Originations

Simple, smart, scalable originations—for today and tomorrow.

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Overview

Digital-first experiences worthy of the best customers.

Create a streamlined, omnichannel digital account opening experience for your customers and an efficient, compliant, and low-risk origination process with a loan origination solution (LOS) you’ll never outgrow.

FICO® Originations Solution, Powered by FICO® Platform allows you to reinvent the originations process, so you can:

  1. Streamline and personalize customer experience by removing unnecessary friction seamlessly across channels.
  2. Future-proof your investment with an agile, extensible, cloud-based solution for business users.
  3. Use an enterprise intelligence network, powered by the leading decisioning and analytic platform.
  4. Grow portfolio profitability without added risk or jeopardizing compliance.

How it works

FICO® Originations Solution, Powered by FICO® Platform allows you to reinvent the originations process, so you can:

  1. Streamline and personalize customer experience by removing unnecessary friction seamlessly across channels.
  2. Future-proof your investment with an agile, extensible, cloud-based solution for business users.
  3. Use an enterprise intelligence network, powered by the leading decisioning and analytic platform.
  4. Grow portfolio profitability without added risk or jeopardizing compliance.

Features

With a rich feature set of advanced tools, FICO empowers business users to make faster, smarter, customer-focused decisions.

Interact

Improve every customer touchpoint with intelligent communication channels and personalized marketing offers.

Decide

Apply automation and predictive and prescriptive analytics to make more precise, profitable decisions.

Connect

Continually incorporate the most predictive internal and external data.

A loan origination solution you’ll never outgrow

Future-proof your investment and gain efficient, insight-driven collaboration throughout the customer credit lifecycle and across your lines of business with these features:

FICO® Platform—implement in days, not weeks

What if you could decrease time to decision and manual review by 50%? Effortless, engaging origination that is powered by the industry-leading FICO® Platform. Start simple with configurable templates for fast time-to-value, and then easily add digital sophistication.

Application Processing

Design automated workflows and intuitive user screens. Decrease reliance on technical resources, make changes quickly, and increase speed-to-market.

Lending Decision Strategy

Business users can configure, test, and deploy strategies and lending policies. Build and deploy predictive models, increase speed-to-market with fewer resources, and enable more profitable decisions while managing risk.

Analytic Solutions

Seamlessly deploy pooled, expert, or custom models into the platform. Hosted service provides latest version of FICO® Application Risk Models and FICO® Small Business Scoring Servicesm. Gain world-class analytics to inform decisions, manage risk, and accelerate speed-to-market.

Data Acquisition

Data-source agnostic with support for 130+ pre-built global data providers across a broad geographic range. Integrate predictive internal and external data, increase flexibility, and lower the total cost of ownership.

Omnichannel Customer Communications

Intelligent self-service communication for application status, e-signing, exchanging e-docs, and requesting information via the preferred channel. Increase completion rates, improve engagement, and reduce friction, manual intervention costs, and application abandonment.

Application Fraud Management

Identify, investigate, and resolve first- and third-party fraud risks with pre-built models and configurable fraud detection and decisioning rules. Lower fraud losses, reduce customer friction with false positives, and increase efficiency of fraud investigations.

Identity Resolution

Fight fraud with an entity resolution and graph analytics platform. Scan disparate internal and third-party data, leveraging world-class proprietary fuzzy matching algorithms to resolve identities and common relationships among them.

Decision Optimization

Determine the optimal parameters for offers on a customer-by-customer basis. Develop and implement optimized strategies to drive “best offer” decisions and increase profitability.

Enabling Technologies

With 60+ years of pioneering work in predictive analytics and artificial intelligence, FICO powers our solutions with the most advanced science available.

Platform

Effortless, engaging loan origination powered by the industry-leading FICO Platform. Start simple with configurable templates for fast time-to-value, and then easily add digital sophistication.

Cloud

Provide loan origination that is safe, scalable, and cloud-powered to improve solution flexibility, ROI, and extensibility.

AI, Machine Learning and Advanced Analytics

Drive portfolio profitability for loan origination (without adding risk) through FICO’s pioneering AI and advanced analytic offerings.

Optimization

Simulate, analyze, learn, continually improve. Use prescriptive analytics to optimize loan origination strategies on a customer-by-customer basis to increase profitability, balance constraints, and deepen customer relationships.

Statistics

Our clients have improved their operational efficiency, reduced delinquencies and losses, cut costs, and maintained security and compliance.
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300%
Increase in revenue in the last 12 months
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100%
Increase in application volume capacity
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50%
Increase in new account bookings
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50%
Increase in new account bookings
Case Study

Banreservas

Major Dominican bank leverages automation to standardize credit assessments, reduce costs, and improve the customer experience
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Case Study

Vanquis Bank gains agility, opening new credit possibilities with FICO® Origination Manager

Vanquis Bank believes that customers with limited or no credit history still deserve access to financial products. See how this UK-based bank delivered on this promise with a modern origination process.
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Case Study

TBC Bank Streamlines Processes and Increases Profits

Learn how TBC Bank streamlines processes, boosts sales, and increases profits with FICO.
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Case Study

Origination Solutions Replace Unmanageable Decisioning Technology

In the US and Europe, businesses have long sought financing from non-bank alternatives.
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Case Study

Nationwide Building Society

World’s largest building society grows loan portfolio and profitability.
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Case Study

Raiffeisen Origination Solutions

Raiffeisen Bank Speeds Underwriting, Reduces Risk in Developing Markets.
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Customer Development
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Blogs

Measuring and Eliminating Customer Friction

A digital transformation resolution for 2020.

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Making The Digital Leap in Banking

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Beyond Generation Z: Digital Account Opening for Everyone

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Reinventing Origination: Fixing the Decisions that Matter

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The Ballad of the Small Banker: An SBA Lender’s Experience with PPP Loans

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Looking Ahead and Preparing for a Post-Coronavirus World

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A loan origination solution you’ll never outgrow

Want to learn more about the only turnkey loan origination solution that fits wherever you are today and efficiently scales for where you’ll go tomorrow? Get in touch with one of our experts or request a demo.