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Closing the Loop and Eliminating Costly Delays in Analytic Development and Deployment

With FICO’s Analytic Closed- Loop Process, FICO estimates that a lending organization utilizing 10 scorecards measuring various types of behavior can see $500,000 or more in monetary benefits per year.

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Analytics has long been the core of the decision-making process in customer management. The technology, and its level of predictive

precision, has advanced significantly over the past 30 years as organizations have accumulated and taken advantage of vast amounts

of customer data, and moved from manually derived scorecards to developing sophisticated custom models. Yet, there’s always a need for

improvement—new conditions or objectives call for new ways to boostthe predictive power of analytics.