FICO
228 Case Studies
A FICO Case Study
Ferratum Group, Europe’s largest mobile microlender, serves up to 1 million customers across 15 countries with short-term, unsecured microloans. To support rapid expansion, the company needed to develop more than 100 predictive models by the end of 2014 but wanted a fast, easy-to-use solution that wouldn’t require a large modeling team.
Ferratum selected FICO Model Builder over competitors like SAS to standardize model development across countries. The platform provided a common, well-structured process and multiple modeling technologies, increasing development speed while keeping staff costs low and meeting the firm’s current and future modeling needs.
Marcus Siljander
Risk Manager