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April 19, 2012
WARSAW—April 19, 2012—FICO (NYSE:FICO), the leading provider of analytics and decision management technology, and Outbox, one of the leading consulting companies specializing in the implementation of CRM solutions, today announced that they have signed an agreement to bring next generation analytics and decision management technology to Polish banks and financial institutions. The partnership, announced today at the 8th Annual CEE Credit Risk Management conference in Warsaw, will focus on helping Polish businesses use FICO’s industry-leading solutions and tools to improve and optimize the entire credit lifecycle: marketing, origination, customer management, fraud and collections/recovery.
As a FICO-certified partner, Outbox will provide consultancy and implementation services to the Polish market in close cooperation with FICO. Outbox will help lenders succeed with industry-leading solutions such as FICO® Falcon® Fraud Manager, which protects 2+ billion card accounts worldwide, FICO® Debt Manager™ for collections, and FICO® Blaze Advisor® business rules management system.
“FICO already works with many of Poland’s leading lenders, and our partnership with Outbox will enable us to bring more local support for our clients’ initiatives,” said Phillip Sertel, who directs FICO’s operations across the DACH region and Central and Eastern Europe. “The cooperation with Outbox will deepen our local expertise and enable us to better adapt customized solutions to local needs.”
“In the last two years, we have seen a rising demand for analytics in originations, debt management and fraud management. With the number of regulations banks are facing in Europe, we also see an increasing need for strong solutions to drive growth without violating compliance,” said Piotr Piskorz, director of Banking industry for Outbox. “FICO provides best-in-class tools and solutions for banks and financial institutions that meet these needs, and that fit perfectly into Outbox’s portfolio of leading CRM technology. With FICO we can help our clients get ahead of the competition, comply with new regulations and improve customer service.”
About FICOFICO (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™.For FICO news and media resources, visit www.fico.com/news.
Statement Concerning Forward-Looking InformationExcept 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, 2011 and its last quarterly report on Form 10-Q for the period ended December 31, 2011. 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 and “Make every decision count” are registered trademarks or trademarks of Fair Isaac Corporation in the US and other countries.
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