Latest news with #AlexandreGraff
Business Wire
27-05-2025
- Business
- Business Wire
FICO Aims to Accelerate Businesses' Digital Transformation Under New Strategic Collaboration Agreement with AWS
BOZEMAN, Mont.--(BUSINESS WIRE)-- FICO (NYSE: FICO) – Global analytics software leader FICO announced today that it has signed a new strategic collaboration agreement with Amazon Web Services (AWS). This agreement builds on the longstanding collaboration between the two firms, under which they advance businesses' digital transformation and power customer connections. FICO and AWS will amplify their work to bring more organizations worldwide the power of AI-driven, automated decision workflows with FICO Platform 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. AWS Marketplace is a digital catalog with thousands of software listings from independent software vendors that make it easy to find, test, buy, and deploy software that runs on AWS. The first of these solutions, FICO® Decision Modeler, is now available in AWS Marketplace. FICO Decision Modeler is the advanced decision management system that powers greater flexibility, ease of use and decision accuracy, and is at the core of FICO Platform. 'Customers and partners worldwide benefit from our solutions powered by AWS,' said Alexandre Graff, vice president of Global Partners & Alliances at FICO. 'We also work collaboratively on solution development, for example through the AWS Generative AI Innovation Center, where we are developing agentic AI capabilities within FICO Platform. And the collaboration is a two-way street; Amazon has an enterprise license for our FICO® Xpress optimization suite, which is used for multiple purposes including within Amazon Connect. This is a multi-faceted collaboration.' 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 Regan Goble, Risk Analytics senior manager at Westpac NZ. "FICO's decision management solutions provide customers with powerful tools for making data-driven financial decisions," said Scott Mullins, managing director, Worldwide Financial Services at AWS. "Making these solutions available in AWS Marketplace simplifies procurement for our customers while providing the security, scalability, and performance benefits of AWS. Together with FICO, we're helping financial institutions transform their operations with advanced analytics and AI capabilities that deliver tangible business outcomes." 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: 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. FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
Techday NZ
27-05-2025
- Business
- Techday NZ
FICO & AWS expand AI decision platform via marketplace
FICO has signed a new strategic collaboration agreement with Amazon Web Services to expand the global reach of its decision management solutions. The agreement will see FICO and AWS increase their joint efforts to provide organisations worldwide with access to AI-driven, automated decision workflows on the FICO Platform, which operates on AWS. FICO plans to broaden its involvement in AWS partner programmes in order to help accelerate the adoption of its solutions among clients. Under the terms of the agreement, FICO solutions will be made available through AWS Marketplace Private Offers, allowing customers to find, test, buy, and deploy software that runs on AWS. AWS Marketplace offers a digital catalogue of software listings from independent vendors. The first FICO solution now available in AWS Marketplace is FICO Decision Modeler, a decision management system designed to enhance flexibility, usability, and decision accuracy. Decision Modeler forms a core component of FICO Platform. Alexandre Graff, Vice President of Global Partners & Alliances at FICO, explained the scope of the collaboration: "Customers and partners worldwide benefit from our solutions powered by AWS. We also work collaboratively on solution development, for example through the AWS Generative AI Innovation Center, where we are developing agentic AI capabilities within FICO Platform. And the collaboration is a two-way street; Amazon has an enterprise license for our FICO Xpress optimization suite, which is used for multiple purposes including within Amazon Connect. This is a multi-faceted collaboration." Several financial institutions are already utilising FICO Platform on AWS. Westpac NZ, one of New Zealand's largest retail banks, has reported a shift in approach with the adoption of these systems. Regan Goble, Risk Analytics Senior Manager at Westpac NZ, said: "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." Scott Mullins, Managing Director, Worldwide Financial Services at AWS, commented on the availability of FICO solutions in the marketplace. "FICO's decision management solutions provide customers with powerful tools for making data-driven financial decisions. Making these solutions available in AWS Marketplace simplifies procurement for our customers while providing the security, scalability, and performance benefits of AWS. Together with FICO, we're helping financial institutions transform their operations with advanced analytics and AI capabilities that deliver tangible business outcomes." The collaboration aims to provide increased flexibility and business value to customers in a range of industries through the application of advanced analytics and AI-driven decisioning in the cloud. Follow us on: Share on:
Business Wire
09-05-2025
- Business
- Business Wire
FICO Partner Awards Demonstrate Power of Advanced Analytics Solutions
HOLLYWOOD, Fla.--(BUSINESS WIRE)-- FICO World 25 – At its annual FICO® World conference today, global analytics software leader FICO announced the winners of its second FICO® Partner Awards. These six awards recognize firms that are delivering outstanding value to their business customers using FICO® Platform. These six awards recognize firms that are delivering outstanding value to their business customers using FICO® Platform. Share 'Our partners continue to thrill us with their commitment, their innovation and their vision for the future,' said Alexandre Graff, vice president for global partners and alliances at FICO. 