The companies are planning joint messaging and related activities under the marketing alliance and, as part of this effort, Fair Isaac will participate in IBM SOA educational events.
Last year, IBM announced the IBM SOA Specialty, a marketing initiative for IBM Business Partners in the IBM PartnerWorld for Industry Networks program. SOA enables business flexibility through the integration of often disparate systems, data, applications, and processes across and beyond an enterprise, giving organizations the power to reduce complexities, extend the value of existing IT investments and dynamically respond to changing business conditions.
The IBM SOA certification demonstrates Fair Isaac's ability to provide specific customer solutions in a service-oriented architecture by integrating its Blaze Advisor system with the IBM WebSphere software platform and specifically the WebSphere Process Server. Blaze Advisor accelerates and simplifies strategy execution with enterprise business rules to help businesses more efficiently manage mission-critical business processes. It delivers strategic benefits including improved customer service and responsiveness, higher revenues, regulatory compliance, quicker time-to-market, and reduced overall IT and operational costs.
"Fair Isaac is a leader in automating business decisions, and I welcome their integration with the IBM SOA Platform," said Tom Rosamilia, Vice President, WebSphere, IBM Software Group. "Its Blaze Advisor business rules technology extends the concept of business agility and adds value for our mutual customers."
"The benefits and strategic advantages of implementing business rules technology together with SOA architectures are being demonstrated across many industries," said Mark Layden, Fair Isaac Vice President of EDM Technologies and Custom Solutions. "The validation of Blaze Advisor into IBM's SOA framework promises new levels of speed, flexibility, agility, and adaptability for business applications in organizations of every size, in every industry."
The use of Blaze Advisor within a service-oriented architecture provides clear benefits through the separation of decision logic from application functionality. Blaze Advisor ensures that disparate applications behave consistently, are able to automate complex decisions and quickly adapt to changing business requirements. It also offers organizations the ability to incrementally transition from legacy systems to a service-oriented architecture.
As the industry standard among business rules solutions, Blaze Advisor has hundreds of worldwide customers across multiple industries, including financial services, insurance, healthcare, government and telecommunications. It is the first rules engine to support Java, .NET and COBOL deployment of the same rules. The multi-platform solution supports Web Services and SOA, Java 2 Enterprise Edition (J2EE) platforms, Microsoft .NET and COBOL for z/OS mainframes.
Fair Isaac's Blaze Advisor is a core technology of the company's suite of products for Enterprise Decision Management, which combines data analytics, predictive modeling, decision model optimization and policy-level control to help organizations define and manage their automated business systems for improved efficiency and greater profitability.
About Fair Isaac
Fair Isaac Corporation (NYSE:FIC) makes decisions smarter. The company's solutions and technologies for Enterprise Decision Management give businesses the power to automate more processes and apply more intelligence to every customer interaction. Through increasing the precision, consistency and agility of their decisions, Fair Isaac clients worldwide increase sales, build customer value, cut fraud losses, manage credit risk, reduce operational costs, meet changing compliance demands and enter new markets more profitably. Founded in 1956, Fair Isaac powers hundreds of billions of decisions per year in financial services, insurance, telecommunications, retail, consumer branded goods, healthcare and the public sector. Fair Isaac also helps millions of individuals manage their credit health through the www.myFICO.com website.
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 Blaze Advisor business rules management system and the relationship described herein, and the benefits to be derived from this offering, 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 any unforeseen technical difficulties related to the implementation, use and functionality of the offering, the risks that customers will not perceive material benefits from the offering, failure of the product to deliver the expected results, the possibility of errors or defects in the offering, regulatory changes applicable to the use of consumer credit and other data, and other risks described from time to time in Fair Isaac's SEC reports, including its Annual Report on Form 10-K for the year ended September 30, 2006. 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.
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