FICO
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| Type | Public company (NYSE: FICO) |
|---|---|
| Founded | 1956 |
| Headquarters |  Minneapolis, Minnesota |
| Key people | Mark N Greene CEO |
| Products | FICO Score, Blaze Advisor, Falcon Fraud, Debt Manager, Model Builder |
| Website | www.fico.com |
FICO (NYSE: FICO) is a public company that provides analytics and decision making services—including credit scoring[1]—intended to help financial services companies make complex, high-volume decisions.[1]
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[edit] History
A pioneer credit score company, FICO was founded in 1956 as Fair, Isaac and Company by engineer Bill Fair and mathematician Earl Isaac.[2] FICO was first headquartered in San Rafael, CA, United States[3].
Selling its first credit scoring system two years after the company's creation,[2] sales of similar systems soon followed. In 1987 FICO went public.[2] That year also saw the introduction of the first general-purpose FICO score when BEACON debuted at Equifax.[2]
Originally called Fair, Isaac and Company, it was renamed Fair Isaac Corporation in 2003.[2] The company rebranded again in 2009, changing its name and ticker symbol to FICO.[4]
[edit] Location
FICO has its headquarters in Minneapolis, Minnesota United States[5] and has offices in Asia Pacific, Australia, Brazil, Canada, China, India, Korea, Malaysia, Singapore, Spain, United Kingdom, and the USA. Its main offices are located in Minneapolis, MN, San Rafael, CA, and San Diego, CA.[6]
[edit] FICO score
A measure of credit risk, FICO scores are available through all of the major consumer reporting agencies in the United States and Canada: Equifax;[7] Experian;[7] TransUnion;[7] PRBC.[8]
[edit] Clients
FICO provides its products and services to very large businesses and corporations across a number of fields, notably banking.
[edit] See also
[edit] References
- ^ a b About Us FICO Official Site
- ^ a b c d e History FICO Official Site
- ^ FICO score, Retrieved December 01, 2011.
- ^ FICO Unveils New Ticker Symbol on New York Stock Exchange FICO Official Site
- ^ Worldwide Locations FICO Official Site
- ^ FICO.com
- ^ a b c Credit Reporting Agencies FICO Official Site
- ^ Fair Isaac and PRBC Team Up to Enhance Credit Risk Tools Used by Mortgage Industry FICO Official Site
