FICO® Collection Optimization
Communications, Debt Management Solutions, Scores
Collection Optimization uses FICO’s sophisticated decision modeling algorithms to quantify the impact of business decisions and actions on debt collection and recovery outcomes. With the ability to run “what if” scenarios and “stress test” results, managers easily and confidently choose the optimal decision for virtually any aspect of collection operations, including placements, settlements, resource allocation and other business issues.
FICO® Analytic Consulting
Analytics, Communications, Debt Management Solutions, Marketing & Customer Engagement, Originations, Risk & Compliance, Scores
FICO® Analytic Consulting helps you attain the best predictive models for your business needs—whether you’re new to scoring or have an experienced in-house analytic team. FICO Analytic Consulting's predictive models provide significant benefits used on their own or as an integral part of FICO’s decision management solutions. Use empirically derived custom models tailored specifically to proprietary product portfolios and customer bases, as well as pooled-data and expert (knowledge-based) models to reduce the time, expense and data demands of custom development.
FICO® Data Orchestrator
Analytics, Risk & Compliance, Scores
FICO® Data Orchestrator is a SaaS or on-premises data retrieval and mapping solution that can access, gather and transform data from corporate or public facing information services, such as credit reference agencies. Organizations can transform multiple sources of data to improve operational intelligence, risk management and usability. The open, pluggable architecture lets developers incrementally add new data interfaces to an existing system, or construct a product library to use in other implementations.
The FICO® Score, available at the three major consumer reporting agencies, helps lenders make accurate, reliable and fast credit risk decisions across the customer lifecycle. The FICO® Score rank-orders consumers by how likely they are to pay their credit obligations as agreed. The most widely used broad-based risk score; the FICO® Score plays a critical role in billions of decisions each year. The latest US version, FICO® Score 9 is the most current and predictive FICO® Score.
FICO® Score Open Access
Marketing & Customer Engagement, Scores
If your organization strives to build loyalty, trust and growth through greater credit score transparency, FICO® Score Open Access can help you strengthen customer relationships and increase profitability. FICO® Score Open Access empowers you to share FICO® Scores you already purchased for risk management decisions with your customers – with no additional score fees charged by FICO. Through FICO® Score Open Access, you provide your customers with their FICO® Scores, empowerment tools and credit education through multiple channels and at varying frequencies.
FICO® Fraud Score
Fraud & Security, Scores
FICO® Fraud Score helps lenders worldwide increase detection of first- and third-party application fraud, as well as support case management with deeper insight into potential perpetrations and by helping analysts prioritize accounts.
FICO® Score Economic Calibration Service
Risk & Compliance, Scores
Confidently address regulatory stress testing requirements, evaluate the impact of economic shocks on consumer credit risk and develop economically sensitive credit policies with insight into the forecasted probability of default (PD) by FICO® Score range, product type and geography. To meet the Federal Reserve’s stress testing requirements such as CCAR (Comprehensive Capital Analysis and Review) and DFAST (Dodd-Frank Stress Testing) forecasted PDs to be used for benchmarking inclusion in stress test models are readily available for each of the three regulatory scenarios; baseline, adverse and severely adverse over the requisite nine quarter horizon. Inform business strategies and capital allocation decisions with forecasted PDs aligned with custom economic scenarios to mitigate losses and improve business results.
FICO® Score Adoption Services
FICO® Score Adoption Services leverage FICO’s industry-leading analytics and strategy expertise to facilitate score validation and adoption, analyze the score’s business impact and maximize value via enhanced decision strategies.
FICO® PreScore® Service combines FICO® credit bureau score delivery, strategy consulting and campaign analytics to help US credit grantors execute more profitable prescreening campaigns. Leading US lenders have relied on our PreScore experts’ knowledge to conduct thousands of successful campaigns and significantly improve results.
FICO® Mortgage Score
The FICO® Mortgage Score 1.0, powered by CoreLogic®, combines unique consumer credit data from CoreLogic with traditional credit data from the national credit reporting agencies to deliver a comprehensive and accurate view of a consumer’s credit risk profile when prequalifying or originating mortgage loans.