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The FICO® Risk and Affordability Decision Suite, powered by Equifax®, is a new RegTech solution designed to help lenders address compliance requirements to accurately assess customer affordability risk, creditworthiness and credit risk within their existing FICO® TRIAD® Customer Manager platform while contributing insight into stress and impairment calculations.
An end-to-end managed service, this RegTech solution provides a greater level of granularity and foresight into the current and potential future state of a borrower to determine the most appropriate strategy for each customer to be implemented through FICO® TRIAD® Customer Manager – and still open to innovation and adaption as market needs change.
Deeper customer insight
Fulfil compliance objectives balanced with optimal and individualized customer management.
Compliant by design
Compatible with wider risk management frameworks and regulatory requirements.
Fast time to value
Rails in place for efficiency, lower costs, streamlined implementation as an end-to-end managed service.
Make more informed decisions
Assess affordability concurrently with creditworthiness through additional and most current customer credit behavior data.
The FICO® Risk and Affordability Decision Suite incorporates a series of preconfigured decision keys, calculated at Equifax and seamlessly delivered to the host platform for consumption in FICO® TRIAD® Customer Manager.
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