Thu.Oct 21, 2021

Remove capabilities
article thumbnail

The Five Pillars of a Decision Management Platform

Fico Collections

A platform approach makes competitive differentiation far easier by providing an enterprise-wide suite of core capabilities and services that are used to create the organization’s “brain and central nervous system”. A top-performing platform provides the capabilities to derive characteristics from the available data. Business Rules .

Trade 52
article thumbnail

Top Challenges in Risk Management: Are Your Risk Models Working?

Fico Collections

The immediate focus should be on revisiting decision strategies to make risk-targeted modifications and overlays , including changing dialler prioritisation rules, using more data at origination and increasing exposure selectively, with greater focus on a customers’ capability and desire to repay.