FICO® Origination Manager

© 2015 Fair Isaac Corporation. All rights reserved. 1

DECISION MANAGEMENT TOOLS FICO Decisions Management Platform

ORIGINATIONS

With FICO® Origination Manager, you can:

Improve profitability while managing risk: Make

targeted offers and precise pricing (businesses have realized a 28% increase in profit per application after 15 months).

Increase decision impact: Leverage cross-functional,

connected data to maximize the customer’s value.

Adapt faster: Shorten the learning curve and adjust

rapidly to dynamic market and regulatory changes.

Reduce costs: Leverage business-user configurable

technology to cut deployment time and reduce manual reviews by 25%–50%.

Originating a new account is a critical decision affecting 80% of measurable risk throughout the life of an account, and it sets the stage for yield potential from the customer. FICO® Origination Manager delivers the power to make more precise, value-based decisions at the origination stage, enabling you to grow more profitable portfolios while managing customer-level risk. Built on a platform using service-oriented architecture principles, it minimizes your IT dependence and ongoing maintenance requirements.

Drive profitable growth in a challenging marketWhile lending institutions want to outpace competitors to win over profitable customers, they also recognize the need to progress in a more controlled, measured fashion. Now it’s critical that pricing and offers precisely offset risk and potential losses. Lenders must adapt to new regulations quickly. Costs must be contained. And it’s imperative that lenders discover new approaches to connecting with and engaging today’s more savvy, demanding consumer.

FICO® Origination Manager is an application-to-decision solution that delivers a predictive analytic advantage to origination decisions. It helps lenders build more profitable portfolios and manage risk on a customer-level basis, while cost effectively adapting to rapid changes in the business and regulatory environments. FICO delivers the most advanced statistical modeling techniques and analytical approach to credit decisioning in a flexible, easily deployed solution.

ORIGINATIONSFICO® Origination Manager

© 2015 Fair Isaac Corporation. All rights reserved. 2

Act on a more holistic view of customer potentialFICO® Origination Manager supports connected decisions across the entire lending lifecycle for a more holistic view of the customer relationship that can then be factored into origination decisions. As a result, you are better equipped to apply the most advantageous pricing, detect first- and third-party application fraud to reduce losses and the efficiency of collections, and approve profitable customers.

A modular approach FICO Origination Manager is composed of four core modules that can operate together or independently to best fit your origination needs and reduce Total Cost of Ownership (TCO):

The Application Processing Module includes preconfigured workflow processing steps, queues and data capture that reduce the implementation cycle time. With FICO® Application Studio embedded in the module, it can also be configured to fit your specific application processing requirements with data model extensions, screen modifications, custom workflow steps and integration with required data sources.

The Decision Module, leveraging FICO® Blaze Advisor® decision rules management system, includes an intuitive user interface that enables business users to author rules and deploy business strategies quickly, without the need for IT coding. It also facilitates model deployment, characteristic generation and champion/challenger strategy testing.

The Analytic Module provides access to a FICO-hosted service that scores each applicant using the latest version

of FICO® Application Risk Models and FICO® Small Business Scoring ServiceSM (SBSSSM) solution.

The Data Acquisition Module provides access to small business reporting agencies in North America and consumer credit reporting agencies within North America and UK.

Optimize, protect and communicate decisions with FICO technology and expertiseThe Decision Module works in conjunction with FICO® Decision Optimizer, supporting the development and implementation of optimized strategies to drive “best offer” decisions and increased profitability. You can further increase efficiency by applying it to multiple decision areas, such as price, term and amount. The Decision Module can also work in conjunction with FICO® Model Builder, by enabling you to build predictive models within Model Builder and easily deploying them within the Decision Module.

Just as important as having the right technology tool is having the knowledge to use it to the greatest effect. Fair Isaac® Advisors specialists offer many years of experience in the application of sophisticated analytic models to solve major business issues. They can help you realize the full benefit from the design, testing and evaluation of origination decisions to maximize growth while controlling risk.

Detect first-party and third-party fraud with access to application fraud models in FICO® Application Fraud Manager, and with rules and queuing within FICO Origination Manager.

Fair Isaac® Advisors

FICO® Origination Manager

AnalyticModule

DataAcquisition

Module

Application Processing Module

FICO®

ModelBuilder

FICO®

DecisionOptimizer

DecisionModule

FICO® CustomerCommunication Services

for Originations

FICO® ApplicationFraud Manager

Solution overview

FICO® Origination Manager links a lender’s internal users with FICO predictive analytics to create an end-to-end, application-to-decision processing solution.

