BV Financeira Adopts FICO Decision Management Technology to Make Faster, Smarter Lending Decisions

Decision Management & Optimization
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SÃO PAULOJuly 1, 2013 - FICO (NYSE: FICO), a leading predictive analytics and decision management software company, today announced that Brazilian financial services provider BV Financeira has deployed FICO® Blaze Advisor® business rules management system to improve lending decisions for a wide range of credit products.

The consumer credit arm of Banco Votorantim, the fourth largest Brazilian private bank, will use FICO Blaze Advisor to accelerate decisions on auto loans and auto refinancing, consumer credit, payroll-deductible loans, credit cards and mortgage loans, all while maintaining stringent risk management standards. The Blaze Advisor implementation is the backbone for BV Financeira’s mission-critical auto loan underwriting platform. This project was successfully completed in just 6 months, from development to deployment.

“We chose FICO based on its recognized expertise at developing and implementing world-class decision management tools for institutions like ours,” said Andre Duarte, BV Financeira’s Director for Credit Risk and Collections. “Using FICO Blaze Advisor, we are able to develop, validate and implement business rules and credit policies faster and more consistently, while having the flexibly to anticipate or quickly respond to market dynamics.”

"Credit origination is fiercely competitive in Brazil, and the objectives of BV Financeira called for a robust solution that was both IT- and user-friendly,” said Robert Duque-Ribeiro, vice-president and general manager of FICO Latin America. ”By developing its credit origination services on the FICO Blaze Advisor platform, BV strengthens its competitive edge by reducing the time required for credit approvals, and introducing highly flexible, customized product and customer strategies.”
FICO Blaze Advisor® business rule management system features unparalleled speed of delivery and flexibility, which allows users to easily optimize and manage large volumes of automated decisions. FICO Blaze Advisor provides the facilities for users to design, optimize, execute and maintain business rules and policies as part of its automated decision management application.

About BV Financeira
BV Financeira is the financial arm of Banco Votorantim and works with consumer credit, focusing on vehicle financing and personal loans.

About FICO
FICO (NYSE:FICO), formerly known as Fair Isaac, delivers superior predictive analytics solutions that drive smarter decisions. The company's groundbreaking use of mathematics to predict consumer behavior has transformed entire industries and revolutionized the way risk is managed and products are marketed. FICO's innovative solutions include the industry-leading solutions for measuring credit risk, managing credit accounts, identifying and minimizing the impact of fraud, and customizing consumer offers with pinpoint accuracy. Most of the world's top banks, as well as leading insurers, retailers, pharmaceutical companies and government agencies, rely on FICO solutions to accelerate growth, control risk, boost profits and meet regulatory and competitive demands.

FICO: Make every decision count™.
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Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this news release that relate to FICO or its business are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the success of the Company's Decision Management strategy and reengineering plan, the maintenance of its existing relationships and ability to create new relationships with customers and key alliance partners, its ability to continue to develop new and enhanced products and services, its ability to recruit and retain key technical and managerial personnel, competition, regulatory changes applicable to the use of consumer credit and other data, the failure to realize the anticipated benefits of any acquisitions, continuing material adverse developments in global economic conditions, and other risks described from time to time in FICO's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2012 and its last quarterly report on Form 10-Q for the period ended March 31, 2013. If any of these risks or uncertainties materializes, FICO's results could differ materially from its expectations. FICO disclaims any intent or obligation to update these forward-looking statements.

FICO, Blaze Advisor and "Make every decision count" are trademarks or registered trademarks of Fair Isaac Corporation in the US and other countries.

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