FICO Blaze Advisor Primary Use Case

PIOTR SHUBIANOK - PeerSpot reviewer
Chief Executive Officer at a computer software company with 201-500 employees

The solution's primary use case is to automate the risk analysis department's work. The solution's main reasons for being developed are to create strategies for loan origination, banking, and risk management for insurance companies.

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RK
Application Architect at a tech services company with 10,001+ employees

Blaze Advisor is a decision management tool or a rule engine. Currently, I'm working on one project which is for a financial institution. We are utilizing it here to manage the rules related to the compliance checks, as well as some eligibility checks and some funds-related information. We are checking to see if the funds are available or are there is any fundraising that needs to be done.

Currently, we are using FICO on-prem. We have planned to move to the cloud maybe next year.

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RI
Business Rules Analyst at a financial services firm with 1,001-5,000 employees

My work is mainly with the rules management engine, basically the second part of the Blaze Advisor solution. As a business rules analyst, I maintain and add rules in the solution and am currently creating tables and pieces of logic that the company needs. We work in several countries and I need to be sure that every piece of code and logic is based on the needs of each country. We're using the SaaS version and we are customers of FICO. 

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Buyer's Guide
FICO Blaze Advisor
April 2024
Learn what your peers think about FICO Blaze Advisor. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,246 professionals have used our research since 2012.
SK
Product Owner at Allianz Services

FICO Blaze Advisor was used for the business rules set up for the insurance perspective only. We had to set the business rules for the claims and then the solutions' underwriting.

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JB
Systems Specialist at Živnostník

We use FICO Blaze Advisor for designing projects to approve clients or loans. 

We have version 7.7, which is the common version. It's not the latest one, but it is the standard version which is expected on the client side. We have this solution on-prem. In the future, we plan to migrate to the cloud.

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CB
Team Lead at a financial services firm with 10,001+ employees

I am a business analyst and I use this product to assist in decision making. We work primarily in the banking sector.

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SV
Business Analyst at Sharekhan
  • Applying changes in the system on the fly
  • Predicting customer behavior
  • Visibility of rules to the business team.
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HK
Technical Lead at Vertisystem Global Pvt. Ltd.

One of our clients is a mobile insurance company and there are many business rules. Let's say a person has filed a claim for his lost mobile. The software identifies the person, whether he has enrolled in coverage for that mobile or not, whether the insurance has expired, etc. We have implemented those rules in Blaze Advisor and it's provided as a service that can be consumed in the application used by the customer service representative.

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Buyer's Guide
FICO Blaze Advisor
April 2024
Learn what your peers think about FICO Blaze Advisor. Get advice and tips from experienced pros sharing their opinions. Updated: April 2024.
768,246 professionals have used our research since 2012.