'These awards celebrate impressive achievements, and they are just a glimpse of the creative work we and our partners are doing to drive outstanding business results for our joint customers.' The winners are: New Partner Award: Fujitsu Fujitsu and FICO began working together in September 2024. The partnership will bring to that market FICO® Platform, as well as FICO solutions for optimization, customer communications and fraud management. Fujitsu also plans to integrate FICO Platform components in its solutions, designed to help customers grow their businesses and solve societal issues. A dedicated team from Fujitsu is committed to position FICO Platform as the engine of digital transformation and financial industries' modernization in Japan. Platform Award: TSYS As a long-standing and trusted partner for three decades, TSYS, a global payments company, continues to invest in new FICO technologies, ensuring their clients benefit from cutting-edge solutions, particularly through their adoption of FICO's latest customer management solution. By leveraging FICO® Strategy Director, powered by FICO® Platform, TSYS demonstrated an innovative approach to delivering exceptional solutions and value to their clients. Fraud Fighting Award: Fiserv With more than 30 years of partnership, FICO and Fiserv have delivered innovative solutions throughout the financial industry. This award celebrates Fiserv's exceptional commitment to combating fraud and protecting financial institutions and their customers. Leveraging FICO technologies combined with Fiserv's expertise, Fiserv's dedication to staying ahead of emerging threats has positioned them as a leader in the fraud prevention space. Financial Inclusion Award: Dock Dock, a strategic partner of FICO in Latin America for more than five years, has positioned itself as a key player in promoting financial inclusion. By developing financial solutions integrated with FICO technologies for fraud management, omnichannel communications and authorizations, Dock enables more than 200 clients to increase consumers' confidence in digital banking solutions, part of expanding financial inclusion. Innovation Award: TCS Natural catastrophes have wide ranging impacts across the economy, extending beyond insurance and banking to industries like construction, telecommunications, and manufacturing. Currently, credit ratings used to assess financial risks do not adequately consider climate risks. This miscalculation has led insurers and lenders to avoid certain areas altogether. To address this multibillion-dollar issue, TCS has partnered with FICO and other innovators to provide enhanced climate risk assessment tools for financial decision makers across various sectors. This collaboration will help CFOs, Chief Risk Officers, portfolio managers, underwriters and lenders more accurately assess climate related risks, and simulate the financial impact of the decisions they are making. Early Marketplace Adopter Award: LexisNexis® Risk Solutions Following nearly a decade of working with FICO, LexisNexis® Risk Solutions was a natural choice as an early adopter when FICO set out to launch FICO® Marketplace. Their commitment to innovation and a shared vision for growth have made them a key FICO Marketplace provider, providing data sources through FICO's new B2B exchange for decision assets. LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. 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. FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
Business Wire
23-04-2025
- Business
- Business Wire
FICO and dacadoo Partner to Bring AI-Powered Precision to Life Insurance
ZURICH & BOZEMAN, Mont.--(BUSINESS WIRE)--Global analytics software leader FICO and dacadoo, a global leader in customer engagement via a digital wellness tracking platform and health risk quantification product offering, have partnered to enhance the way insurance companies can assess and manage risk, promote health/wellness, and improve customer engagement. dacadoo will integrate FICO's advanced AI, analytics and decision management capabilities from FICO® Platform with its health risk quantification risk engine, giving insurers more precise and personalized risk assessments for applicants, helping them better match policies and pricing with each individual. 'Through our new partnership with FICO, insurers will be able to use more dynamic data to assess the risk of each applicant, and to design highly personalized insurance products for their customers." Peter Ohnemus, dacadoo president & CEO Share More information: 'We have brought to market an innovative solution that enables insurers to target their life insurance products at specific profiles,' said Peter Ohnemus, dacadoo's president & CEO. 'Through our new partnership with FICO, insurers will be able to use more dynamic data to assess the risk of each applicant, and to design highly personalized insurance products for their customers using advanced decision science. They can use the FICO capabilities to enhance their own risk modelling and create more complex decision trees. We are giving insurers a whole new level of risk assessment precision to help them build their portfolio.' The partnership empowers insurers to shift from traditional, static underwriting models to a dynamic, behavior-based approach — reducing operational costs, enhancing customer loyalty, and improving risk management, all while driving long-term profitability. With over 80% of insurers identifying improved underwriting and customer experience as critical priorities, this collaboration enables key capabilities such as: Hyper-personalized risk scoring and underwriting Behavioral engagement and wellness-driven policy models Real-time decisioning for claims and onboarding Predictive modeling for claims, lapses, and customer lifetime value The two firms estimate that insurers using their combined solutions could achieve a 20–30% increase in customer lifetime value through personalization and engagement, and a 30–50% reduction in underwriting time via automated, real-time decisioning. 'We see the dacadoo platform as a game-changer,' said Alexandre Graff, vice president for global partners and alliances at FICO. 'It not only helps insurers grow their business responsibly, it helps people better manage their health through the digital health engagement platform. We see tremendous opportunities to infuse FICO's expertise in AI and decision management into dacadoo's platform and create a better outcome for insurers and individuals.' About dacadoo dacadoo is a Swiss-based technology company that develops technology solutions for digital health engagement and health risk quantification. Our Enterprise SaaS based digital health engagement platform (DHEP) is a mobile-first solution that leverages behavioral science, AI, and gamification to help end-users improve their health outcomes while helping clients to improve customer engagement and loyalty through personalization. This platform is available in over 18 languages and can be licensed as a white label offering or through APIs to develop/enhance custom solutions. Our award-winning Risk Engine, which calculates relative risk on mortality and morbidity in real-time, is also available for license through APIs. dacadoo's global employees are committed to making the world a healthier place. We strongly value security and privacy, with an Information Security and Privacy Management System certified to ISO 27001 and ISO 27701 standards. Learn more: 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. FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.
