FICO
257 Case Studies
A FICO Case Study
Banreservas, a major bank in the Dominican Republic, partnered with analytics software firm FICO to address its challenge of standardizing credit assessments. The bank needed to implement an automated system that would provide centralized control over credit evaluation policies and enhance the overall customer experience.
By implementing the FICO® Origination Manager solution, Banreservas was able to automate a significant portion of its lending process. The results from FICO were substantial, with the bank automating 80% of loan decisions, increasing its loan processing capacity by 30%, and cutting the processing time for applications in half.