FICO Partners with AWS to Boost Digital Transformation for Businesses

BOZEMAN, Mont.–(BUSINESS WIRE)–FICO (NYSE: FICO), a global analytics software leader, announced today a new strategic collaboration with Amazon Web Services (AWS) to enhance digital transformation for businesses. This partnership builds on their existing relationship aimed at bringing AI-driven automated decision-making capabilities to organizations worldwide.

Under the new agreement, FICO and AWS intend to expand their collaborative efforts, making FICO’s solutions, including the FICO® Decision Modeler, more accessible through AWS Marketplace. The FICO Platform, which operates on AWS, centralizes decision management, offering users increased flexibility, ease of use, and accuracy.

“Customers and partners worldwide benefit from our solutions powered by AWS,” said Alexandre Graff, Vice President of Global Partners & Alliances at FICO. “Our collaboration involves joint development efforts at the AWS Generative AI Innovation Center, where we are working on innovative AI capabilities for the FICO Platform.”

The first solution now available in AWS Marketplace is the FICO Decision Modeler, which is designed to streamline decision-making processes for businesses across various sectors. This availability simplifies procurement for customers and leverages the scalability and security of AWS.

Several financial institutions, including Westpac NZ, already utilize FICO Platform on AWS. Regan Goble, Risk Analytics Senior Manager at Westpac NZ, commented, “With FICO Platform, we’ve shifted from focusing on individual decisions to managing customers across all their accounts throughout their relationship with the bank.”

Scott Mullins, Managing Director of Worldwide Financial Services at AWS, added, “FICO’s decision management solutions provide powerful tools for making data-driven financial decisions. Our marketplace makes it easier for customers to access these solutions while benefiting from the strengths of AWS.”

This collaboration aims to enhance flexibility and unlock business value for customers in a variety of industries through advanced analytics and AI-driven decision-making.