BACKGROUND

In 2008 Tripple Option Trading acquired Risk Assessment Services and the merged operation is now known as RAS. Therefore, businesses now can leverage Tripple Option Trading's business intelligence capabilities and local experience. RAS has developed a unique, easy-to-use high-tech system of risk analysis, profiling and tracking. With these world-class solutions and exceptional service, RAS is able to assist South African businesses to manage their risk more effectively.

The initial aim of the RAS project was to analyse the trend of bad debt in non-corporate businesses and the financial risk factor involved in order to find a solution. A survey indicated that indeed a solution was required in this particular market segment and as a result, a commitment was made to develop and implement the necessary systems.

Since inception, RAS' subscriber rate growth has exceeded all expectations as more and more businesses realised the necessity in utilizing RAS' solutions. Well known businesses such as Anta Boga Hotel, Astrix Towing, Supa Quick, Canon, Compuden, Coastal Hire,Volvo, Galito's, Talisman and Ellies Electronics, but to mention a few, are RAS Subscribers.

THE BENEFITS OF USING RISK ASSESSMENT SERVICES

• Merchants can improve their consumer service levels due to efficient payment method decision-making.
• Affords independent, small, medium and large businesses an opportunity to professionally analyse and assess their risk prior to accepting any payment arrangements or cheques.
• Minimizing financial loss due to payment default on goods sold or services rendered.
• Once off Subscription Fee upon joining.
• Monthly PAYU (Pay As You Use) billing.
• A debit order facility ensures convenient PAYU settlement.