Originations
Simple, smart, scalable originations—for today and tomorrow.
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:
- Streamline and personalize customer experience by removing unnecessary friction seamlessly across channels.
- Future-proof your investment with an agile, extensible, cloud-based solution for business users.
- Use an enterprise intelligence network, powered by the leading decisioning and analytic platform.
- 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:
- Streamline and personalize customer experience by removing unnecessary friction seamlessly across channels.
- Future-proof your investment with an agile, extensible, cloud-based solution for business users.
- Use an enterprise intelligence network, powered by the leading decisioning and analytic platform.
- Grow portfolio profitability without added risk or jeopardizing compliance.
Features
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® 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
Platform
Cloud
AI, Machine Learning and Advanced Analytics
Optimization
Statistics
Case Study
Banreservas
Case Study
Vanquis Bank gains agility, opening new credit possibilities with FICO® Origination Manager
Case Study
TBC Bank Streamlines Processes and Increases Profits
Case Study
Origination Solutions Replace Unmanageable Decisioning Technology
Case Study
Nationwide Building Society
Case Study
Raiffeisen Origination Solutions
Related products
Learn more about how FICO solutions can drive better decisions and better results for your customers and your organization.
FICO® Originations Solution, Powered by FICO® Platform
Simple, smart, scalable originations—for today and tomorrow.
FICO® Small Business Scoring Service℠
Reliably and consistently minimize the data, time, and expense of assessing a small business applicants’ credit risk.
FICO® Customer Communication Services
Digital communication for origination and onboarding, fraud management, and debt collection.
Related resources
Gain fresh ideas and new strategies for making better business decisions with in-depth thought leadership, solution insights, and customer success stories.
Solution Sheet
FICO® Originations Solution Powered by FICO® Platform
Solution Sheet
FICO Origination Solution for Financial Services
Solution Sheet
FICO® Customer Communication Services for Originations
Webinar
North America Digital Account Opening (DAO)
Blogs
Making The Digital Leap in Banking
Read more
Beyond Generation Z: Digital Account Opening for Everyone
Read more
Reinventing Origination: Fixing the Decisions that Matter
Read more
The Ballad of the Small Banker: An SBA Lender’s Experience with PPP Loans
Read more
Looking Ahead and Preparing for a Post-Coronavirus World
Read moreA 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.