An End-to-end Origination Solution that Improves Customer Experience
The FICO development team rapidly switched to the tools in the FICO® Decision Management Platform, which incorporate OutSystems high-productivity application development platform - white labeled as FICO® Application Studio. Four key productivity drivers sped the project along: automation, integrated tools, built-in validations, and code generation. FICO® Origination Manager includes preconfigured workflow processing steps, queues and data capture that reduce the implementation cycle time for credit processing (credit cards, loans, etc.). In addition, with the introduction of FICO® Application Studio embedded within the module, it can also be configured to fit specific lending needs with data model extensions, screen modifications, custom workflow steps and integration with third-party data sources.
These updates provide lenders with an end-to-end origination solution that accelerates application processing, reduces application risk, and results in a better customer experience overall.