FICO

23 Oct

Written By Oakstone International

About FICO

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About FICO

FICO (NYSE: FICO) is a leading analytics software company helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction.

FICO’s groundbreaking use of Big Data and mathematical algorithms to predict consumer behaviour has transformed entire industries. The company provides analytics software and tools used across multiple industries to manage risk, fight fraud, build more profitable customer relationships, optimize operations and meet strict government regulations. Many of our products reach industry-wide adoption — such as the FICO® Score, the standard measure of consumer credit risk in the United States. FICO solutions leverage open-source standards and cloud computing to maximise flexibility, speed deployment, and reduce costs. The company also helps millions of people manage their personal credit health.

The company operates in three segments: applications, which include pre-configured decision management applications designed for a specific type of business problem or process; scores, which include the company’s business-to-business scoring solutions and services, myFICO solutions for consumers and associated professional services, and the tools segment, which includes software tools that clients can use to create their own custom decision management applications as well as associated professional services.

Fair Isaac Corporation offers a portfolio of applications, tools, and services in the cloud to clients through its FICO Analytic Cloud, FICO Solution Stack, and FICO Decision Management Platform tools.

FICO clients include more than half of the top 100 banks in the world, more than 600 personal and commercial line insurers in North America and Europe including the top 10 US personal lines insurers, 400+ retailers and general merchandisers, including one-third of the top 100 U.S. retailers, 95 of the 100 largest financial institutions in the U.S., and all the 100 largest U.S. credit card issuers and more.

Company Location: HQ in San Jose, California
Founded by Earl Judson Isaac and William Fairin in 1956
Number of Employees: 1000 - 1500
Stage: Public