When the Price is Right: Using Simulation and Optimization for the Win-Win

Can you use loan pricing to achieve your portfolio goals in these difficult times? Can you do it precisely enough to guarantee a significant boost in profitability while increasing customer satisfaction?

Join us to hear directly from a lender who has succeeded in answering both of those questions with a resounding “Yes”. Petr Kapoun, Chief Risk Officer at Home Credit Russia, will share how his team leveraged FICO solutions for loan pricing optimization to achieve remarkable results – a 26% increase in portfolio profit and a 29% increase in new sales. In this Q&A session, Petr will share his team’s secrets to success, including:

• The importance of adopting decision optimization in the lending space to replace guesswork with using analytics to simulate outcomes of changing strategies.
• The multiple benefits discovered by working with FICO, including proven uplift, a structure for collaboration and business outcome forecast reliability.
• How quickly they achieved results.