Press Release Summary = PIC Solutions has co-authored and published a credit risk
book with VRL KnowledgeBank Limited.
Press Release Body = Cape Town, 12 October 2006 PIC Solutions, the leading
specialist credit risk management consultancy in the Africa Middle East region, has
co-authored and published a credit risk book with VRL KnowledgeBank Limited.
VRL KnowledgeBank Limited (formerly VRL Publishing) is a leading global provider of
intelligence to the financial services industry. The company specialises in
delivering the latest industry knowledge and research via management reports,
newsletters, electronic newswires, training seminars and national and international
conferences.
Risk management is one of the most important and challenging drivers of profitable
credit card portfolios. The book Managing Risk: How to develop Effective Strategies
and Tools explores the use of effective risk management as a means of maximising
risk ratios and risk factors to optimise profits and returns on a credit card
business. Topics addressed in the book include:
Types of risk faced by a cards business
Setting risk policy
Tools available to support the risk management function
Determining how applications are processed
Credit line assignments and management
Authorisations
Provisioning
Collections and write-offs
This unique book forms part of a credit card toolkit and consists of 12 distinct
manuals that can be used as stand-alone guides for improving particular areas of a
credit card business or as a complete resource for achieving excellent all-round
business practice.
The book, Managing Risk: How to develop Effective Strategies and Tools is now
available. Email Amit.Patel@vrlknowledgebank.com or call Amit on +44 (0) 207
563-5628 to request more information or to order your copy. (Quote PICAP and receive
a 15% discount.)
Amit Patel, Senior Relationship Manager of Retail Banking and Wealth Management
Division at
VRL KnowledgeBank Limited, comments The key to the power of these hands-on guides
are the penetrating case studies. Based on interviews with a diverse array of
issuers around the world, they delve into the practical challenges and solutions
resulting from implementation of the ideas contained in The Credit Card Toolkit.
Stephen Leonard, Managing Director of PIC Solutions, adds, We enjoyed working with
VRL KnowledgeBank on this project. PIC has extensive international best practices
experience and this book provided us with the unique opportunity to share this
knowledge with the credit community. The dynamics of the credit industry
continuously changes and this credit card toolkit provides the perfect solution for
credit risk professionals seeking to know more about the various factors impacting
their organisations.
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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