The B&N Bank implemented the system of adoption of the credit solutions FICO Capstone Decision Accelerator (CDA)

The B&N BANK implemented the system of adoption of credit solutions developed by FICO company. FICO Capstone Decision Accelerator (CDA) is applied to achievement of desirable level of decision making, higher capacity of credit requests, increase in level of approval at simultaneous decrease in losses on the loan portfolio. A system during which creation world experience of FICO in creation of models of decision making was considered is used by many credit institutions around the world.

System implementation as FICO CDA took 2 months. At the same time accounting existing in Bank risk technologies allowed to reduce costs of credit institution considerably. Besides, the technological effectiveness and convenience of FICO CDA allow Bank to develop and support the solution by own efforts that testifies to considerable cost efficiency of the project.

"Thanks to implementation of FICO CDA we automate all process of adoption of credit solutions, significantly we simplify the mechanism of setup of scoring models and we increase the speed of approval of credit requests. The choice of the solution FICO is caused by the parameters including the centralized processing of rules, support of all possible credit strategy, a possibility of support of different products, high reliability and performance and existence of uniform storage of rules for effective reuse", - Korolev Denis, the chief innovation officer and to technologies of B&N BANK comments.