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NewswireToday - /newswire/ -
Cape Town, Western Province, South Africa, 10/14/2008 - PIC Solutions, the leading specialist credit risk solutions company in the EMEA region, will be presenting at the Credit Risk Africa 2008 Conference in Nairobi next month.
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Current global events have increased focus on issues surrounding credit risk practices in banks around the world. As a result, there is an immediate need to identify and then to measure, monitor and control credit risk practices in order to maximise the returns from the bank’s credit exposure. In order to remain competitive banks need to ensure that their personnel are up to date with the latest techniques and methodologies for managing credit risk across their whole portfolio.
The two-day Credit Risk Africa conference will focus on appropriate credit administration processes and addressing Basel II principles. Attendees will gain insight into new approaches to diversify portfolios, new risk transfer techniques, ways in which to maximise debt recovery, and a discussion on the visions of credit risk in Africa.
PIC Solutions will be presenting on the decisive subject of the importance of credit bureaux in Africa. In particular, PIC will discuss the strategic benefit of sharing payment performance data across organisations; and outline key ICT processes and data management capabilities that must be built to enable this valuable source of risk assessment information.
Simon Trupp, Director of Consulting and Analytics at PIC Solutions, says, “Global trends, implementing best practices and the lack of skilled resources are just some of the challenges impacting organisations in emerging markets. This conference will provide credit risk professionals with some of the tools necessary to effectively maximise new opportunities and respond effectively to changing market conditions.”
The Credit Risk Africa 2008 conference will be held in Nairobi, Kenya from 3-4 November at the Inter Continental Hotel. For more information about the conference please contact Bernadine at bernadinem[.]marcusevanskl.com.
About PIC Solutions
PIC Solutions (picsolutions.com) is the leading specialist credit risk solutions company in the EMEA region. With offices in Cape Town, Dubai, Johannesburg, Manama and Nairobi, we deliver integrated analytics, consulting and software solutions to over 150 companies in 30+ countries. We work worldwide with organisations to improve performance, drive strategies and enhance profitability.
PIC Solutions - Cape Town
PO Box 2455
Cape Town 8000, South Africa
T: +27 (0)21 680 6000
F: +27 (0)21 680 6003.
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info[.]picsolutions.com 
