Partnership offers SaaS decision management solution to strengthen financial crime compliance
London and Skopje, North Macedonia, May 22, 2024–(BUSINESS WIRE)–Analytical software provider FICO has partnered with IT consultancy Net.Bit to help financial institutions in Europe, the Middle East and Africa increase operational efficiency, strengthen security measures and ensure regulatory compliance. We have partnered with. Net.Bit sells and implements FICO's decision management solutions, specifically the powerful FICO® Blaze Advisor® decision rules management system used by hundreds of companies around the world.
More information: https://www.fico.com/en/products/fico-blaze-advisor
Net.Bit and FICO have already created FICO Blaze Advisor as a SaaS product hosted in Net.Bit's data centers. Net.Bit leverages his 20 years of experience in IT engineering and consulting to ensure seamless integration of FICO solutions and customize them to each organization's needs. Net.Bit also offers compliance solutions that integrate FICO Blaze Advisor with one of the leading platforms to detect financial crimes and suspicious activity. FICO Blaze Advisor generates fraud alerts based on suspicious payment transactions, and alerts are managed with the platform's case management tools, providing an integrated fraud and financial crime solution.
“This partnership represents a significant advancement for companies looking to improve efficiency and compliance,” he said. Georgi Milev, CEO of Net.Bit. “FICO’s solutions provide cutting-edge analytics, decision management, and optimization capabilities. By making these solutions available through Net.Bit’s proven multivendor SaaS, enterprises can You can achieve ROI quickly.”
“We have conducted several proof-of-concept projects for companies and demonstrated the significant value that FICO Blaze Advisor offers as a SaaS solution through Net.Bit,” said Dr. Alexandre Graff, Senior Vice President, Global Partners and Alliances, FICO“Through this partnership, companies can accelerate innovation, optimize decision-making, more effectively manage risk and ensure regulatory compliance.”
FICO Blaze Advisor is a powerful decision management platform that enables organizations to automate and optimize complex business decisions using rules and predictive analytics. This solution addresses the specialized needs of the banking and financial sector and provides advanced analytics and decision management.
About Net.Bit
Net.Bit offers a wide range of services, from compliance, information security and personal data protection consulting to data centers offering services such as DRL and SaaS. Through its own data centers, Net.Bit is a multi-vendor SaaS solution provider offering a comprehensive suite of business, compliance and transaction monitoring solutions. With 20 years of experience, Net.Bit has established itself as a trusted advisor in the IT industry, especially in the banking and finance sector. Comprehensive knowledge of local regulations combined with an extensive network of existing clients has established the company as a leading player in the market. Net.Bit's commitment to providing customized IT solutions and consulting services has earned it a loyal customer base of financial institutions seeking top-notch IT services and compliance expertise. For more information, please visit https://netbit.mk/.
About FICO
FICO (NYSE: FICO) empowers people and businesses around the world to make decisions that help them thrive. Founded in 1956, the company is a pioneer in using predictive analytics and data science to improve operational decision-making. FICO holds more than 200 U.S. and foreign patents covering technologies that improve business profitability, customer satisfaction, and growth in financial services, insurance, telecommunications, health care, retail, and many other industries. Companies in more than 100 countries use FICO solutions to do everything from protecting 4 billion payment cards from fraud to improving financial inclusion and strengthening supply chain resiliency. Masu. FICO® Used by 90 percent of the top U.S. financial institutions, the score is the standard measure of consumer credit risk in the U.S. and abroad, improving risk management, credit access and transparency. For more information, visit www.fico.com.
FICO and Blaze Advisor are registered trademarks of Fair Isaac Corporation in the United States and other countries.
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contact address
FICO UK PR Team
Wendy Harrison/Palm Heer
ficoteam@harrisonsadler.com
+44 (0)208 977 9132
net bit
Ivana Mileska
Ivana.mileska@netbit.mk
+389 78 400 970
