BCP uses FICO Platform to transform and optimize pricing in South America

FICO Platform enables BCP to transform and optimize pricing for personal loans and small and medium enterprise products. Combining pricing intelligence and digitalizing the process is essential for the bank’s transformation. The partnership with FICO has a unique advantage by merging technology expertise with sector-specific knowledge. This collaboration brought innovative solutions and created opportunities to change the lives of millions of people in South America.

BCP,  part of Credicorp, is one of the leading financial groups in Latin America with over 40,000 employees. With a market share of more than 30% in integrated financial products, BCP is committed to delivering the right product to the right customer at the right time and channel. To achieve this, BCP embarked on a transformative journey in its pricing process, leveraging the robust capabilities of the FICO platform.

In partnership with FICO, BCP aimed to revolutionize its approach to pricing intelligence and digitalization. This collaboration has allowed BCP to integrate cutting-edge technology with its extensive market reach, optimizing personal loans, factoring, and SME products. The synergy between BCP and FICO has not only enhanced operational efficiency but also fostered innovation and growth within the industry.

Daniela Leon, a key leader at BCP, passionately believes in the transformative power of combining regional ambition with advanced technology. She states, "By putting the best minds in technology together with the best minds in the sector, we are driving innovation that will change our community and industry, creating opportunities to improve the lives of millions in South America."