FICO provides powerful custom analytics and analytic consulting that are considered the "gold standard" in the industries we serve. We help clients advance their use of analytics, with engagements ranging from model development to full analytic partnerships.
Why FICO Analytic Business Consulting?
FICO Analytic Business Consulting delivers:
- The most experience in solving critical business problems using analytics—we maximize predictive power while ensuring actionable use by addressing operational, legal and data issues
- Expertise in a wide range of classical and proprietary modeling methodologies—you can apply true "best of breed" modeling from a single provider
- Deep expertise in working with data from multiple sources (e.g., demographic, application, master file, credit bureau) and levels of data aggregation (e.g., transaction, account, customer, portfolio, enterprise)
- Balanced analytic approach that enables our well-seasoned analysts to bring their full expertise to bear on the business problem—not just "following the data"
Key Benefits
- Leverage the industry’s best analytic experts
FICO has been delivering analytic innovations for over fifty years. Our Analytic Business Consulting team focuses on the challenges were analytics meet business to maximize your return on investment
- Enhance your analytic capabilities
By leveraging our experience we can work with your team to enhance current processes and get the most of your analytic tools, people and data.
- Benchmark your organizations analytic capabilities against best practices
Our analyst have worked on many projects and over time we have developed a best practice approach that we bring to the table when reviewing your processes.
Features
- Analytic Roadmaps
This engagement is designed to address the many questions, concerns, uncertainties, and doubts that customers often have as they endeavor upon their first analytics application. FICO Analytic Business Consultants will review your current data, technology, analytic tools and process to develop an analytic roadmap to provide guidance to your organization in the move to becoming a best-in-class analytics practice. This service can be applied at the enterprise level or for each specific decision area, such as marketing, originations, account management, collections, recovery and fraud.
- Analytic Health Checks
Our Analytic Business Consultants perform an in-depth review of your current analytic capabilities, scoring and strategies in place for any decision area. This engagement is designed to provide immediate impact via short term quick win recommendations, along with long-term future vision recommendations. As part of the health check, FICO Analytic Business Consultants will compare your current process to industry best practices gained from years of experience developing analytic solutions. This service can be applied at the enterprise level or for each specific decision area, such as marketing, originations, account management, collections, recovery and fraud.
- Data Assessment and Analytic Solution Crafting
FICO Analytic Business Consulting can work with your team and reviewing your current data capture, infrastructure and data quality to craft an analytic solution to fit the needs of your organization. It is important to remember that one size does not fit all organizations or problems. FICO can assist you in crafting the appropriate analytic solution for you using what data is available.
Key Services
FICO® Economic Impact Service
FICO Economic Impact Service gives you a better way to anticipate the effect of future economic conditions on account risk. With this new technology, you now have a risk measurement tool better aligned to the future performance of accounts, allowing you to make more informed decisions across the customer lifecycle and more quickly adapt to changing market conditions.
Learn more about FICO Economic Impact Service
FICO® Custom Decision Optimization—Proof of Concept
Find out how advanced optimization could improve results for your business, through a custom assessment using your data.
Learn more about Custom Decision Optimization—Proof of Concept
FICO Custom Decision Optimization—Quick Start
Take a short cut to optimization with an accelerated approach based on FICO's proprietary optimization methodology.
Learn more about Custom Decision Optimization—Quick Start
Learn about Quick Start Optimization for Credit Line Management
Learn about Quick Start Optimization for Early-Stage Collections
Other Analytic Services:
FICO™ Action Segments
FICO™ Basel II Analytic Services
FICO® Custom Decision Optimization
FICO™ Portfolio Stress Testing
FICO® Predictive Analytics
FICO™ Segmentation Models