OTP Group Adopts FICO Originations Solution as Standard Across Europe
- FICO® Originations Solution will allow
OTP Groupto respond quicker to changing market needs and regulations
- FICO's experience with cloud solutions is helping
OTP Groupto innovate
- Cloud-based solution gives
OTP Groupfuture-proof efficiencies
As part of a digital transformation project across its European operations,
More information: https://www.fico.com/en/solutions/origination
FICO's superior low-code/no-code solution was a key driver for
"We conducted a thorough review of the market for originations solutions, and FICO's platform vision and cloud-first strategy stood out for us, as we can add new capabilities from FICO Platform as we grow," said Gyorgy Kiss-Haypal, group chief risk officer at OTP. "Another crucial factor in deciding to partner with FICO was trust. FICO's regional experience with cloud solutions and the company's leadership in decision management will help us adopt this solution rapidly."
"FICO Originations Solution allows us to standardise workflow whilst still maintaining country-specific rules and processes," said Kiss-Haypal. "With the solution, we can determine which rules will be managed by the Head Office and which will be managed in the countries."
FICO® Originations Solution, Powered by FICO® Platform is a customer onboarding system for lenders across a multitude of sectors. It enhances origination decisions with flexible strategy and rules creation to maximise profitability and ensure consistently relevant customer experiences. FICO Originations Solution is built on FICO Platform, a cloud-based, AI-powered environment for managing decisions across the enterprise.
FICO North America PR:
0208 977 9132
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 200 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 120 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 US and other countries.
Learn more at https://www.otpbank.hu/
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