Fair Isaac Corporation, a provider of analytics and decision technology, announced that it will acquire NAREX Inc., a leader in analytic solutions for collections and recovery, in a $10 million cash transaction. The Golden, Colorado-based firm will become a new operating unit within Fair Isaac's Global Account Management Solutions division.
Fair Isaac and NAREX share a commitment to delivering leading-edge customer strategy and decision management analytics, and the acquisition extends the reach of Fair Isaac's account management solutions across the entire credit customer lifecycle. Industry-standard Fair Isaac offerings such as the FICO score and TRIAD adaptive control system enable businesses to leverage advanced analytics to target customers, book new accounts, establish credit lines and manage early stage collections. NAREX's solutions and expertise give Fair Isaac the added ability to drive businesses' late-stage collection and recovery strategies.
Register or login for access to this item and much more
All Information Management content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access