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FICO Model Central, is a powerful analytic model management solution which provides consistent end-to-end model governance, a central repository for all of an organization's analytic models, and advanced workflow management.
Category
Predictive Analytics
Features
• Automates compliance tasks so analysts can focus on model improvement • Minimizes compliance risk with comprehensive audit trails • Easily embeds models within decision services to improve customer interactions • Enhances performance of all decision components through faster identification of degradation • Provides alerts and visualization to prioritize and speed model updates • Deploys models into production faster regardless of vendor (SAS, SPSS, R and others)
License
Proprietary
Pricing
Subscription
Free Trial
Available
Users Size
Small (<50 employees), Medium (50 to 1000 Enterprise (>1001 employees)
Company
FICO
What is best?
• Automates compliance tasks so analysts can focus on model improvement • Minimizes compliance risk with comprehensive audit trails • Easily embeds models within decision services to improve customer interactions • Enhances performance of all decision components through faster identification of degradation
What are the benefits?
• Accurate audit trials • Centralized model management • Minimize compliance risk • Streamlined validation reporting • Automated approval capture • Enhanced performance • Faster model deployment regardless of vendor • Automated compliance tasks • Provided alerts and visualization to prioritize and speed model updates
PAT Rating™
Editor Rating
Aggregated User Rating
Rate Here
Ease of use
7.6
7.6
Features & Functionality
7.5
7.5
Advanced Features
7.6
8.6
Integration
7.7
6.3
Performance
7.5
7.4
Customer Support
7.7
8.0
Implementation
8.2
Renew & Recommend
7.9
Bottom Line
FICO Model Central provides streamline model validation time by 60%, speed model deployment by as much as 80%, reduce deployment costs by up to 50%, minimize compliance risk with comprehensive audit trails and enhance model performance through faster identification of model degradation.
7.6
Editor Rating
7.7
Aggregated User Rating
4 ratings
You have rated this
FICO Model Central, is a powerful analytic model management solution which provides consistent end-to-end model governance, a central repository for all of an organization's analytic models, and advanced workflow management.
Analytic models are at the heart of an organization's decision-making process, and increased regulatory oversight requires that businesses employ an approved model development and monitoring process, and retain comprehensive documentation of key decisions made throughout the model lifecycle.
FICO is a leading analytics software company, and 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.
FICO Model Central provides streamline model validation time by 60%, speed model deployment by as much as 80%, reduce deployment costs by up to 50%, minimize compliance risk with comprehensive audit trails and enhance model performance through faster identification of model degradation.
FICO Model Central streamlines compliance and improves decision making with model deployment, governance and monitoring designed to comply with evolving regulations and support superior predictive decisions.
FICO Model Central can manage analytic models created in any vendor's tool, ensuring that organizations know the status of all of their models at all times, from data quality testing through model development, implementation, deployment, validation, and updates or replacement.
New workflow management features in version 5.0 provide an audit trail for the development, evolution and management of models, enabling easier, more streamlined compliance. Performance monitoring allows organizations to understand model efficacy, enabling them to have their best models in production, and make consistently better decisions.
FICO Model Central promotes model management on a centralized basis that ensures reduced time, costs and efforts required to create, deploy, monitor and update models. Workflow management features provide an audit trial for development purposes with evolution and management of models, allowing easier and more streamlined compliance. Facilitation of streamlined compliance improves decision making with governance, model deployment and monitoring specially designed to comply with evolving regulations and support superior predictive decisions. The models are easily embedded within the decision services so as to improve customer interactions. They have visualization and alerts enabled in order to prioritize and speed up model updates
Company size
Enterprise (>1001)
User Role
IT Support
User Industry
Financial services
Rating
Ease of use8.5
Features & Functionality7.5
Advanced Features8.6
Integration8.2
Performance7.4
Training 8.1
Customer Support8
Implementation8.2
Renew & Recommend7.9
ADDITIONAL INFORMATION FICO Model Central also allows for consistent workflow processes, automated approval capture and streamlined validation reporting that work to see set targets and goals achieved. This allows for consistency and minimizes setbacks or slows during operational periods. The Management of analytical models is also possible, ensuring organizations have updates on the status of their models throughout, from data testing through model development, implementing, deployment, validations and updates or replacements. This is made possible regardless of vendors used, for example R, SAS, SPSS among others, thus boosting efficiency and use in FICO Model Central.
Reduced time, costs and efforts
FICO Model Central promotes model management on a centralized basis that ensures reduced time, costs and efforts required to create, deploy, monitor and update models. Workflow management features provide an audit trial for development purposes with evolution and management of models, allowing easier and more streamlined compliance. Facilitation of streamlined compliance improves decision making with governance, model deployment and monitoring specially designed to comply with evolving regulations and support superior predictive decisions. The models are easily embedded within the decision services so as to improve customer interactions. They have visualization and alerts enabled in order to prioritize and speed up model updates
Enterprise (>1001)
IT Support
Financial services
ADDITIONAL INFORMATION
FICO Model Central also allows for consistent workflow processes, automated approval capture and streamlined validation reporting that work to see set targets and goals achieved. This allows for consistency and minimizes setbacks or slows during operational periods. The Management of analytical models is also possible, ensuring organizations have updates on the status of their models throughout, from data testing through model development, implementing, deployment, validations and updates or replacements. This is made possible regardless of vendors used, for example R, SAS, SPSS among others, thus boosting efficiency and use in FICO Model Central.