Watch FICO WEBINAR - 2nd Wednesday Risk Management: Best Practice Educational Se...

Occurs second Wednesday of every month, 2-3pm ET These 60-minute web seminars will provide an overview on how best practices in your decision-making process provide better risk control for your organization. The eight-session series is designed to give you a full set of risk management basics across the credit lifecycle for virtually any credit type. These focused sessions on key risk management topics will provide you with the depth and understanding to help you protect and grow your business. Origination The most critical stage of the account lifecycle is originations. Savvy business managers hope to identify, control and price for 80% of their potential risk upfront. At the same time, their goal is to book as much business as possible to generate as much revenue as possible. The balance of risk and reward requires an understanding of the mechanics, tools and strategies available to walk this fine line, especially in a fluctuating economic environment. This webinar will explore the current economic conditions and the critical components to effective decision making, and will provide example case studies. Account Management Through the originations process, risk managers attempt to control for as much as 80% of future risk but once an account is booked, account management must deal with what risk remains as well as with risk that develops over time. In this webinar, we will explore how businesses are embracing a systematic approach to automating and managing post booking decisions to control on-going risk. We will discuss business rules management technology, advanced predictive analytics, and how the effective use of these tools can increase the precision, consistency, and agility of operationalizing complex account management strategies to achieve business objectives. Show less. more