SAN JOSE, Calif., Nov. 30, 2016 /PRNewswire/ -- Silicon Valley analytics software firm FICO announced today that it has achieved Amazon Web Services (AWS) Financial Services Competency status. This designation recognizes FICO for delivery of effective solutions to help organizations manage critical issues pertaining to the industry, such as risk management, data management, navigating compliance requirements and establishing governance models.

Achieving the AWS Financial Services Competency differentiates FICO as an AWS Partner Network (APN) member that has demonstrated relevant technical proficiency and proven customer success, delivering solutions seamlessly in the AWS Cloud environment. To receive the designation, APN Partners must demonstrate industry expertise, have readily implemented solutions that align with AWS architectural best practices, and have staff with AWS-certifications.

"FICO has aggressively moved its solutions to the cloud, and we are proud to be one of the first APN partners to achieve AWS Financial Services Competency status," said Stuart Wells, chief technology officer at FICO. "For 60 years, FICO has brought new innovations to financial services in risk management, fraud management, compliance, collections and customer communications, and over the coming months we will bring more and more of our software portfolio to the cloud, powered by AWS."

The AWS Cloud is enabling scalable, flexible, and cost-effective solutions for banking and payments, capital markets, and insurance organizations of all sizes, from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the Financial Services Partner Competency Program to help customers identify Consulting and Technology APN Partners with deep industry experience and expertise.

FICO offers the FICO^® Customer Communication Services on AWS, as part of its FICO Analytic Cloud offerings. Other solutions on the FICO Analytic Cloud include the FICO^® Decision Management Suite, FICO^® Origination Manager and other FICO decision management solutions.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 170 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 100 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at http://www.fico.com.

FICO is a registered trademark of Fair Isaac Corporation in the U.S. and other countries.

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SOURCE FICO

Media: Greg Jawski, Porter Novelli for FICO, +1 212-601-8248, greg.jawski@porternovelli.com; Investors/Analysts: Steven Weber, FICO, +1 800-213-5542, investor@fico.com