Press Release Summary = Cape Town, 1 August 2006 – Ellerine Holdings Limited, one of
Africa’s leading furniture retailers, now has three portfolios live on the TRIADTM
adaptive control system.
Press Release Body = Cape Town, 1 August 2006 – Ellerine Holdings Limited, one of
Africa’s leading furniture retailers, now has three portfolios live on the TRIADTM
adaptive control system.
TRIAD, from Fair Isaac Corporation, has become the global-standard account
management solution for consumer credit grantors as it provides sophisticated risk
management functionality in areas such as 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.
PIC Solutions assisted Ellerines with the successful integration of their FurnCity
portfolio onto the TRIAD adaptive control system. The Town Talk brand will follow in
September 2006. Ellerines can now apply the TRIAD system’s sophisticated risk
management capability to the Group’s portfolio. In addition, the system will lead to
enhanced individual account level treatment in strategic decision areas and increase
Ellerines’ overall portfolio profitability.
Danie Colyn, Group Director of Credit Control at Ellerine Holdings Limited, states,“TRIAD specialists from PIC Solutions successfully integrated the first set of our
accounts onto the TRIAD adaptive control system after the Ellerines/Relyant merger.
This industry-proven solution is designed to help us refine our account management
strategies and ensure we strengthen our customer value and overall portfolio
performance. We look forward to using the full capabilities of TRIAD to enhance our
credit decisions and maintain our position as a leading furniture retailer.”
Dave Lewis, Director of Consulting at PIC Solutions, adds, “TRIAD has proven to be a
reliable account management tool in helping organisations retain more profitable
customers. The enhanced functionality and predictive analytics of TRIAD will enable
Ellerines to make strategic credit and marketing decisions on a one to one customer
basis and ultimately grow their customer lifetime value. Through TRIAD, Ellerines
will now be in a position to address and implement the changes required by the new
National Credit Act.”
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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