The best thing about out-of-the-box solutions, such as FICO, is that the development team has already spent a lot of time and effort on perfecting its functionality. No need to develop software from scratch, test it and deploy. This has already been done by first-class software experts.
The main question at stake is how beneficial it is for a company to buy a FICO license and how does its functionality fit the company’s business processes. The more FICO software is suitable for business requirements, the more profitable it is to buy these solutions.
In our experience, companies that implemented turnkey solutions from FICO received many benefits. Foremost among these is the tremendous saving of time, effort, and money.
About FICO company
The FICO (Fair Isaac Corporation) software solutions company is one of the most reliable analytics organizations in the world. The company’s goal is to help businesses make the right decisions to achieve customer satisfaction, growth, and profit.
FICO, with its innovative approach to mathematical algorithms and Big Data, perfectly analyzes consumer behavior. The company’s analytical products and tools have changed entire industries, including fintech. FICO provides software for fraud detection, risk management, operations optimization, and customer relationship building.
With 90+ offices, FICO serves more than half of the top 100 banks in the world. 95 of the 100 largest U.S. financial institutions and all 100 of the biggest U.S. credit card issuers use FICO software products.
FICO Software solutions
FICO system is perfectly suited to financial institutions, that’s why this software is used by thousands of banking companies around the globe.
Our team has carefully studied FICO solutions and know exactly how they can be applied in the financial industry. Now, after more than five years of FICO development, we know that FICO products meet the needs and demands of the financial industry. We fully rely on it and so do our clients.