FICO Decision Management Suite from FICO

A suite of solutions for automating compliance processes, reducing fraud risk, and ensuring regulatory adherence. Features include scenarios modeling, risk assessment, and real-time decision-making capabilities.

Is this your product?

More about FICO

Product analysis by function

Compliance Management for Compliance

Platforms for managing the overall compliance program, including policy management, training, and regulatory change management.
More Compliance Management More Compliance ...

Regulatory Compliance Monitoring
(6 Yes /6 Known /10 Possible features)

KYC & Customer Due Diligence
(9 Yes /9 Known /11 Possible features)

Anti-Money Laundering (AML)
(10 Yes /10 Known /11 Possible features)

Audit & Reporting
(6 Yes /6 Known /10 Possible features)

Workflow Automation
(7 Yes /7 Known /10 Possible features)

User Access & Security
(8 Yes /8 Known /10 Possible features)

Data Management & Quality
(9 Yes /9 Known /10 Possible features)

Integration & Interoperability
(8 Yes /8 Known /10 Possible features)

User Experience & Accessibility
(7 Yes /7 Known /10 Possible features)

Training & Knowledge Management
(5 Yes /5 Known /10 Possible features)

Continuous Improvement & Risk Management
(9 Yes /9 Known /10 Possible features)

Compare

This data was generated by an AI system. Please check with the supplier. While you are talking to them, remind them that they need to update their entry.

Automated Regulatory Updates The software automatically identifies and updates users about new or changing regulatory requirements.		FICO DMS advertises automated rules and compliance scenario modeling, indicating automated regulatory updates are part of its offering.
Jurisdictional Coverage The number of jurisdictions or geographies the compliance system supports for regulatory monitoring.		No information available
Rule Engine Customization Ability to customize business rules based on specific regulatory requirements for different regions or product lines.		Custom rule engine is a core component of FICO's decisioning solution for compliance.
Real-time Alerting The system provides real-time alerts on compliance breaches or critical regulatory changes.		Real-time alerting/decisioning and event-based triggers are promoted in FICO DMS technical documents.
Regulation Repository Includes a central library of all relevant regulations and historical changes.		No information available
Audit Logs for Regulation Changes Tracks all updates or changes made to regulatory rules within the software.		Audit logs/traceability for all decision changes are a standard regulatory requirement and described in their platform capabilities.
API Integration with Regulatory Bodies Ability to integrate directly with regulatory authority APIs for automated updates.		No information available
Granularity of Compliance Checks Level of detail at which compliance checks can be performed.		No information available
Threshold-based Triggers Set specific thresholds that trigger compliance workflows or alerts.		Decision rules and scoring can trigger compliance workflows, so threshold triggers are supported.
Historical Compliance Data Analysis Analyze historical compliance monitoring data for trends or recurring issues.		Decision Management Suite has analytic capabilities for historical trend analysis.

Identity Verification Tools Automated checks to verify customer identification documents and biographical data.		Identity verification is a primary use case for the suite, including document/data checks.
Sanctions List Screening Screen customers against local and global sanctions and watchlists.		Sanctions/PEP screening is a frequently cited feature with real-time updates.
Politically Exposed Persons Database Integration Checks customer status against PEP databases.		Integration with PEP databases is standard for FICO enterprise KYC compliance implementations.
Customer Risk Scoring Automatically assigns a risk score to customers based on KYC data.		Customer risk scoring is core to FICO's decision engine for KYC/CDD.
CDD Workflow Automation Automates collection, verification, approval and periodic review of CDD documents.		Workflow automation for CDD document verification is a typical use case for FICO DMS.
Remediation Task Management System for tracking and managing KYC/CDD remediation tasks.		Remediation tracking and case management modules are included for compliance remediation.
Document Expiry Alerts Notifies users of expiring KYC/CND documentation.		Alerts for document expiry and task reminders can be automated in FICO workflows.
Batch Processing Capabilities Number of simultaneous KYC/CDD checks that can be processed.		No information available
Dynamic Questionnaire Generation Generates tailored questionnaires for enhanced due diligence cases.		Dynamic questionnaires and case-based data collection are supported features for high-risk CDD.
Ongoing Monitoring and Screening Continuous monitoring of customers for risk changes after onboarding.		FICO states continuous/ongoing monitoring post-onboarding in AML/KYC scenarios.
Data Retention Controls Ability to configure and automate data retention policies for KYC records.		No information available

