Applied Analytics & ML
Deploy fully interpretable, real-time analytics and ML and leverage the very best AI models in the market today.
Deposits
Attract and retain precious liquidity, grow revenue, and personalize experiences with precise, analytics-driven deposit strategies and execution.
Deposits by the numbers
%
of FICO survey respondents expect an offer from their bank to open a deposits account.
%
potential annual banking loss if deposit portfolios are not defended.
%
of savers cite the ongoing need to build, fund, and maintain an emergency savings deposit fund.
Overview
Deposits are your gateway to profitable, long-term customer relationships.
Execute with innovation and flexibility to grow deposit account margins by 10%-30% by using relationship-based pricing to reward profitable customers. Preserve liquidity with industry-leading analytics and price-sensitivity modeling. Help stakeholders across all banking departments collaborate to offer attractive, yet compliant, pricing.
- checkDiscover insights
- checkStreamline decisions
- checkMonitor performance
- checkImprove customer experience
Seamless integration every step of the way
Seamlessly collaborate across stakeholders in treasury, finance, frontline, operations, risk, and marketing to deliver customer-centric and compliant deposit pricing solutions. Easily access reporting, competitive analysis, model-based forecasting, price optimization, decision review and approval workflows, and rate sheet distribution — all within a single environment.Automated with a centralized platform
Rely on a centralized platform that automates processes and supports compliance across multiple, customer-impacting deposit decisions.End-to-end auditability
Leverage end-to-end auditability of pricing decisions, providing full transparency into all decisions to help drive fair treatment, auditability, and compliance to regulations.
Holistic deposit price and rate strategy plus execution built on proven analytics
Using advanced analytics, optimize a set of rates and terms for each individual customer (or segment) based on differences to rate sensitivity. Retention rates can be presented to customers via self-service channels or through banker-managed market tools. Empower frontline staff to offer a targeted rate or have them engage customers with analytically derived discretion as part of the retention discussion.
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Deposit Pricing
Maximize deposit portfolio performance, accurately forecast liquidity, and increase customer satisfaction by leveraging industry-leading optimization and price-sensitivity modeling.
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Deposit Price Offer Execution
Apply the same rigor to your deposit pricing that you do to your credit portfolio with a holistic deposit price execution solution built on proven analytics and agile execution.
Why FICO?
With FICO, you have the capabilities to balance all your needs, with the flexibility to use only what you require. No other technology partner can blend analytics with decisions and give banking clients the flexibility to design solutions to their exact specifications.
Case Study Read more
Large Global Bank
Global bank improves trade-offs between growth and margin with consistent modeling, methods, and user experience
“I don’t know how we were able to manage our deposit forecasts and pricing decisions before we had this tool.”
US CEO Large Global Bank
Capabilities
FICO solutions offer a wide range of capabilities, empowering you to make smarter, personalized decisions, streamline operations, and improve the customer experience.
Intelligent Decisions
Model decisions with open standards, automate with business rules, and support human-in-the-loop AI.
Digital Twins & Simulation
Unlock a distinct competitive advantage with an enterprise scenario management ecosystem.
Business Composability
Expertly compose business services that choreograph complex workflows to deliver results at scale.
Enterprise Optimization
Unleash the power of mathematical optimization — find solutions to your most complex business problems using high-performance solvers that maximize your desired outcomes.
Data Connection & Ingestion
Seamlessly connect to and bring in data from any source — when and where it’s needed.
FICO® Platform — Core
Enable best-in-class, efficient, scalable, and secure deployment of decision intelligence across cloud, on-premises, and hybrid environments.
Solutions
FICO solutions offer a wide range of capabilities, empowering you to make smarter, personalized decisions, streamline operations, and improve the customer experience.
Next Best Offer or Experience
Put your customer at the center of all that you do.
Next Best Sale or Experience
Do you know the true value of your customer relationships?
Offer Personalization
One size doesn't fit all. Deliver the right offers, when and where it matters.
Onboarding
Is friction interfering with your seamless onboarding experience and hampering your new customer growth?
Originations
Open more accounts, retain, and grow your customer base without increasing exposure to risk.
Seeing is believing
Learn how a global banking client improved deposit margins by 10%-30% through optimized pricing strategies, efficiently allocating interest expense to fund future growth objectives.