# Silicon Valley Analytics Firm FICO Achieves AWS Financial Services Competency Status
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2016-12-01
Category: BUSINESS
Category URL: https://financedigest.com/category/business
Meta Title: FICO Attains AWS Financial Services Competency Status
Meta Description: Learn how FICO's analytics software helps financial organisations manage risk, data, compliance, and governance with AWS solutions. Read more here.
Tags: featured
Tag URLs: featured (https://financedigest.com/tag/featured)
URL: https://financedigest.com/silicon-valley-analytics-firm-fico-achieves-aws-financial-services-competency-statushtml

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Silicon Valley analytics software firm FICO announced today that it has achieved **Amazon Web Services (AWS) Financial Services Competency status**. This designation recognises FICO for delivery of effective solutions to help organisations manage critical issues pertaining to the industry, such as risk management, data management, navigating compliance requirements and establishing governance models.

Achieving the AWS Financial Services Competency differentiates FICO as an [AWS Partner Network](https://aws.amazon.com/partners/) (APN) member that has **demonstrated relevant technical proficiency and proven customer success**, delivering solutions seamlessly in the AWS Cloud environment. To receive the designation, APN Partners must demonstrate industry expertise, have readily implemented solutions that align with AWS architectural best practices, and have staff with AWS-certifications.

“FICO has aggressively moved its solutions to the cloud, and we are proud to be one of the first APN partners to achieve AWS [Financial Services](https://www.financedigest.com/how-crowdsourcing-can-help-drive-the-benefits-of-advanced-analytics-in-financial-services.html "HOW CROWDSOURCING CAN HELP DRIVE THE BENEFITS OF ADVANCED ANALYTICS IN FINANCIAL SERVICES") Competency status,” said **Stuart Wells, chief technology officer at FICO**. “For 60 years, FICO has brought new innovations to [financial services](https://www.financedigest.com/financial-services-firms-turn-to-big-data-intelligence-to-fight-fraudulent-activity-according-to-xerox-study.html "FINANCIAL SERVICES FIRMS TURN TO BIG DATA INTELLIGENCE TO FIGHT FRAUDULENT ACTIVITY ACCORDING TO XEROX STUDY") in risk management, fraud management, compliance, collections and customer communications, and over the coming months we will bring more and more of our software portfolio to the cloud, powered by AWS.”

The AWS Cloud is enabling **scalable, flexible, and cost-effective solutions for** [banking and payments](https://www.financedigest.com/could-the-npa-be-the-catalyst-banks-need-to-transform-their-payment-networks.html "Could the NPA be the catalyst banks need to transform their payment networks?"), capital markets, and insurance organisations of all sizes, from startups to global enterprises. To support the seamless integration and deployment of these solutions, AWS established the Financial Services Partner Competency Program to help customers identify Consulting and Technology APN Partners with [deep industry](https://www.financedigest.com/vibratory-feeder-machine-market-insights-deep-analysis-of-key-vendor-in-the-industry-2019-2029.html "Vibratory Feeder Machine Market Insights, Deep Analysis of Key Vendor in the Industry 2019 – 2029") experience and expertise.

FICO offers the [FICO® Customer Communication Services](http://www.fico.com/en/products/fico-customer-communication-services) on AWS, as part of its **FICO Analytic Cloud offerings**. Other solutions on the FICO Analytic Cloud include the [FICO® Decision Management Suite](http://www.fico.com/en/analytics/decision-management-suite), [FICO® Origination Manager](http://www.fico.com/en/products/fico-origination-manager) and other FICO decision management solutions.


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