Origination
Fast, frictionless, risk-aware loan origination solution — attract (and retain) profitable, digitally-savvy customers.
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
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
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
Platform
Cloud
AI, Machine Learning and Advanced Analytics
Optimization
Statistics
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
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® Origination Manager
Flexible, frictionless loan origination — the right fit for today’s origination needs, and future-proofed for 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.
Product Sheet
FICO Origination Solution for Financial Services
Product Sheet
FICO Customer Communication Services – Originations
Webinar
North America Digital Account Opening (DAO)
Webinar
North America Ensuring Small Businesses Survive and Recover
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 Lenders 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.