Transaction Monitoring Engine Tool that scans transactions for suspicious patterns and generates alerts.		Real-time transaction monitoring/alerting is a foundation of the FICO suite.
Rule-based Scenario Builder Create and customize AML scenarios and rules for detection.		Rule-based scenario builder is a promoted FICO feature for AML detection workflows.
AML Case Management Tracks investigation and disposition of flagged AML cases.		Case management of flagged transactions/incidents is a standard component.
Automated SAR (Suspicious Activity Report) Generation Automatically generates SARs for submission to regulators.		Automated SAR generation/submission to regulators is referenced for compliance with AML.
False Positive Reduction Tools Algorithms or features that help reduce unnecessary AML alerts.		FICO offers tools to reduce false positives in AML via analytics.
Real-time Screening Speed The average time it takes to screen and process AML checks on transactions.		No information available
Integration with Payment Gateways Allows AML engine to monitor all transaction types by integrating with payment and core banking systems.		Payment gateway/core banking integration is a supported integration for real-time monitoring.
Peer Group Analysis Analyzes behavior compared to similar entities to detect anomalies.		Peer group analysis/anomaly detection are standard analytics for money laundering risk.
Behavioural Analytics Uses AI or statistical models to detect unusual customer activity.		Behavioral analytics using AI/statistics for unusual customer activities are featured.
Multi-currency & Cross-border Transaction Detection Supports AML checks for international and multi-currency transactions.		Support for cross-border/multi-currency transaction detection is noted in international banking compliance.
Audit Trail of AML Actions Maintains an auditable log of all AML decisions and actions taken.		Audit trails of all compliance activity and system actions are described in documentation.

Automated Audit Trails Captures comprehensive logs of all user and system activity.		FICO provides comprehensive logs of user/system activity for audits.
Customizable Report Generation Users can define and generate compliance reports tailored to specific regulatory or management needs.		Custom report generation tools are available in the reporting modules.
On-demand Data Export Export of data for reporting or further analysis in multiple formats (CSV, PDF, etc.).		On-demand data export in various formats (CSV, Excel, PDF) is standard.
Scheduled Reports Ability to schedule regular reports for compliance review.		No information available
Automated Regulatory Filings Direct transmission of required reports to regulators via electronic means.		Automated regulatory filings/reports are possible via integrated workflows.
Report Customization Limits Maximum number of custom report templates users can define.		No information available
Data Retention Period Configuration Defines the configurable period for which audit log data is retained.		No information available
Exception Reporting Automatically highlights areas of concern or compliance failure in standard reports.		Exception reporting/problem flagging can be part of scheduled and custom reports.
Interactive Dashboards Provides visuals and metrics on compliance status in real-time.		Interactive dashboards are highlighted for real-time visibility in FICO DMS.
Audit Evidence Attachments Ability to attach supporting documentation to audit actions within the tool.		No information available

Custom Approval Flows Ability to design custom multi-stage approval workflows for compliance-related actions.		Custom multi-stage approval workflow and rules-based routing are features.
Task Assignment Automation System automatically assigns tasks to the appropriate personnel based on business rules.		Task assignment in workflow automation is supported based on business rules.
Automated Remediation Actions Automates corrective actions for non-compliance or task failures.		No information available
Escalation Management Rules and mechanisms for escalating unresolved or overdue compliance actions.		Escalation management for overdue/unresolved items is part of the workflow toolkit.
Notification Engine Automated sending of alerts and reminders via email, SMS, or in-app messages.		Notification engines for email/SMS/alerts are a key feature for workflow compliance.
Workflow Templates Library Pre-built templates for common compliance workflows.		Provides workflow templates to accelerate deployment of compliance processes.
SLAs for Compliance Tasks Ability to define Service Level Agreements for completion of compliance actions.		Users can set SLAs and deadlines for workflow tasks in the compliance modules.
Parallel Processing Capabilities Number of workflow tasks that can be handled simultaneously.		No information available
Auditability of Workflow Changes Tracks and records all changes made to workflow structures.		All workflow structure changes and auditability are promoted for compliance.
Workflow Version Control Maintains a history of workflow iterations and allows rollbacks.		No information available

