FICO ® Decision Modeler
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© 2016 Fair Isaac Corporation. All rights reserved. 1 DECISION MANAGEMENT SUITE With FICO ® Decision Modeler you can: Drive smarter business decisions faster. Decision Modeler provides unparalleled control, speed, accuracy, consistency and transparency of your business logic — particularly critical in responding to changing business, economic and regulatory conditions. Improve business agility by a factor of 10. Decision Modeler delivers order-of-magnitude acceleration in decision cycle times, such as changing pricing and new account processing. Tasks that formerly took days are now being performed in minutes. FICO ® Decision Modeler brings industry-leading FICO ® Blaze Advisor ® decision rules management system to the cloud. Decision Modeler accelerates smarter decisions and customer connectivity through ease of integration with analytic and optimization services, along with decision modeling and simulation. Hosted in the FICO ® Analytic Cloud, Decision Modeler provides maximum control, agility and actionability for high-volume operational decisions — leveraging services provided by the FICO ® Decision Management Platform for deployment, provisioning, reporting and data management. Define, execute and manage the decisions that run your business FICO ® Decision Modeler — powered by the FICO ® Blaze Advisor ® decision rules management system — empowers business managers to create, maintain and control business policies and procedures throughout their operational systems without programming or specialized development packages. With the power to drive smarter, faster and more consistent decisions, organizations gain agility and responsiveness to today’s rapidly changing business and regulatory environments. Decision Modeler is hosted in the FICO ® Analytic Cloud and is part of the FICO Decision Management Suite, where it integrates easily with FICO analytics, optimization and data services. Decision rules are at the heart of decision management. They may be based on corporate policies and guidelines, external regulations, or analysis of historical data or big data. Once rules are in place, they can be applied to multiple systems and communication channels so the business interacts with customers in a consistent manner according to best practices. Decision management technology also includes
Transcript of FICO ® Decision Modeler
© 2016 Fair Isaac Corporation. All rights reserved. 1
DECISION MANAGEMENT SUITE
With FICO® Decision Modeler you can:
Drive smarter business decisions faster. Decision Modeler provides unparalleled control, speed, accuracy, consistency and transparency of your business logic — particularly critical in responding to changing business, economic and regulatory conditions.
Improve business agility by a factor of 10. Decision Modeler delivers order-of-magnitude acceleration in decision cycle times, such as changing pricing and new account processing. Tasks that formerly took days are now being performed in minutes.
FICO® Decision Modeler brings industry-leading FICO® Blaze Advisor® decision rules management system to the cloud. Decision Modeler accelerates smarter decisions and customer connectivity through ease of integration with analytic and optimization services, along with decision modeling and simulation. Hosted in the FICO® Analytic Cloud, Decision Modeler provides maximum control, agility and actionability for high-volume operational decisions — leveraging services provided by the FICO® Decision Management Platform for deployment, provisioning, reporting and data management.
Define, execute and manage the decisions that run your business FICO® Decision Modeler — powered by the FICO® Blaze Advisor® decision rules management system — empowers business managers to create, maintain and control business policies and procedures throughout their operational systems without programming or specialized development packages. With the power to drive smarter, faster and more consistent decisions, organizations gain agility and responsiveness to today’s rapidly changing business and regulatory environments.
Decision Modeler is hosted in the FICO® Analytic Cloud and is part of the FICO Decision Management Suite, where it integrates easily with FICO analytics, optimization and data services.
Decision rules are at the heart of decision management. They may be based on corporate policies and guidelines, external regulations, or analysis of historical data or big data. Once rules are in place, they can be applied to multiple systems and communication channels so the business interacts with customers in a consistent manner according to best practices. Decision management technology also includes
DECISION MANAGEMENT SUITEFICO® Decision Modeler
© 2016 Fair Isaac Corporation. All rights reserved. 2
User-centric business decision management
FICO® Decision Modeler empowers businesses to easily develop and deploy decision management services in the FICO® Analytic Cloud.
Configure a Decision Service Create a Ruleset Create a Decision Table Complete a Decision Service
functions that support the ongoing maintenance and improvement of business decisions.
Accelerated path to solutionFICO® Decision Modeler, part of the FICO Decision Management Suite, is a complete solution for analytics-driven decision management hosted in the FICO® Analytic Cloud. It includes an architectural framework for creating applications that embed decision services and state-of- the-art tools for deploying, monitoring and improving business decisions.
Its principal services include:
• Cloud-based development environment: Easily write, edit and test decision rules using a web browser, using powerful drag-and- drop capabilities.
• Rule execution: Deploy and execute rules via the FICO® Decision Management Platform, FICO*Decision Management Platform Streaming (Optional) or download and execute rules on your own application server.
