FICO® Focused Foundation Model Executive Brief

The Executive Brief introduces FICO® Focused Foundation Model for Financial Services, a domain-specific GenAI solution built to address the unique demands of financial institutions. It highlights why general-purpose AI models fall short in regulated industries and presents FICO’s alternative: two specialized models, FICO FLM for natural language use cases, and FICO FSM for detecting patterns in transaction data and customer behavior. The executive brief outlines initial use cases in compliance monitoring in customer interactions, credit underwriting, and enhanced payments fraud detection, demonstrating how FICO FFM delivers immediate business value while establishing a long-term competitive advantage.  The brief concludes by underscoring that while the initial use cases already deliver measurable value, the broader opportunity lies in expanding FICO FFM across future applications.

• Despite significant investment in GenAI, 95% of organizations fail to see a return due to generic AI models lacking the precision, compliance, and explainability required by financial services
• FICO® Focused Foundation Model for Financial Services (FFM) offers a purpose-built, domain-specific alternative to general-purpose LLMs designed specifically for the unique demands of financial institutions, with two specialized forms: FICO FLM for language and FICO FSM for transaction sequences.
• Initial high-impact use cases include compliance monitoring, credit underwriting, and enhanced payments fraud detection, which show that FICO FFM can display a deep understanding of financial services contexts.
• Patent-pending Trust Scores allow users to assess the reliability of model outputs and natural-language rationales provide transparency in model recommendations.
• Get a strategic advantage today: adopting domain-specific AI for financial services now creates a competitive moat as the industry shifts toward specialized models.