Analytic models are critical to proper execution of strategic decisions. To manage the often disconnected array of ungoverned models, organizations need a technology solution that helps construct and enforce standardized processes for how all models are developed, and how they evolve over time. The solution must also automatically monitor model performance, issuing alerts when models degrade. With complete visibility into the lifecycle of every model throughout the enterprise, risk managers can more accurately manage these models and provide the necessary information for regulatory compliance.
FICO® Model Central™ dramatically increases visibility into and control over the analytic models that drive better decision outcomes across the enterprise. Centralized model management reduces the cost, time and effort required to create, deploy, monitor and update models. Minimize compliance risk with streamlined validation reporting, consistent workflow processes, automated approval capture and accurate audit trails. Get a deeper understanding of critical risk drivers and make more profitable decisions with consistently stronger, more accurate and more current predictive models.