Romanian Bank

Challenge: Remove inefficiencies and adopt optimization strategies across loan pricing and collections to better serve clients.

Solutions:

• FICO® Platform
• FICO® Optimization Solution for Loan Pricing
• FICO® Collections Optimization

Results: By leveraging optimization capabilities on FICO Platform, the bank increased loan department profits by 36% on average and reduced roll rates within the collections department by 15%.

• The bank was in search of solutions that would allow it to provide optimal loan prices and minimize roll rates.
• "The FICO Optimization Solution for Loan Pricing empowers us to make smarter decisions in proposing the appropriate amount of price increase to each client."
• FICO® Collections Optimization offered the bank a transformative approach to collections and recovery. It provided them with powerful and easy-to-use analytic tools to address key objectives, such as optimal resource allocation and roll rate reduction.