• Rule lifecycle management: Introduce new rules without downtime through development, QA and production.
• Rule repository: Store rules and manage rule changes.
• FICO® Application Studio (Optional): Rapidly build applications that embed decision services, available via the FICO® Decision Management Suite.
•FICO® Visual Insights Studio (Optional) with FICO® Analytic Data Mart (Optional): Discover, visualize and report business insights, available via the Decision Management Suite.
Decision Modeler provides a seamless way to support your decision management needs in the cloud, synchronizing cloud-based decision services with your on-premises implementations. Optionally, companies can host the Decision Management Platform itself, including Decision Modeler, in their private clouds.
Ease of integration with analyticsWhen integrated with other FICO decision management capabilities that are part of the Decision Management Suite, Decision Modeler can deliver previously unrealized business value and help organizations create actionable insights from their Big Data. Predictive analytics and analytic modeling provided by FICO® Analytic Modeler help target decisions based on future behavior. Optimization provided by FICO® Optimization Modeler helps maximize the value of constrained assets and handle trade-offs. The complete FICO
decisioning cycle that leverages all these capabilities helps ensure that decision rules always enforce the best decisions for each business by accounting for economic ebbs and flows, compliance challenges, evolving customer demands and strategy shifts.
Through the FICO® Decision Management Platform, decision capabilities can also integrate with best-of-breed components, including a Predictive Model Markup Language (PMML) execution engine, data visualization and reporting tools, streaming analytics, an expanded link analysis capability and unstructured data query support. New features are available on a regular basis, and can be rapidly integrated into an organization’s decision management infrastructure without IT or consultant involvement, empowering users to readily adopt critical innovations as soon as they become available.
Powerful, transparent business controlFICO® Decision Modeler puts the creation and management of decision rules into the hands of business users, allowing them to achieve exceptional business control, agility and compliance. Moreover, Decision Modeler exposes just the right scope of rule editing to match the authority and skills of users, enabling rapid implementation
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DECISION MANAGEMENT SUITEFICO® Decision Modeler
FICO and Blaze Advisor are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries. Other product and company names herein may be trademarks of their respective owners. © 2016 Fair Isaac Corporation. All rights reserved. 3071PS_EN 03/16 PDF
and modification of business policies while ensuring proper governance and control. Rule updates can safely and quickly be put into operation via direct access to a powerful set of error checking, logic verification and visual comparison services.
Visual decision metaphors for rules development — including decision flows, trees and tests — help enhance usability and further reduce dependency on IT.
Decision Modeler gives business users complete control of decision lifecycle management, including a review and approval workflow, and the ability to publish changes into production.
Enhanced testing capabilities provide a complete and comprehensive decision development environment, helping organizations validate decision rule logic prior to deployment.
FICO® Decision Modeler takes FICO® Blaze Advisor® decision rules management system to a higher levelThe same powerful Blaze Advisor capabilities are now extended, expanded and enhanced by Decision Modeler in the FICO Analytic Cloud. While Blaze Advisor is still the best solution for some customers, Decision Modeler provides more out-of-the-box capabilities, thanks to its connection to the FICO Decision Management Platform. Decision Modeler reduces the amount of work it takes to stand up and deploy new decision services and provides preconfigured reporting, lifecycle management and business intelligence.
Capability Decision Modeler Blaze Advisor
High-performance decisioning
execution engine Yes Yes
Business user friendly decision
authoring interface Yes Yes
Decision simulation and execution Yes Yes
Lifecycle management to approve and
deploy decisions Yes Yes
Support for Java and XML data formats Yes Yes
Support for decision types including
rules, rule sets, decision tables, decision
trees, scorecards and decision flow
and functions
Yes Yes
Integration with predictive analytic models Yes Yes
Preconfigured ability to author and
manage rules Yes Requires Configuration
Release management for the entire
decision service Yes Requires Configuration
Ease of integration with analytics
and optimization Yes Requires Configuration
Unified authentication Yes Requires Configuration
Auto-scaling of computing capacity via
the cloudYes Requires Configuration
Batch testing in addition to unit and
bulk testing Yes Requires Configuration
Ability to update and deploy decision
services on-the-fly Yes Requires Configuration
Built-in integration with data services Yes Requires Configuration
Ease of install, configuration and upgrades Yes No
Differences in Functionality Between Decision Modeler and Blaze Advisor
Decision Modeler has been purpose-built to leverage the high performance attributes of Blaze Advisor, while creating an environment that gives a business manager the control to develop and deploy decision services. By connecting Decision Modeler to the FICO Analytic Cloud and the FICO Decision Management Platform, this tool provides unprecedented automation and integration.
