Tuesday, October 9, 2007

Austin Logistics Opens Shanghai Office

Austin Logistics, a publisher of predictive analytics software for financial institutions, announced Tuesday that it has opened an office in Shanghai to serve and grow its existing customer base in China. With the new facility, Austin Logistics said it hopes to tap into China’s burgeoning credit market. The Austin, Texas-based company added that, though China boasts the world's largest consumer population, the issuing of consumer credit is a fairly recent evolution. Austin Logistics provides software used for minimizing lending risks by lenders.