ORIGINATIONSFICO® Origination Manager

© 2015 Fair Isaac Corporation. All rights reserved. 3

Complement your origination process with improved customer contact, engagement and interaction strategies based on the FICO® Customer Communication Services set of solutions. This automated contact solution can help keep customers informed of status or request additional information via the channel most suited to each customer (e.g., voice or SMS).

Take advantage of advanced analyticsFICO® Origination Manager can be used with FICO’s latest, more advanced predictive analytics, including:

• FICO® Score 9, with unprecedented predictive power to help you more precisely evaluate customer risk.

• FICO® Custom Models that tailor FICO’s predictive analytic capabilities to your particular business needs. For instance, custom application risk models and application fraud models.

• FICO® Model Builder that gives lending institutions the ability to perform reject inference, build custom predictive models and rapidly deploy those models for improved origination decisions.

• FICO® Application Risk Models accessed via the Analytic Module to provide cost-effective access to predictive analytics specifically designed for assessing risk across a variety of portfolios.

• FICO® Small Business Scoring ServiceSM, accessed via the Analytic Module, which enables small business credit grantors to assess credit risk, comply with regulatory requirements and offer faster responses to small business applicants through process automation and instant risk assessment.

• FICO® Credit Capacity Index™, which rank-orders applicants based on their ability to take on additional credit.

• FICO® Economic Impact Service that allows lending institutions to capture the impact of current economic conditions and forecasts on risk scores.

Make rapid adjustments in a dynamic marketWith market conditions constantly changing, FICO Origination Manager gives you the power to stay out front. It enables you to:

• Host and manage multiple organizations (or tenants) within one deployed instance of the solution, allowing shared resources, users and configured elements, thereby easing administration while also providing the ability to configure on a per tenant basis.

• Test new strategies in a closed-loop process based on FICO’s adaptive control technology.

• Provide internationalization capabilities that allow localization of UI fields and display UI information, such as date and time, based on the user’s locale. Multiple languages can be used from the same instance.

• Capture and store operational data for strategy refinement at time of origination and through your customer’s relationship lifecycle.

• Take advantage of FICO Origination Manager to simulate strategies before going live, and to roll out more profitable strategies.

• Simulate business impact of regulatory changes before rolling out new rules in order to avoid costly mistakes.

• Use a common data model and performance reporting to improve data capture, tracking and model recalibration.

The UK’s largest consumer co-operative

Challenge: The co-operative wanted to refine risk-based pricing on new loan applications to maximize profitability while pricing competitively.

Solution: The bank applied FICO® Custom Decision Optimization and leveraged custom built models and optimization methodology and tools to meet specific business goals.

Results:

• 12% increase in acceptance and loans opened.

• 28% increase in profit per application within 15 months.

• 45% increase in profit per application forecast over the term of the loan.

• Decrease in bad debt levels.

NORTH AMERICA +1 888 342 6336 [email protected]

FOR MORE INFORMATION www.fico.com www.fico.com/en/blogs

LATIN AMERICA & CARIBBEAN +55 11 5189 8267 [email protected]

EUROPE, MIDDLE EAST & AFRICA +44 (0) 207 940 8718 [email protected]

ASIA PACIFIC +65 6422 7700 [email protected]

ORIGINATIONSFICO® Origination Manager

FICO, Blaze Advisor, Small Business Scoring Service, SBSS, Fair Isaac and Credit Capacity Index are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries. Other product and company names herein may be trademarks of their respective owners. © 2013–2015 Fair Isaac Corporation. All rights reserved. 2679PS_EN 03/15 PDF

Reduce costs with flexible technologyFICO® Application Studio, built into the Application Processing Module, provides lenders with sophisticated Rapid Application Development tooling — a complete application delivery platform based on SOA principles. This approach eliminates the headaches and cuts the cost of implementation, integration and maintenance. You can select the services you need to build or complement an existing application-to-decision processing solution.

FICO® Origination Manager leverages industry-standard tools for ease of integration, and the platform facilitates the sharing of data, processes, rules and functionality across lines of business.

Learn moreThe comprehensive features and functionality of FICO Origination Manager gives lenders the ability to configure a solution to meet their distinctive origination challenges and objectives.

Contact FICO today by emailing [email protected] to see how FICO® Origination Manager can help your organization drive greater profitability in every small business origination decision.

Visit us on the web at:

www.fico.com/originations

Available in the Cloud

FICO® Origination Manager is available to lenders as a cloud-based solution. FICO helps businesses speed adoption, reduce costs and avoid errors by providing implementation support, training and configuration. With FICO® Analytic Cloud, institutions can take delivery of any of the four FICO Origination Manager modules via the cloud.