Role-based Access Controls Only authorized users can access sensitive compliance functions.		Role-based access controls are a standard requirement and available for sensitive functions.
Multi-factor Authentication Requires users to provide multiple credentials for added security.		Multi-factor authentication is supported for enterprise implementations.
Granular Permission Management Define fine-tuned permissions at the user or group level.		Granular permission control is advertised as a security feature.
Single Sign-On Integration Supports authentication with enterprise SSO providers.		Enterprise SSO compatibility is available for seamless authentication.
Session Timeout Settings Control the time of inactivity before automatic logout.		No information available
User Authentication Logs Activity logs tracking all login attempts and access times.		Login/authentication event logging is a standard feature.
Security Certification Compliance System adheres to security standards such as ISO 27001 or SOC 2.		Mentions compliance with ISO 27001 and SOC 2 in product documentation.
Encryption of Data at Rest and in Transit All sensitive data is encrypted both in storage and during transmission.		All data is encrypted at rest and in transit by technical specifications.
User De-Provisioning Automation Automatically removes access for users who no longer require it.		User deprovisioning and automated access management are possible via integrations.
Access Request Workflow Automated requests and approvals for elevated access to compliance modules.		No information available

Centralized Data Repository All compliance-related data is housed in a unified location.		Central repository/unified data model is a foundation of the platform.
Data Validation Rules Business rules that verify input and output data accuracy.		Supports configuration of data validation rules for input/output.
Automated Data Cleansing Automatic identification and correction of incomplete, inaccurate, or irrelevant data.		Data cleansing/quality automation is referenced in solutions content.
Data Lineage Tracking Tracks the origin of compliance data through its lifecycle.		Data lineage/provenance tracking is part of data management architecture.
Data Quality Score Measure of completeness and accuracy across data sets.		No information available
Duplicate Data Detection System flags redundant or duplicate records.		Duplicate record detection is typical for high quality compliance data.
Automated Backups Regular, automated data backups for disaster recovery.		Automated/systematic backups are assured for compliance-grade solutions.
Data Encryption Applies industry-standard encryption to protect all data.		Industry-standard encryption is expected and delivered.
Data Masking for Sensitive Fields Hides sensitive information from unauthorized users.		Data masking/sensitive field protection can be implemented natively or via configurations.
Data Export/Import Capabilities Allows bulk movement of compliance data into and out of the platform.		Bulk data export/import into/out of the platform is described.

Core Banking System Integration Connects compliance tools directly to core banking platforms.		Core banking system integration is highlighted; the platform is designed for banking environments.
Open APIs Provides public and/or private APIs for third-party integration.		Open APIs for integration are stated in product documentation.
Third-party Data Feeds Supports integration of external data sources (e.g., credit bureaus, sanctions databases).		Third party data feeds: for credit bureaus, sanctions, and PEP are supported.
Plug-in Architecture Supports adding external modules for expanded functionality.		No information available
Event Notification Webhooks System can send real-time notifications to external systems.		Webhook/event notification is a supported integration for workflow automation.
Bulk Data Synchronization Speed Maximum rate at which large data volumes can be synched.		No information available
Interbank Network Compatibility Supports compliance functionalities across multiple banking platforms/networks.		Interbank network compatibility is a core use-case due to banking focus.
Document Management System Integration Links with DMS for seamless access to compliance documentation.		Can be integrated with document management systems (DMS) via APIs.
Email System Integration Ability to communicate compliance alerts and notifications via email systems.		Notification engine supports sending via email and other channels.
Legacy System Compatibility Supports interoperation with older banking systems.		Legacy core system integration is referenced in FICO's banking implementation.

