FICO and iSphere Partner to Deliver Analytic Solutions in Philippine Market

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Manila, Philippines—April 11, 2011—FICO (NYSE:FICO), the leading provider of analytics and decision management technology, will partner with iSphere Global to introduce FICO’s predictive analytics and decision management solutions in the Philippines, initially to financial services companies. Together, FICO and iSphere Global will help local banks grow their credit card portfolio without taking on unreasonable amounts of risk.

The distribution agreement covers FICO’s decision management solutions and custom analytics – including FICO™ TRIAD® Customer Manager, FICO™ Blaze Advisor® business rules management and FICO™ Falcon® Fraud Manager – in combination with iSphere Global’s technology, products and systems integration services.

FICO™ TRIAD® Customer Manager is the leading credit account and customer management solution, with advanced analytics and strategy consulting and tools. FICO™ Blaze Advisor® is the world's leading business rules management system, which provides companies across industries with a scalable solution that delivers agility and easy-to-implement smarter business decisions. FICO™ Falcon® Fraud Manager is the most accurate and comprehensive solution for detecting payment card fraud, reducing losses by up to 50 percent and protecting 2.1 billion cards worldwide.
In an exclusive invitation-only banking forum titled “Analytics as a Business Driver,” organized by iSphere Global and attended by 30 senior-level banking officers in March, FICO introduced its expertise in decision management that uses predictive analytics to help businesses automate, improve, and connect decisions across organizational silos and customer lifecycles.

According to Gerard Drilon, Country Head and Vice President for iSphere Global, bringing the world-class capabilities of FICO to the Philippines would help advance the operations of the local financial institutions, as they would now be provided with an efficient system to make more effective customer decisions and thwart corporate risks.
Dan McConaghy, President and General Manager of FICO Asia Pacific, said banks in the Philippines are eager to leverage FICO’s 50-plus years of working in banking, applying analytics to help large and small lenders grow while controlling risk and fraud.

“Fewer than 10 million Filipinos are using credit cards, and the country is looking to double that over the next 12 months. With that growth comes tremendous opportunity, but with that growth also comes considerable risk, as we saw in other countries that did not practice prudent credit risk management. FICO scoring solutions and analytics dig deeper into customer data, and this is very important as banks seek a competitive edge in understanding their customers. FICO’s predictive analytics system gives businesses the power to make more effective decisions based on sharper forecasts of consumer behavior,” said McConaghy.

Increased Credit Portfolio
Dr. Rita Chakravarti, pre-sales director for FICO Asia Pacific and a veteran in the analytics industry, added: “FICO has been the pioneer in bringing scoring and predictive analytics to financial services. FICO clients are better positioned to win mind share – and wallet share – based on a superior understanding of every customer’s needs, likely behavior and risk.”

Phil Norman, analytics director delivery for FICO Asia Pacific, seconded this point during the forum: “FICO helps clients increase their customer loyalty and profitability, cut fraud losses, manage credit risk, meet regulatory and competitive demands, and rapidly build market share.”

FICO has nearly 500 employees and 12 offices throughout Asia Pacific with regional headquarters in Singapore. FICO serves two-thirds of the top 25 Asia Pacific banks, including 10 of the top banks in China; three of the top four banks in Australia; and three top banks in Singapore, among many others.

About iSphere Global
Established in the year 2001, iSphere Global was built around the principles of excellence and the best industry practices. Headquartered in Melbourne, Australia and with offices in Singapore and Manila, iSphere is one of the leading IT Consulting Companies in the region with expertise on payment systems, fraud and risk systems, project management, system integration, Business and technology consulting, and autonomous testing.

About FICO
FICO (NYSE:FICO) 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 FICO® Score — the standard measure of consumer credit risk in the United States — along with industry-leading solutions for 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 also helps millions of individuals manage their personal credit health through

FICO 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, 2010. 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.

Media contacts


Katie O’Connell
+1 510-621-9832

Europe, Middle East & Africa

Darcy Sullivan
+44 (0) 7808-777-339

Asia Pacific

Saxon Shirley
+65 6422-7795

América Latina

Milla Delfino
+55 11 97673-6583

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