Assessing the risk of a credit application is a key step in any lender’s origination process.This requires sophisticated analytic solutions working in conjunction with strategies and rules.
FICO® Alternative Lending Platform helps:
• Automate the loan approval process.
• Improve risk management by combining a scoring model with internal/external policies and regulations.
• Standardize business rules for consistent origination decisions.
• Free originations staff
to focus on the most demanding applications.
• Reduce cost and complexity with a cloud service that requires less investment and maintenance.
• Integrate risk management data and technologies with existing originations systems.