11/26/2020 | News release | Distributed by Public on 11/26/2020 12:15
As businesses use more and more analytics, keeping on top of those models, their changes and their performance is emerging as a greater challenge than ever. Turkey's Yapi Kredi, the fourth largest publicly owned bank in Turkey, is taking an advanced approach to AI model management by using FICO® Decision Central™ to manage analytics models and decision logic across the enterprise.
This is part of Yapi Kredi's System of Intelligence vision and roadmap to seamlessly conduct and orchestrate smarter analytics and data pipelines and enhance AI / machine learning lifecyle management. FICO Decision Central enables businesses to capture models and other decision assets so that they can be reused, modified and improved over time.
'We position FICO Decision Central as the management layer of our System of Intelligence initiative, which aims to improve the accuracy of each and every decision we take across the bank,' said Hakan Yilmaz, Yapi Kredi's Chief Data Officer. 'With Decision Central, we will not only have full control and visibility over our complete set of analytical assets, but we can also make full and efficient use of our assets through a best-of-breed governance practice over the entire model development life cycle.'
FICO® Decision Central™, part of the FICO® Platform, enables the most effective decision governance, minimizes risk, facilitates a continuous learning and improving loop, and promotes centralized collaboration across the enterprise. Workflows and process management reviews, approvals, and tracks open tasks across the complete model lifecycle from project proposal, development, deployment, maintenance, evolution, all the way to retirement. Granular reporting and adequate controls satisfy the most demanding regulatory compliance requirements flexibly adjusting to new regulations, ratings policies, capital requirements, and financial and accounting reporting standards.