FICO

FICO powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve decisions. FICO holds more than 165 U.S. and foreign patents on technologies that increase profitability, customer satisfaction and growth. One of FICO's most important innovations is the FICO® Score, which is recognized as the independent standard measure of consumer credit risk in the U.S. The FICO® Score is used in over 90% of all lending decisions and are cited as the credit risk measure in over 98% of total dollars in U.S. securitizations*. This helps investors, lenders, regulators, consumers and other parties have a common understanding of credit risk. *Mercator Advisory Group Asset Back Securitization Study for credit card and auto loans and leases in 2016 and 2017.

http://www.fico.com/independent/independence