FICO Aims to Accelerate Businesses’ Digital Transformation Under New Strategic Collaboration Agreement with AWS
FICO® Decision Modeler is first FICO solution available in
Under the new agreement, FICO and AWS will amplify their work to bring more organizations worldwide the power of AI-driven, automated decision workflows with FICO Platform, which runs on AWS, and FICO will broaden its participation in AWS partner programs to accelerate client adoption of FICO Platform. FICO solutions will also be available through AWS Marketplace Private Offers.
The first of these solutions, FICO® Decision Modeler, is now available in
“Customers and partners worldwide benefit from our solutions powered by AWS,” said
Many financial institutions are already using FICO Platform on AWS to drive successful business initiatives, such as Westpac NZ, one of New Zealand’s largest retail banks. “With FICO Platform, which supports transformation at scale on AWS, we've been able to shift from focusing on individual decisions we make on a customer’s account, to thinking strategically about how we manage customers across all of their accounts and throughout their lifetime with the bank,” said
"FICO's decision management solutions provide customers with powerful tools for making data-driven financial decisions," said
This collaboration underscores the value of FICO and AWS to provide flexibility and unlock greater business value for customers across industries. For more information please visit: https://www.fico.com/en/latest-thinking/white-paper/building-ai-decisioning-cloud
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 200 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, insurance, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 80 countries do everything from protecting 4 billion payment cards from fraud, to improving financial inclusion, to increasing supply chain resiliency. The FICO® Score, used by 90% of top US lenders, is the standard measure of consumer credit risk in the US and has been made available in over 40 other countries, improving risk management, credit access and transparency.
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Source: FICO