TSYS® to Offer Austin Logistics’ Collection Treatment
TSYS (NYSE: TSS), one of the world’s largest payment-services companies, and Austin Logistics, the leader in providing predictive analytic software for real-time decision-making, today announced that TSYS is now offering its customers ActionOptimizer, Austin Logistics’ award-winning* treatment optimization solution for collections.
ActionOptimizer is a predictive analytic solution that drives optimal account-level treatment decisions using action-specific modeling—Action Analytics™—optimization, and simulation. ActionOptimizer will enable TSYS clients to quickly know the impact of each action and determine the best treatment strategy based on business rules and constraints.
This sharply reduces the time it takes to accurately predict performance and deploy the most precise, cost-effective and optimal treatment strategy for each account in an issuer’s portfolio.
“Collections efficiency and effectiveness is top of mind for our card clients,” said Dale Daley, senior director of value added products, TSYS. “The ability to better manage charge-off risk is a bottom-line issue that can seriously affect their competitive position. With ActionOptimizer, we can offer them the rapid ability to collect more dollars more efficiently, with little impact on customer satisfaction and minimal impact on their internal IT infrastructure or resources.”
“Leveraging the TSYS processing capabilities with our analytic intelligence is an economical approach to bringing TSYS clients innovative, proven ways to better manage risk,” said Alan Vondrell, director, Strategic Alliances, at Austin Logistics. “This partnership approach takes advantage of both companies' core capabilities to bring clients highly innovative solutions in a dependable and secure environment.”
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