Fair Isaac Corporation a provider of analytics and decision management technology, recently announced that Home Credit Group, a major consumer finance player in Central and Eastern Europe (CEE) and Central Asia, has selected Fair Isaac's proven software technologies for Enterprise Decision Management (EDM). The integrated solution will enable Home Credit Group to implement automated decision strategies to further enhance profitable growth in consumer lending operations, and support its long-term growth objectives across the CEE and Central Asia region.

Under terms of the agreement, Home Credit Group selected three core Fair Isaac EDM technologies that will help the lender build its own enterprise-wide risk management infrastructure to automate, improve and connect decisions for enhanced business performance. The EDM technologies include Blaze Advisor(TM) business rules management system, Model Builder and Decision Optimizer. By bringing together business rules and advanced analytics in a single decision service, Home Credit Group will be able to deliver the optimal origination decision to each customer transaction across products, countries and touchpoints.

"This agreement with Home Credit Group offers us significant opportunities to broaden the reach of our market-leading tools and expertise for Enterprise Decision Management in the fast-growing credit markets of Central and Eastern Europe and Central Asia," said Robert Duque-Ribeiro, Vice President and Managing Director of Europe, Middle East and Africa Markets at Fair Isaac. "We are committed to delivering premier EDM solutions and technologies that seamlessly integrate and interoperate with our clients' decision environments. This agility and scalability will help such leading financial services providers as Home Credit to keep pace with the growing demand for consumer credit, while enabling fast, concise and precise decisions across the entire group of companies."

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.

SOURCE: Home Credit Group Selects Fair Isaac