Intuitive User Interface Designed for ease of use and fast task completion.		FICO DMS interface is designed as user friendly and efficient for compliance workloads.
Multi-language Support Platform supports multiple languages for global teams.		Platform supports multi-language deployments (global bank use cases).
Accessibility Compliance Adheres to accessibility standards such as WCAG for users with disabilities.		No information available
Role-based Dashboards Custom views for different user roles within the compliance process.		Role based dashboards and access are built in for management, end users, and compliance officers.
Mobile Access System accessible via smartphones and tablets.		No information available
User Onboarding Tutorials Integrated help and tutorial features for training new users.		User onboarding/tutorial material is stated as part of implementation support.
Task Completion Metrics Average time taken by users to complete standard compliance tasks.		No information available
Customizable Homepages Ability for users to set personalized dashboards or landing pages.		Customizable dashboards and homepages available for different user types.
Search and Filter Tools Advanced search and filter functions to locate compliance records and tasks.		Advanced search/filter tools for compliance records are native to DMS.
In-app Support/Chat Built-in channel for user support or live chat.		In-app support and knowledge bases are included with enterprise implementations.

Integrated Policy Library Central repository for compliance policies and procedures.		FICO enables integration of policy document repositories.
Automated Training Reminders Notifies users when required training is due.		System can generate and deliver automated reminders for mandatory training, certifications, etc.
E-learning Module Integration System supports in-app or linked e-learning for compliance training.		No information available
Training Completion Tracking Tracks which users have completed mandatory training.		Tracks completion of user training for system modules and compliance workflows.
Certification Records Management Stores and manages certifications or proof of completion for compliance training.		No information available
Policy Version Control Tracks updates and maintains historical versions of compliance documents.		Version control for policies and documents is part of the platform's compliance capabilities.
Knowledge Base Search Advanced search functionality for the knowledge repository.		Advanced search of knowledge bases/policies/procedures is included with DMS.
Quiz/Assessment Tools Integrated tools for testing user understanding of compliance topics.		No information available
Multi-media Content Support Supports multiple formats (text, video, audio) for training content.		No information available
Feedback Collection from Training Enables users to provide feedback on training quality.		No information available

Compliance Risk Assessment Tools Enables assessment of compliance risk at entity, product, or process levels.		Risk assessment and compliance risk scoring tools are a main use-case.
Automated Gap Analysis Automatically identifies gaps in existing compliance controls.		Automated control/gap analysis is included in scenario modeling and risk controls.
Corrective and Preventive Action (CAPA) Tracking Tracks completion and effectiveness of corrective actions.		Tracks issue logs and actions to resolution for compliance incidents (CAPA).
Compliance Calendar Central calendar for deadlines related to regulatory filings or policy reviews.		Compliance calendar with task assignment and alerts is part of workflow and tracking module.
Incident Management Logs and manages remediation of compliance incidents.		Incident management is part of FICO's compliance/case management solutions.
Heatmap Generation Visualizes areas of compliance risk across entities or processes.		Heatmap/data visualization tools provided as part of risk dashboards.
Automated Remediation Recommendations Provides suggestions for closing compliance gaps.		Automated remediation recommendations can be generated based on risk assessments and rules.
Continuous Control Testing Frequency The number of control tests the system can run automatically on a periodic basis.		No information available
Key Risk Indicator (KRI) Monitoring Monitors leading indicators for early warning of compliance risks.		Monitoring and alerting for KRIs and compliance risk indicators is part of risk dashboarding.
Management Review Dashboard Special review dashboards for compliance managers or auditors.		Manager/reviewer dashboards are described for oversight and review processes.

FICO Decision Management Suite from FICO

Product analysis by function

Compliance Management for Compliance

Regulatory Compliance Monitoring (6 Yes /6 Known /10 Possible features)

KYC & Customer Due Diligence (9 Yes /9 Known /11 Possible features)

Anti-Money Laundering (AML) (10 Yes /10 Known /11 Possible features)

Audit & Reporting (6 Yes /6 Known /10 Possible features)

Workflow Automation (7 Yes /7 Known /10 Possible features)

User Access & Security (8 Yes /8 Known /10 Possible features)

Data Management & Quality (9 Yes /9 Known /10 Possible features)

Integration & Interoperability (8 Yes /8 Known /10 Possible features)

User Experience & Accessibility (7 Yes /7 Known /10 Possible features)

Training & Knowledge Management (5 Yes /5 Known /10 Possible features)

Continuous Improvement & Risk Management (9 Yes /9 Known /10 Possible features)