sponsored by FICO
Posted:  04 Mar 2011
Published:  04 Mar 2011
Format:  PDF
Length:  8  Page(s)
Type:  White Paper
Language:  English

The adage “choice is the enemy of decision” certainly holds true for optimization solutions. As banks move towards optimizing customer decisions, the many choices available make it difficult to know what works best.

While some optimization solutions are purely software-based “solvers,” others offer more, such as modeling services or domain expertise within a given decision area. Moreover, choice is not the only challenge. Historically, many solutions are highly academic and not built to meet real-world requirements.

So, what are the right criteria to evaluate an optimization solution?

This paper outlines the 10 questions you should ask to help you understand the requirements – and avoid the pitfalls – of decision optimization. Read more about the lessons learned from FICO’s extensive work with clients successfully using optimization today.

Banking Industry | Business Intelligence | Business Models | Business Process Modeling | Customer Data Management | Data Management | Decision Support Systems | Financial Services Industry | Predictive Analytics

View All Resources sponsored by FICO

About TechTarget:

TechTarget provides enterprise IT professionals with the information they need to perform their jobs - from developing strategy, to making cost-effective IT purchase decisions and managing their organizations' IT projects - with its network of technology-specific Web sites, events and magazines

All Rights Reserved, Copyright 2000 - 2014, TechTarget | Read our Privacy Statement