(Minneapolis, Minnesota, USA) - Fair Isaac Corporation (NYSE: FIC), the leading provider of analytics and decision management technology, today announced the latest release of its industry-leading customer and account management solution, the TRIAD® adaptive control system, version 8.4. The TRIAD system gives lending institutions a set of analytics and optimization tools for making account and customer management decisions.
Significantly, TRIAD 8.4 system boasts the addition of Strategy Designer, a new visualization tool that speeds and streamlines the design of strategies. Strategy Designer makes it easier to develop and compare strategies, ultimately making them more effective and generating results faster. This Strategy analysis tool greatly enhances strategy management, and will be used throughout future Fair Isaac Decision Management Products. TRIAD 8.4 system also includes enhancements to the TRIAD Analytic Datamart (TAD), which leverages the data that flows through TRIAD system for strategy and model optimization.
"For lenders, it's critically important to develop, compare and implement decision strategies quickly," said David Lightfoot, vice president for product management at Fair Isaac. "Only TRIAD 8.4 can display complex strategies graphically and make them easy for all parties to understand. In the current business environment, this translates directly to competitive advantage."
The TRIAD 8.4 system with Strategy Designer is available immediately. For current TRIAD 8.3 system users, the upgrade to TRIAD 8.4 system can be completed in a matter of days. Requirements for new installations and migrations from older versions will vary depending on the options chosen.
About Fair Isaac
Fair Isaac Corporation (NYSE:FIC) transforms business by making every decision count. Fair Isaac's Decision Management solutions combine trusted advice, world-class analytics and innovative applications to give organizations the power to automate, improve and connect decisions across their business. Clients in 80 countries work with Fair Isaac to increase customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share. Fair Isaac also helps millions of individuals manage their credit health through the www.myFICO.com website.
Fair Isaac Statement Concerning Forward-Looking Information
Except for historical information contained herein, the statements contained in this press release that relate to Fair Isaac, including statements regarding its TRIAD® adaptive control system, 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, its ability to recruit and retain key technical and managerial personnel, 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, competition, regulatory changes applicable to the use of consumer credit and other data, the possibility that the anticipated benefits of acquisitions, including expected synergies, will not be realized and other risks described from time to time in Fair Isaac's SEC reports, including its Annual Report on Form 10-K/A for the year ended September 30, 2007, and its quarterly report on Form 10-Q for the period ended June 30, 2008. Forward-looking statements should be considered with caution. If any of these risks or uncertainties materializes or any of these assumptions proves incorrect, Fair Isaac's results could differ materially from Fair Isaac's expectations in these statements. Fair Isaac disclaims any intent or obligation to update these forward-looking statements.
Fair Isaac and TRIAD are registered trademarks of Fair Isaac Corporation, in the United States and/or in other countries.
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