Global FICO Score to Set New Credit Risk Scoring Standard in India

Fair Isaac Corporation (NYSE:FIC), the leading provider of analytics and decision management technology, today announced a ground-breaking alliance with High Mark Credit Information Services of India to introduce Fair Isaac's global-standard FICO(R) credit risk scoring technology to Indian lenders.

The flexible design of Global FICO(R) Score will enable High Mark to mitigate challenges in the rapidly evolving Indian marketplace that today hamper empirical developments of credit bureau scores. Global FICO Score is a scalable solution for both mature and emerging credit markets where the volume and depth of credit bureau data are evolving at an accelerated rate. As India's credit reporting system expands, Fair Isaac will leverage that growth in future versions of Global FICO Score to continue offering maximum risk assessment power to High Mark's members.