Analytics software firm Fico today announced an extended partnership with Hewlett Packard Enterprise (HPE) to deliver real-time decision management solutions. As a Fico Platinum Partner, HPE will engage with Fico in joint sales, service and support, delivering analytics and decision management, fraud management, originations, customer management and collections and recovery solutions in financial services, healthcare, public sector and automotive markets worldwide.
Key solutions and tools within the FICO® Decision Management Suite will be embedded in the new HPE Risk Data Aggregation and Reporting (RDAR) solution, which improves data governance for risk analytics for the world's financial institutions. Using the FICO Decision Management Suite, HPE RDAR customers will be able to execute and adhere to regulatory requirements, monitor and manage analytic processes, data and model performance and improve decision agility throughout regulatory business cycles. FICO also announced plans to deliver capabilities with the HPE Vertica Platform for high-performance data analytics processing, with the FICO Decision Management Suite.
"To reap the full benefits of data driven insights, organizations must build a solid foundation that effectively harnesses and applies these insights to help steer decisions and drive business outcomes," said Martin Risau, senior vice president, Analytics & Data Management, HPE. "By combining FICO's Decision Management Suite with HPE's global services organization and technology, we believe we can extend the power of operationalizing analytics to a wide client base in the financial industry and beyond."
"Our expanded partnership with HPE unlocks a new generation of solutions that address critical needs for our joint clients who are increasingly challenged to find insights from an overwhelming volume of information and data," said Wayne Huyard, executive vice president of sales, marketing and services at FICO. "Our new joint solutions make analytics actionable and operational in frontline business processes and client interactions in ways that improve business outcomes and customer experiences."