Fico (NYSE:FICO), the leading provider of analytics and decision management technology, today announced that it has hired Nicola Pearce to lead the company's initiatives around capital management and banking regulations in Europe, the Middle East and Africa (EMEA).
Pearce will help FICO's clients in the region meet aggressive new capital targets and banking regulations while focusing on profitable growth.
Pearce is a senior risk professional with more than 10 years of risk management consulting experience with major financial services providers and consulting firms. Prior to joining FICO, Pearce led Moody's Analytics consulting practice across EMEA, where her team built Basel models and undertook independent credit assessments and benchmarking, process reviews, and default rate reviews. She was previously team leader of the Risk and Capital Advisory Team for PricewaterhouseCoopers. From 2001-2007, Pearce held a series of risk management positions at Barclays Bank, including senior credit risk modeller and senior risk product manager. She holds a Bachelor's degree in Chemistry and a Master's degree in Instrumental and Analytical Methods Biological and Environmental Chemistry, both from the University of Warwick.
"Banks in this region are focused on two crucial disciplines — risk management and capital management," said Mike Gordon, vice president and general manager for FICO in EMEA. "Nicola has tremendous experience in both areas, and brings to FICO clients a clear vision for how these disciplines need to be integrated with the retail bank."
"Capital is becoming a scarce commodity at banks, and risk managers now need to focus on capital acquisition and return more than they ever have," Pearce said. "FICO has pioneered the analytic technologies needed to help all banks optimize their capital, comply with new regulations and serve the economy's demand for credit. I'm proud to be part of FICO's consultancy practice at this turning point for the banking industry."