Applied Analytics & ML
Deploy fully interpretable, real-time analytics and ML and leverage the very best AI models in the market today.
Consortium Scores for Account Management
Smarter, faster credit risk assessment to enhance your bottom line.
Accolades
Chartis Research RiskTech100® Annual Report
Winner
FICO awarded top spot in six categories including Innovation, Innovation – AI and Decision Management Platform, Innovation – Retail Finance, Artificial Intelligence Applications, Financial Crime – Enterprise Fraud and Retail Credit Analytics.
Why smarter account management and credit risk approvals drive faster growth
%
increase in revenue within 12 months
%
jump in borrower application volumes
%
rise in new account wins
Overview
Deliver faster, smarter, informed account management with improved credit risk assessment
Agile account management and credit portfolio growth are critical challenges during periods of economic uncertainty. As customers feel the squeeze on household income, growing debt levels and inflationary stressors, meeting borrowers where they are, has never been more important. Success hinges on agile account management, comprehensive credit risk assessment, an understanding of the evolving financial picture of your customers — and the best actions to take to win and retain them. FICO technology and know-how ensures you can cost-effectively accelerate your credit risk and account management processes to help tackle default probability at source. Combine data, automate offerings, and make well-informed credit risk decisions to successfully win, retain and safeguard more customers. Because agile account management is everything - from combines everything from credit line analysis, to predelinquency, collections, card renewals, overlimit assessments and more.
Consortium Scores
By plugging into the power of analytics and artificial intelligence, you can deliver faster, smarter, automated, and well-informed credit risk decisions. It combines everything from credit line management — both increases and decreases — to predelinquency, collections, card renewals, and overlimit assessment and management.
FICO consortium credit risk models allow lenders to target existing customers with tailored treatments to cost-effectively reduce losses, grow revenues, while driving customer experience and brand loyalty. They are informed by more than 100 million bankcards and retail accounts, from hundreds of global lenders, and are powered by FICO’s Masterfile Characteristic Library. As a result, these models accurately predict the potential likelihood of delinquency, ensuring the opportunity for fast, smart and appropriate treatment plans to mitigate the risk of customer default. The breadth of FICO’s data consortium means specific models can be tailored by geography - from the US, to Canada, the UK, EMEA - and beyond, or even to specific products. By combining Consortium Scores with broad-based credit risk analysis, lenders achieve dramatically improved precision in risk detection and business outcomes.
Why FICO?
With more than 60 years’ innovation and pioneering work in predictive analytics, machine learning, and artificial intelligence, FICO provides a complete, end-to-end set of composable capabilities that empower you to uniquely address a vast spectrum of use cases — right across the customer lifecycle. It’s the unique combination of Data, Insights, Actions, and Outcomes that delivers a differentiated approach to AI decisioning and credit risk assessment — at speed and at scale. It enables you to achieve a competitive advantage you’d experience with a fully custom approach — where your unique know-how and intelligence are kept secret — while lowering your costs and speeding up the time to market.
Driving applied intelligence and credit risk assessment.
Digital Jane is everyone’s customer. Today, she’s purchasing a new car. Thanks to the power of analytics and artificial intelligence, it’s possible for the dealership and her bank to deliver faster, smarter, and well-informed risk-aware credit decisions.
Capabilities
FICO solutions offer a wide range of capabilities, empowering you to make smarter, personalized decisions, streamline operations, and improve the customer experience.
Intelligent Decisions
Model decisions with open standards, automate with business rules, and support human-in-the-loop AI.
Digital Twins & Simulation
Unlock a distinct competitive advantage with an enterprise scenario management ecosystem.
Data Connection & Ingestion
Seamlessly connect to and bring in data from any source — when and where it’s needed.
Business Composability
Expertly compose business services that choreograph complex workflows to deliver results at scale.
Always-On Features & Profiling
Get more machine learning projects into production by leveraging a shared library of derived data attributes across your enterprise.
Enterprise Optimization
Unleash the power of mathematical optimization — find solutions to your most complex business problems using high-performance solvers that maximize your desired outcomes.
Digital Twins & Simulation
Unlock a distinct competitive advantage with an enterprise scenario management ecosystem.
High-Performance Dataflow
Put data in motion with real-time, batch, and streaming to power world class decisions.
Related solutions
Customer Acquisition
Outshine the competition and reach new heights. Predictive analytics and enhanced customer onboarding give you the power to achieve portfolio growth while staying within resource constraints.
Customer Management
Your customers’ needs can shift in an instant. Monitor changes and develop real-time 360-degree customer views of account performance with FICO’s advanced customer management technology.
Offer Personalization
One size doesn't fit all. Deliver the right offers, when and where it matters.
Deposits
Attract and retain precious liquidity, grow revenue, and personalize experiences with precise, analytics-driven deposit strategies and execution.
Enterprise Fraud Innovations
More than 30 years of continuous, proven fraud-fighting innovation, powered by artificial intelligence and machine learning.
Pricing Optimization
Personalize offers balancing business objectives and constraints for profitable, optimal pricing decisions that enhance customer experience.
Why lose business to your competitors?
Speak to an Expert
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Request a Demo
After we learn about your unique needs, we’ll organize a customized demo.
Join the FICO Community
As a customer, you’ll be part of global network of fellow innovators.