PIC Solutions Expands Fair Isaac Alliance to include Strategy Science

Cape Town, South Africa ? PIC Solutions, a leading international credit life cycle analytics consultant, today announced an expansion of their alliance with Fair Isaac Corporation, the global leader in predictive analytics, decision management and credit management solutions, to include Fair Isaac?s Strategy Science offering.

Fair Isaac?s Strategy Science offering is a new breed of advanced optimization technologies and decision analytics that significantly improves business performance by expanding the application of analytics beyond predictions to decisions. It is a precise, data-guided methodology that combines advanced decision analytics, state-of-the-art optimization, visualization, simulation and strategy design as well as TRIAD strategy and domain expertise consulting.

This leading and market proven analytical solution is currently in use in more than 70 applications at over 30 different financial institutions throughout the world. Most of the top ten credit card issuers in the US and UK have implemented Strategy Science to optimise business results through the credit life cycle in acquisition, account management, fraud detection, customer retention and collection strategies. Typical improvements in profit range between 10 ? 35 percent.

Stephen Leonard, Managing Director of PIC Solutions, states, ?We are delighted to expand our reseller relationship with Fair Isaac to offer Strategy Science to organisations based in Africa and the Middle East. Strategy Science is the next great leap forward in advanced risk management technology. This combination of Fair Isaac analytics and PIC Solutions consulting expertise will ensure that business will match or exceed those that have already been generated in Europe and North America.?

Lori Sherer, Group Vice President for EDM Analytics, adds, ?Our strategy optimisation methodology is unmatched in the industry and so are the results being achieved by clients. With Strategy Science, organisations can rapidly implement data-driven, Champion/Challenger strategies that maximize profitability under multiple business constraints. PIC Solutions has a large consulting team and with their TRIAD expertise it makes sense to now make Strategy Science available to clients in the Africa Middle East region, as part of our plan to expand Strategy Science into new geographical markets.?