring to improve business decisions and reduce fraud. This unique scoring breakfast will explore the business benefits of using predictive models and look at the processes and software that organisations need to be able to build them.

Delegates from diverse organisations including financial institutions, retailers, telecoms, insurance companies and medical aids will gain insight to the benefits of scoring, modelling operational risks, fraud, policy lapse rates, churn and response prediction. The predictive modelling breakfasts will be held in Cape Town and Johannesburg on the following dates:

• 10th February ? Johannesburg
• 15th February ? Cape Town
• 24th February ? Johannesburg

Mr Bill Hoggarth, Country Manager of SAS Institute states, ?Competition is forcing organisations to find innovative tools to improve business strategies and maintain their competitive-edge. Predictive modelling can be used by organisations to provide significant business benefits. Industry Specialists will present to the credit industry an insight into scoring and the benefits of using a predictive modelling tool. This interactive breakfast will ensure that delegates can network and discuss the impact of scoring on the various industries.?

Stephen Leonard, Managing Director of PIC Solutions adds, ?Inadequate credit risk management and high application fraud costs are just some of the factors that impact an organisations success. Through predictive modelling, organisations can reduce fraud, streamline the decision process and improve business decisions. We are delighted to partner with SAS for this credit industry initiative.?

About SAS
SAS is the market leader in providing a new generation of business intelligence software and services that create true enterprise intelligence. SAS solutions are used at more than 40,000 sites ? including 96 of the top 100 companies on the FORTUNE Global 500® ? to develop more profitable relationships with customers and suppliers; to enable better, more accurate and informed decisions; and to drive organizations forward. SAS is the only vendor that completely integrates leading data warehousing, analytics and traditional BI applications to create intelligence from massive amounts of data. For nearly three decades, SAS has been giving customers around the world The Power to Know®.

About PIC Solutions
PIC Solutions (www.PICSolutions.com) provides customer management solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and marketing and have an established track record of success powered by solutions.

Our ongoing commitment is to enable clients to optimise the credit life cycle of your business.