Standard Bank Selects PIC Solutions for Software Support

Cape Town, 28 June 2005 – Standard Bank, one of Africa’s leading banking groups, has expanded their relationship with PIC Solutions through a CredITMentor contract.

PIC Solutions ICT personnel have extensive industry experience, ranging from project management and business analysis, to credit systems analysis, design and coding. Through this CredITMentor contract, Standard Bank has the flexibility to `reserve` a specified number of systems support hours, as and when it is most required.

This allows for the optimum allocation of specialist PIC Solutions resources for the development and implementation of credit and customer relationship management systems.

Douglas Walker, Director of Card Credit at Standard Bank, comments, “The CredITMentor contract is designed to offer us maximum flexibility in achieving our business objectives. PIC Solutions understands the South African banking industry and through this CredITMentor contract we can effectively utilise PIC’s experienced ICT personnel for all our ICT requirements.”

Mike Crawley, Director of Software Services at PIC Solutions, adds, “We have worked with Standard Bank on a number of projects and we are pleased that they have recognised the expertise that our ICT personnel bring to their business. Our PIC consultants have extensive experience in the international consumer credit industry and we look forward to working with Standard Bank to ensure the successful outcome of any new initiatives.”