FICO^® Optimization Solution for Deposit Pricing

Over the past several years, financial institutions have been flush with deposits operating under low but stable interest rates. This has resulted in reduced investment in advanced analytics to drive pricing decisions for deposit portfolios. However, significant change is on the horizon — a more dynamic rate environment will require organizations to make faster, more precise pricing decisions. Simultaneously, increased regulatory scrutiny mandates greater transparency and enhanced reporting. Banks that implement FICO^® Optimization Solution for Deposit Pricing, the industry's most rigorous analytical solution for deposit pricing decisions, can effectively grow margins and accurately forecast portfolio liquidity in a rising rate environment while meeting regulatory compliance.