PIC Solutions Showcases Turnkey Solutions at Credit Risk Africa Conference

Cape Town, 26 October 2006 ¡V PIC Solutions, the leading specialist credit risk management consultancy in the Africa and Middle East region, will exhibit at the Credit Risk Africa Conference in November.

Organised by Marcus Evans, the event focuses on Reducing Risk Appetite through Financial Innovation and will be held on 22-23 November 2006 in Johannesburg, South Africa. This conference aims to address risk mitigation within a global framework and the implementation challenges that financial institutions in Africa are facing with regards to Basel II. Leading presenters will also examine how the new National Credit Act impacts businesses in South Africa.

Key topics that will be highlighted at the conference include:

„X Basel II implementation using a global perspective
„X Overcoming implementation challenges of Basel II in developing nations
„X Securitisation issuance and investment trends in Africa
„X Tailoring your Collateral Management System
„X Mapping investor experiences in Africa

PIC Solutions will showcase leading-edge credit risk solutions at the conference. Visit www.PICSolutions.com to find out how these products can successfully optimise an organisation¡¦s credit life cycle.

For further details on the Credit Risk Africa Conference, visit: www.marcusevans.com/events/CFEventinfo.asp?EventID=11693

Gray Stopforth, Head of Sales and Marketing at PIC Solutions comments, ¡§South African credit grantors are facing numerous challenges as regulations enforced by Basel II and the National Credit Act become a reality. At the Credit Risk Africa Conference, delegates will gain insight into these unique issues and the tools needed to address ongoing challenges. We look forward to showcasing our latest suite of international credit risk software solutions at this industry event.¡¨


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.

Editorial Contact:
Sarka Svoboda
Marketing Manager
Tel: +27 (0)21 680-6010
Fax: +27 (0)21 680-6003
Email: SSvoboda@PICSolutions.com
Web: www.PICSolutions.com