PIC Solutions Provides Extensive TRIAD Consulting Support to Ellerines
Released on = December 13, 2006, 10:09 pm
Press Release Author = PIC Solutions
Industry = Financial
Press Release Summary = Ellerine Holdings Limited, one of Africa's leading furniture retailers, has signed an expanded strategy consulting agreement with PIC Solutions to support its TRIADT adaptive control system.
Press Release Body = Cape Town, 14 December 2006 - Ellerine Holdings Limited, one of Africa's leading furniture retailers, has signed an expanded strategy consulting agreement with PIC Solutions to support its TRIADT adaptive control system.
The TRIAD system, from Fair Isaac Corporation, continues to be the global standard in account management solutions for consumer credit grantors as it provides sophisticated risk management functionality in the credit limit management, collections and marketing communications environments. By making the right decisions for every account in a portfolio, lenders are able to increase revenue, reduce losses, improve customer service and ultimately, increase portfolio profitability and drive sustainable competitive advantage.
Ellerines successfully went live with the TRIAD system this year and has achieved significant improvements in their FurnCity and Town Talk portfolios. PIC Solutions strategy consultants will provide ongoing consulting support to ensure Ellerines continues to maximise the solution's functionalities for effective decision making.
Danie Colyn, Group Director of Credit Control at Ellerine Holdings Limited, states, "TRIAD is certainly the way forward for any organisation wanting to optimise their business strategies. Since going live, we have experienced vast improvements in our collections rates and delinquency levels. TRIAD is currently being implemented over three different phases and through this consulting contract, PIC Solutions strategy consultants will ensure that the implementation goes smoothly and that we continue to make effective marketing strategy decisions."
Stephen Leonard, Managing Director of PIC Solutions, comments, "TRIAD is designed to optimise Ellerine's strategic decision areas. During this assignment, our risk management consulting team will assist Ellerines to successfully use the system's functionalities to enhance their marketing and collections strategies."
About Fair Isaac Fair Isaac Corporation (NYSE:FIC) makes decisions smarter. The company's solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes, and apply more intelligence to every customer interaction. Through increasing the precision, consistency and agility of their decisions, Fair Isaac clients worldwide increase sales, build customer value, cut fraud losses, manage credit risk, reduce operational costs, meet changing compliance demands and enter new markets more profitably. Founded in 1956, Fair Isaac powers hundreds of billions of decisions per year in financial services, insurance, telecommunications, retail, consumer branded goods, healthcare and the public sector. Visit Fair Isaac online at www.FairIsaac.com.
About PIC Solutions PIC Solutions provides consumer credit solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and software and have an established track record of success powered by solutions.
PIC Solutions is the Fair Isaac alliance partner for the Africa Middle East region and from offices in Cape Town, Dubai and Johannesburg, provides all sales and support for the entire suite of Fair Isaac products and services. This includes consulting, project management, integration services, first line software support and ongoing maintenance.
Our ongoing commitment is to enable clients to optimise the credit life cycle.
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