Credit Risk Connection has partnered with FICO as a value-added reseller of the FICO® Analytic Modeler Scorecard Professional software in the Middle East Africa region.

FICO® Analytic Modeler Scorecard Professional is a hosted predictive analytics solution designed to give today’s business analysts the sophisticated modelling capabilities they need. Easy-to-learn, easy-to-use scorecard features improve model quality and predictive insights, making it a powerful tool for better decision making, particularly in highly regulated industries that require transparent, engineered models.

Scorecard Professional is the right answer for analysts, their organisations and their customers because it:

Makes complex predictive analytics easier. Scorecard Professional’s advanced scorecard technology maximises data’s potential. Sophisticated modelling functionality addresses imperfect (missing, incorrect or biased) data with optionally invoked constraints and selection bias correction functionality. FICO® Analytic Modeler Scorecard Professional also develops more actionable models by reducing negative correlation between competing objectives (revenue vs. risk, response vs. attrition). Yet Scorecard Professional is simpler to use than many modeling tools and can be adapted to multiple risk contexts including marketing, credit acquisition and management, and fraud detection.

Reduces model cycle time and improves productivity. Analysts need no programming or deep analytic skills to use Scorecard Professional, so organisations can immediately expand their pool of potential hires beyond expensive data scientists. And there’s no need for protracted training, as easy-to-use interfaces shorten learning curves. In fact, Scorecard Professional is so intuitive that using it reduces model development cycle time by 25% to 33%, significantly boosting analyst productivity.

Lowers IT costs while increasing integration of analytic tools. Scorecard Professional’s hosted environment delivers flexibility and scalability to one or many locations, supporting anywhere, anytime collaboration by dispersed team members. A SaaS implementation also makes upgrades easier because they are run virtually at scheduled off-peak hours. Scorecard Professional integrates with FICO solutions such as FICO® Blaze Advisor® business rules management system and third-party solutions by generating model code in PMML, SAS and SQL.

Supports regulatory compliance. Scorecard Professional generates scorecards with interpretable and intuitive score formulas, making them easy to understand and digest by auditors and non-analysts. The tool delivers one-click, audit-ready model documentation in industry-standard Excel format. And Scorecard Professional outputs are maintained in an accessible central repository, supporting audit actions and trails.

Scorecard Professional has been adopted by risk and marketing analysts in a range of industries, with more than 300,000 models developed for various use cases. As part of FICO® Analytic Cloud, it is supported by a service team dedicated to helping business users extract maximum value from their data and do their best work.

More information on FICO can be found at: www.fico.com