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FICO® Decision Management Platform

by FICO

Product Information  

FICO® Decision Management Platform

Category: Advanced Analytics Platforms

Product Description

 

FICO® Decision Management Platform helps you easily and cost effectively evaluate, deploy and scale cloud-based and on-premise analytic solutions for real-time decision management. It accelerates your ability to infuse precision and speed into your decision making processes and customer interactions.

The Platform leverages and extends FICO’s industry-leading decision management tools for embedding business rules, analytics, optimization and adaptive control to automate and improve strategies. It encompasses the latest innovations in open source and cloud-based technologies to allow businesses of any size to apply customer-centric solutions easily and cost-effectively.

Vendor Information

Background

FICO (NYSE: FICO) is a leading analytics software company, helping businesses in 80+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction. The company’s groundbreaking use of Big Data and mathematical algorithms to predict consumer behavior has transformed entire industries.

FICO provides analytics software and tools used across multiple industries to manage risk, fight fraud, build more profitable customer relationships, optimize operations and meet strict government regulations. Many of our products reach industry-wide adoption — such as the FICO® Score, the standard measure of consumer credit risk in the United States. FICO solutions leverage open-source standards and cloud computing to maximize flexibility, speed deployment and reduce costs. The company also helps millions of people manage their personal credit health. FICO: Make every decision count™.

Founded in 1956, FICO introduced analytic solutions such as credit scoring that have made credit more widely available, not just in the United States but around the world. We have pioneered the development and application of critical technologies behind decision management. These include predictive analytics, business rules management and optimization. We use these technologies to help businesses improve the precision, consistency and agility of their complex, high–volume decisions.

Our solutions include:

  • Customer originations solutions that optimize revenue and profile while controlling risk when making decisions on requests for credit and other services
  • Customer growth and retention solutions that improve the profitability of customers while maximizing customer satisfaction
  • Debt management solutions that improve collections and recovery for credit grantors, service providers and third-party debt collection agencies
  • Fraud management solutions that reduce fraud losses while improving the customer experience
  • An integrated platform of tools for decision management that facilitate the rapid development and deployment of analytics
  • Scores and predictive analytics that deliver powerful predictions of consumer behavior to help businesses make faster, more profitable decisions
  • Consumer programs that enable people to understand their credit and manage their financial health.