Case Study: neckermann.de GmbH achieves faster, more accurate credit risk scorecards with FICO Model Builder

Neckermann speeds development of predictive analytics

Neckermann.de GmbH, a leading German online and mail-order retailer that offers flexible payment options such as purchase on account and installments, needed to improve risk management without slowing order processing. The company sought to develop and optimize multiple scorecards to more precisely estimate credit risk for new customers.

Building on about 20 years of working with FICO, neckermann.de implemented FICO Model Builder, which integrates seamlessly into its customer management system and enables rapid model development. The outcome was faster development of predictive analytics and better scorecards for new-customer purchases, allowing quicker decisions and improved credit-risk control.

neckermann.de GmbH

Maximilian Fervers

Head of Finance