RCS, a member of the Foschini Group, is a financial services company that provides personal loans to pre-qualified clients. The companys key focus is to provide innovative product offerings to an ever-changing SA market.
 
PIC Solutions will develop a turnkey risk model which will assist RCS in its quest to improve its mailing selection. During this analytical project, the PIC Solutions predictive modelling team will work closely with the risk management team from RCS to ensure that the new risk model generates significantly improved results.
 
Rory Kew, risk and analytics executive at RCS, states: We chose to work with PIC Solutions as it offers credit scoring solutions designed to suit the dynamics of the SA credit industry. We look forward to utilising the new risk scorecard to improve our credit decisioning process and effectively grow our loans portfolio.
 
Eva Neves, senior consultant at PIC Solutions, adds: PIC Solutions has a firm understanding of the challenges facing RCS. Our scoring solutions are designed to enhance the quality of the credit evaluation process and we look forward to working with RCS on this assignment. The risk model will be designed with the aid of standard batch characteristics and will provide RCS with the ability to enhance its mailing campaigns.