FICO® LiquidCredit® service

• Make objective, consistent decisions
  Use of SBSS and Consumer Application Risk Models models ensures consistent decisions across channels and lines of business. You'll be able to demonstrate this consistency to regulators, and address other legal requirements, using the solution's score reason codes to assist in manual underwriting. .
• Accurately price each credit offer and approve more loans
  Advanced analytics and decisioning capabilities allow you to determine the proper credit offer and approve more loans without adversely affecting portfolio risk.
• Improve efficiency and reduce costs
  Automation allows for more efficient use of resources, reduced reliance   on manual reviews and the ability to focus on "gray area" applications that need more underwriting attention.
• Implement quickly in a secure ASP environment -- LCDM
  Begin application processing within several weeks, with little upfront investment or ongoing operating costs. All you need to access the solution is a web browser, leaving the hassles of security and maintenance to FICO.

• Powered by industry-leading analytics
  Powerful FICO®  Risk Models are in use within 100’s of customers today.  Pooled models enable your organization to gain the power of proven analytics for a fraction of the cost of custom modeling.  Consistent model rebuilds in this ever changing economy ensure you have the most up to date analytics available in your risk mitigation strategy – eliminating 80% of the risk  at the point of originations.  Enhancing the strategy further, by ongoing portfolio reviews, uncovers specific risks immediately along with new offering potentials resulting in increased financial health
• Control access to data of your choice
  Client-configured rules pull data from major consumer and commercial data sources, to reflect your institution's lending policies.
• Define policy rules, and more
  Create policy rules that automatically approve, decline or flag an application for review. You can also configure selected field values (i.e., reasons for decline, product codes or override codes), and assign user authorization levels.

• Small Business Lending Best Practices.  FICO Recently  conducted a Webinar  titled : SBSS Models and Small Business Lending - Did You Know?
  Agenda items include:
• The State Of Small Business Lending Today
• LiquidCredit Decision Engine Updates
• Small Business Lending Best Practices
• To view the recorded archive of this webinar, use the following link: https://www.livemeeting.com/cc/fairisaac/view?id=SBSS090910 (no recording key required). 

• FICO LiquidCredit decision engine
  The LCde “black box” scoring engine that  provides consumer and small business credit grantors an intelligent network for providing instant credit across any channel, using any origination platform, leveraging FICO's leading analytic models.
• LiquidCredit Decision Manager 
  ASP software that automates and improves origination decisions for small business lenders by integrating data acquisition capabilities, rules-based automation and advanced small business analytics.

Origination and Portfolio Models

• Consumer Application Risk Models (ARM 3.0)
  FICO latest 3.0 consumer models include bundled scorecards for all your origination needs – no more selecting which models your organization can support – you get them all!  
• Small Business Scoring Service (SBSS) 6.0  
  The FICO SBSS models include scorecards for Agricultural, Leasing and Small Business Lending for Canada and the United States.  Optional upgrades include access to Credit Offer Index and specialized models for small business start-ups

Portfolio Management
Understand the ongoing health of your portfolio through FICO analytic portfolio monitoring.  These valuable solutions allow you to segment  customers, increasing knowledge of  which accounts are at risk, or which could be extended additional credit or terms decreases your organizational risk.  Are you ready for dashboard analytics? 

• SBSS Behavioral Service Info Sheet
  FICO has partnered with TransUnion to create this powerful scoring mechanism for your small business loans.  How does it work ?  Quite simply, the scoring requires information contained within your organization to be reformatted to an excel spreadsheet.  The returned data includes a recent SBSS score, a full TransUnion credit report on each principal and a behavior, or treatment,  score that allows your organization to segment accounts based on performance.
• Small Business Risk Portfolio Solution
  Combines D&B's highly predictive commercial information and consumer data with proven FICO analytics, helping small business lenders make faster, more profitable decisions on account reviews and renewals
• Rescores for Consumer or SBSS
  FICO has enabled you to rescore all your customers through the ARM 3.0 or SBSS 6.0 models.  If you’re a current LiquidCredit customer FICO already has the data needed within the hosted LiquidCredit platform.  Not an existing customer? – no problem – we can assist formatting to enable full scoring of your existing portfolio.

Want to speak with a live person to learn more?
Contact Carl Bohlin now at +1 508 759 2421 or fill out the form for a call back.