FICO (NYSE:FICO) announced the availability of FICO® Origination Manager 4.5, an analytic solution that streamlines the lending process from application through decision. FICO Origination Manager addresses the challenges of tighter credit and regulatory environments by allowing organizations to be nimble and responsive to market forces and new compliance requirements.
The most significant advancement in Origination Manager 4.5 is the new Application Processing Module for workflow management, which can make lending officers and underwriters more productive in initiating, managing and reviewing applications. Additionally, with the introduction of FICO® Application Studio (a rapid application development platform), customizations including user interface and workflow changes can be made quickly and easily, with less reliance on IT. FICO estimates that clients will see a 50 percent faster time to value implementing Origination Manager 4.5 with these new capabilities.
Source: FICO Press Release