India’s Axis Bank Selects FICO Blaze Advisor to Bring Agility and Consistency to Lending and Card Operations

SINGAPORE —February 29, 2012 —FICO (NYSE:FICO), the leading provider of analytics and decision management technology, today announced that Axis Bank, India’s third-largest private sector bank, has chosen FICO^® Blaze Advisor^® business rules management system to manage processing of all retail loans and for customer management on its credit card portfolio. This sets the stage for Axis Bank to establish a common decision platform among different business units and credit lifecycle stages based on FICO’s decision management technology.

Axis Bank wanted to decrease its turnaround time for deploying new scorecards and decision strategies. The bank also wanted to improve consistency and scalability in its business processes across its different regions, while having a robust audit mechanism to track changes. FICO^® Blaze Advisor^® resolves these issues, providing a common, central platform for managing analytics and strategies and enabling quick deployment of new strategies and analytic models. Moreover, because Blaze Advisor is designed to allow business users to create and modify rules without relying on IT support, it will accelerate time to market for business decisions. The bank chose Blaze Advisor following a rigorous competitive review. Axis Bank has been using FICO’s application risk scorecard in its personal loan business.

"FICO Blaze Advisor will give us the ability to be more responsive to market changes, while making more consistent decisions," said Jairam Sridharan, Head of Consumer Lending, Axis Bank. "In addition, we can centralize management of our strategies, and deploy new predictive analytics faster than ever before. Ultimately, we expect to be more streamlined and more competitive by building a common decision platform for originations, customer management and collections."

"With this engagement, Axis Bank joins a rapidly growing group of FICO Blaze Advisor rules customers, which include India's largest private sector bank and top NBFCs and insurance companies," said Dan McConaghy, president, FICO Asia Pacific. "FICO's implementation capabilities and extensive partner network in India will ensure that Axis Bank can get the maximum value from their investment, through both successful project execution and ongoing local support."

Sobre a FICO
FICO (NYSE:FICO) delivers superior predictive analytics solutions that drive smarter decisions. The company’s groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO’s innovative solutions include the FICO^® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world’s top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands. FICO also helps millions of individuals manage their personal credit health through www.myFICO.com. FICO: Make every decision count™.

For FICO news and media resources, visit www.fico.com/news.

Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company's Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2011 and its last quarterly report on Form 10-Q for the period ended December 31, 2011. If any of these risks or uncertainties materializes, FICO's results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.

FICO and “Make every decision count” are trademarks of Fair Isaac Corporation in the US and other countries.

About Axis Bank
Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses.

With its 1446 branches (including extension counters) and 7.594 ATMs across the country, as on 30th September 2011, the network of Axis Bank spreads across 953 cities and towns, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Bank also has overseas offices in Singapore, Hong Kong, Shanghai, Colombo, Dubai and Abu Dhabi.