Founded in 1956, FICO introduced analytic solutions such as credit scoring that have made credit more widely available, not just in the United States but around the world. We have pioneered the development and application of critical technologies behind decision management. These include predictive analytics, business rules management and optimization. We use these technologies to help businesses improve the precision, consistency and agility of their complex, high–volume decisions.
For the past 30 years, FICO® Xpress Optimization Suite has been on the forefront of helping businesses across multiple industries, of all shapes and sizes, evolve from spreadsheets and BI to prescriptive analytic-powered decisions. As the premier mathematical modeling and optimization solution in the world, Xpress allows operations researchers, analysts, consultants and others to easily create, deploy and utilize business optimization solutions based on scalable high-performance algorithms, a flexible modeling environment, and rapid application and reporting capabilities for on-premises and cloud installations.
Siron® AML is an advanced analytics solution to detect money laundering. It monitors customers, accounts and transactions with pinpoint accuracy for suspicious activity. Comprehensive investigation, visualization and case management functionalities allow to fully analyze alerts and support the decision process from invalidating a suspicion to electronic filing of suspicious activity reports (SAR) to the authorities. This proven end-to-end software solution helps AML officers to easily keep up with new threats and comply with ever-growing regulatory requirements in a cost-effective way.
The FICO® Falcon® Platform provides event processing, monitoring, rules management and case management services for monetary and non-monetary transactions. These include payments such as payment card authorizations, posting, ACH, wire, person to person, deposit, online payments and bill pay, and mobile banking activity. The Falcon® Platform features an open, extensible architecture, delivered either on-premises or in the cloud, helping institutions maximize the value of their fraud prevention investment.
Companies need decisioning tools that move beyond segmentation to strategy development, yet many decision tools cannot do that. Some tools rely on business experience rather than data, or analyze only one business objective at a time—approaches that are neither efficient nor effective. By comparison, FICO® Analytic Modeler Decision Tree Professional integrates data-driven rules with policies to target segments that support a company’s objectives. Analysts can quickly access and begin using a robust segmentation tool that evaluates multiple business perspectives simultaneously, and allows analysts to move from segmentation to serving populations.
FICO® Identity Resolution Engine (IRE) adds a critical dimension to the fight against fraud by proactively identifying and investigating the true identities of perpetrators and fraud rings. FICO Identity Resolution Engine allows institutions to classify identities and other entities and correlate relationships through their data. Identity Resolution Engine applies predictive graph analytics by analyzing linkages between people, places, documents, and events. Subsequently IRE can generate prescriptive alerts that empower organizations to prioritize fraudulent activity.