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Collection Agencies

Collection Agencies

Advanced collection methods collect more. Faster. Smarter. Most of all, compliantly.

Overview

A good place to see how collections impacts competitiveness is the 31-day “time bomb” under IFRS 9 in the financial services industry. To prevent accounts from rolling to Stage 2, and with its requirement for lifetime expected credit loss impairment, some creditors are looking to accelerate collections by assigning more accounts to external collection agencies.

There’s concern, however, about increased exposure to other compliance risks, since creditors are responsible for ensuring third parties treat consumers fairly and adhere to applicable laws and regulations.

Increased placements is a good thing for collection agencies, of course. Instead of throwing bodies at this opportunity, smart organizations are using analytics-driven strategies and automated processes to focus their resources on accounts where they can make the biggest impact in the shortest time, not only to prevent 31-day delinquencies but to collect and recover more.

 

Blaze Advisor Fundamentals for Java Developers | September 22-25, 2020
September 22, 2020

Blaze Advisor Fundamentals for Java Developers | September 22-25, 2020

This two-part course provides a foundation for developing a Blaze Advisor system-enabled application. Part 1 is for both Business Analysts and Developers who maintain rules in the RMA.  Part 2 is for Developers who need to understand the SRL generated by the RMA.  Students are introduced to rule authoring, Structured Rule Language (SRL), testing, RMA generation, lifecycle management in the RMA, and rule project deployment.

Join Us
Blaze Advisor Fundamentals for Java Developers | September 22-25, 2020
September 22, 2020

Blaze Advisor Fundamentals for Java Developers | September 22-25, 2020

This two-part course provides a foundation for developing a Blaze Advisor system-enabled application. Part 1 is for both Business Analysts and Developers who maintain rules in the RMA.  Part 2 is for Developers who need to understand the SRL generated by the RMA.  Students are introduced to rule authoring, Structured Rule Language (SRL), testing, RMA generation, lifecycle management in the RMA, and rule project deployment.

Join Us
Decision Modeler | October 20-23, 2020
October 20, 2020

Decision Modeler | October 20-23, 2020

This course is aimed at developers and rule writers.  The course covers rule authoring using both interactive builder and advanced builder where participants will learn how to write using Structured Rule Language (SRL); project testing and deployment.

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FICO Xpress Fundamentals with Xpress Insight | October 20-23, 2020
October 20, 2020

FICO Xpress Fundamentals with Xpress Insight | October 20-23, 2020

This course familiarizes attendees with optimization models and techniques, and the terminology used to describe them. Participants gain an understanding of the Xpress suite, the Mosel modeling and programming language, and Xpress Workbench. Through a series of projects illustrating applications of the LP and MIP methods, students learn to implement optimization models using Xpress Optimization Suite.

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Decision Modeler | October 27-30, 2020
October 27, 2020

Decision Modeler | October 27-30, 2020

This course is aimed at developers and rule writers.  The course covers rule authoring using both interactive builder and advanced builder where participants will learn how to write using Structured Rule Language (SRL); project testing and deployment.

Join Us
Blaze Advisor Fundamentals for Java Developers | November 17-20, 2020
November 17, 2020

Blaze Advisor Fundamentals for Java Developers | November 17-20, 2020

This two-part course provides a foundation for developing a Blaze Advisor system-enabled application. Part 1 is for both Business Analysts and Developers who maintain rules in the RMA.  Part 2 is for Developers who need to understand the SRL generated by the RMA.  Students are introduced to rule authoring, Structured Rule Language (SRL), testing, RMA generation, lifecycle management in the RMA, and rule project deployment.

Join Us
Decision Modeler | December 1-4, 2020
December 1, 2020

Decision Modeler | December 1-4, 2020

This course is aimed at developers and rule writers.  The course covers rule authoring using both interactive builder and advanced builder where participants will learn how to write using Structured Rule Language (SRL); project testing and deployment.

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Decision Modeler | December 15-18, 2020
December 15, 2020

Decision Modeler | December 15-18, 2020

This course is aimed at developers and rule writers.  The course covers rule authoring using both interactive builder and advanced builder where participants will learn how to write using Structured Rule Language (SRL); project testing and deployment.

Join Us
Thames Water

Thames Water

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Phillips & Cohen

Phillips & Cohen Manages Global Growth While Preserving a Compassionate Approach to Estate Debt Collection with FICO Solution.

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Cabot Credit Management

Cabot Credit Management

Learn how Cabot Credit Management boosted efficiency and customer satisfaction with FICO® Debt Manager™ Solution.

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State of Maryland

State of Maryland

Makes Debt Collection Efficient and Productive with FICO Solution.

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