FICO Helps China Minsheng Bank Strengthen Risk Management and Basel II Compliance

    FICO Helps China Minsheng Bank Strengthen Risk Management and Basel II

Ten-month engagement results in effective risk models for better credit
decisions, with emphasis on the micro and small enterprise market

PR Newswire

BEIJING, Jan. 8, 2013

BEIJING, Jan. 8, 2013 /PRNewswire/ --FICO (NYSE:FICO), the leading provider
of analytics and decision management technology, today announced the
successful completion of an assignment project with China Minsheng Banking
Corp., Ltd., to help strengthen the bank's small and micro business loan
portfolio and ensure Basel II compliance. The project entailed the development
of robust risk models covering every phase of the retail lending lifecycle, as
well as an analytics-powered risk management system to help meet Basel II


As outlined in a newly published case study, micro and small enterprises are
an important strategic market for Minsheng Bank, but pose major challenges in
the effective management of credit risk. With more than 640,000 such accounts
across China, the bank needed a more efficient means of assessing risk
quickly. The FICO team worked with the bank to develop and implement scoring
models that will enable the bank to make accurate and consistent evaluations
of credit risk at every stage from application through collection, and
ultimately grow its portfolio more profitably. The models can also support the
bank's retail credit card and consumer loan business. At the same time, FICO
helped develop a system that will improve the bank's ability to quantify and
control risk, as called for by the Basel II accord and China's central banking

"Both Minsheng Bank and FICO are very pleased by the results of our
cooperation," said Zhao Jicheng, the bank's general manager of Risk
Management. "The FICO team demonstrated outstanding professionalism and
technical proficiency, as well as a rigorous work attitude and strong project

FICO is engaged with 12 of the top 15 banks in China to help implement best
practices in risk management as the country's banking system continues to
develop and modernize. For complete details and results of the China Minsheng
Bank engagement, read the case study at

About FICO
FICO (NYSE:FICO) delivers superior predictive analytics solutions that drive
smarter decisions. The company's groundbreaking use of mathematics to predict
consumer behavior has transformed entire industries and revolutionized the way
risk is managed and products are marketed. FICO's innovative solutions include
the FICO^® Score — the standard measure of consumer credit risk in the United
States — along with industry-leading solutions for managing credit accounts,
identifying and minimizing the impact of fraud, and customizing consumer
offers with pinpoint accuracy. Most of the world's top banks, as well as
leading insurers, retailers, pharmaceutical companies and government agencies,
rely on FICO solutions to accelerate growth, control risk, boost profits and
meet regulatory and competitive demands. FICO also helps millions of
individuals manage their personal credit health through Learn
more at FICO: Make every decision count^™.

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SOURCE Fair Isaac Corporation

Contact: Media: Lauren Dettloff, FICO, Tel: +65 9277 7957,; Investors/Analysts: Steven Weber, FICO,
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