KDnuggets : News : 2004 : n21 : item27 < PREVIOUS | NEXT >


Fair Isaac Announces Version 2.2 of Model Builder

Faster Development and Deployment of Decision Systems
New release empowers financial institutions to respond to market and strategy changes while improving compliance with corporate and regulatory priorities

MINNEAPOLIS — October 29, 2004 — Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision technology, today announced the introduction of Model Builder 2.2, the latest release of its enterprise decision management tool specifically designed to streamline and build more powerful analytic models. Model Builder 2.2 improves the speed and accuracy of developing high-performing models that can be custom-configured to meet the specific business requirements of financial institutions across lines of business and applications.

Model Builder is part of Fair Isaac’s software and solutions for enterprise decision management, which combines data analytics, modeling and policy-level control to allow companies to define and manage their automated business systems for improved efficiency and greater profitability. A unique feature of Model Builder 2.2 that is of significant value to global financial services companies is the ability to develop accurate models using less data while maintaining compliance with necessary corporate governance policies and regulations, such as Basel II.


The bootstrap validation capabilities provided by Model Builder 2.2 allow organizations to build precision models while requiring less data. Model Builder 2.2 also improves the speed of transactional data preparation by equipping companies with the addition of the Fair Isaac Data Cleanser and Variable Processor. Fair Isaac’s Data Cleanser removes the unnecessary and valueless data and provides options for the handling of missing and special values. Variable Processor allows users to easily summarize transaction information to the customer level.

For more information, visit www.fairisaac.com.

KDnuggets : News : 2004 : n21 : item27 < PREVIOUS | NEXT >

Copyright © 2004 KDnuggets.   Subscribe to KDnuggets News!