FICO Analytics Workbench

Formerly FICO Model Builder

FICO Analytics Workbench is an analytics platform designed to provide advanced analytics and data science capabilities to medium to large-sized enterprises across various industries. According to the vendor, this platform empowers organizations to make better business decisions and drive improved outcomes. It is utilized by data scientists, business analysts, risk managers, and professionals in the financial services, insurance, and retail sectors, among others.

Key Features

Data Exploration: According to the vendor, FICO Analytics Workbench offers a user-friendly interface for visually exploring and analyzing data sets. Users can filter, sort, and aggregate data to gain insights and identify patterns. The platform supports various data visualization techniques to enhance data understanding.

Model Development: The vendor claims that FICO Analytics Workbench provides a wide range of tools and functionalities for building predictive models. Users can utilize advanced machine learning algorithms, statistical techniques, and optimization methods. The platform supports both supervised and unsupervised learning approaches for classification, regression, clustering, and anomaly detection.

Model Deployment: According to the vendor, FICO Analytics Workbench seamlessly integrates with existing IT infrastructure, allowing easy deployment of models into production environments. Models can be deployed as RESTful APIs, enabling other systems and applications to utilize the models' predictions. The platform supports model versioning and management for accuracy and efficiency.

Model Monitoring: The vendor states that FICO Analytics Workbench offers robust monitoring capabilities to ensure the ongoing performance and reliability of deployed models. Users can set up automated monitoring processes to track model accuracy, drift, and performance over time. Real-time monitoring dashboards display key performance indicators and metrics.

Collaboration and Governance: According to the vendor, FICO Analytics Workbench facilitates collaboration among data scientists, business analysts, and stakeholders. Users can share and collaborate on projects, models, and data sets, promoting knowledge sharing and teamwork. The platform ensures data security and governance through role-based access control and permissions.

Advanced Data Profiling: The vendor claims that FICO Analytics Workbench provides advanced data profiling capabilities to identify data quality issues and inconsistencies. Users can easily identify and address data quality problems, ensuring accurate and reliable analyses.

Feature Engineering: According to the vendor, users can create and customize features, select relevant variables, and perform feature engineering to enhance model performance. FICO Analytics Workbench offers a range of feature engineering techniques to optimize models and improve predictive accuracy.

Seamless Integration: The vendor states that FICO Analytics Workbench seamlessly integrates with existing IT infrastructure, making it easy to connect and utilize data from various sources. Users can access and analyze data from multiple systems and databases, enhancing the depth and breadth of analytics.

Model Versioning and Management: According to the vendor, FICO Analytics Workbench supports model versioning and management to ensure that the most up-to-date and accurate models are deployed. Users can easily track and manage different versions of models, enabling efficient model governance and maintenance.

Automated Alerts and Notifications: The vendor claims that users can configure alerts and notifications to be notified of any issues or anomalies detected in the behavior of deployed models. This proactive monitoring helps users identify and address potential problems promptly, ensuring the reliability and effectiveness of models.