Origination

Fast, frictionless, risk-aware loan origination solution — attract (and retain) profitable, digitally-savvy customers.

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Overview

An experience 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. Today’s consumers and small business owners are empowered unlike ever before to research, evaluate, and purchase products and services. FICO® Origination Solution for Financial Services allows you to reinvent the origination process, so you can:

  • Deliver a compelling customer experience.
  • Improve profitability without compromising risk standards or constraining growth targets.
  • Adapt quickly to emerging competitive threats and evolving customer preferences.

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

FICO® Origination for Financial Services delivers the only best-in-class, turnkey loan origination solution that fits wherever you are today and efficiently scales for where you’ll go tomorrow. Start with fundamental origination requirements and grow to build sophisticated, extensible solutions that can be easily enriched with any data, analytics, tools, and applications through FICO’s leading decisioning platform.

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

Configure, test, and deploy lending strategies to manage risk. Stay agile with fewer resources for more profitable decisions.

Analytic Solutions

Seamlessly deploy pooled, expert, or custom models into the platform. Gain world-class analytics to inform decisions, manage risk, and accelerate speed-to-market.

Data Acquisition

Access 100+ pre-built global data providers. Integrate internal and external predictive data, increase flexibility, and lower the total cost of ownership.

Omnichannel Customer Communications

Increase completion rates, improve engagement, and reduce friction and application abandonment with intelligent self-service communication.

Integrated Marketing — Real-Time Prescreen

With an integrated, risk-aware acquisition platform, quickly execute multi-channel campaigns, manage segmentation strategies, and build targeted marketing offers.

Application Fraud Management

Identify, investigate, and resolve 1st and 3rd-party fraud risks. Lower losses, reduce customer friction, and increase efficiency of fraud investigations.

Identity Proofing & Resolution

Reduce onboarding friction with the power and convenience of mobile identity verification. Fight fraud with an entity resolution and analytics platform that resolves identities and relationships.

Decision Optimization

Determine the optimal parameters for offers on a customer-by-customer basis. Optimize 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
Origination

How it works

Solve critical challenges and expand the customer acquisition funnel, using industry-leading capabilities across three key areas:

  • 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.
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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Customer Development
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Customer Development
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Customer Development
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Customer Development
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Customer Development

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 Lenders 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.