Global analytics software leader FICO (NYSE: FIC) has entered into a global partnership with Tech Mahindra (NSE: TECHM), a leading provider of technology consulting and digital solutions, to accelerate AI-powered decisioning and core banking transformation for banking, financial services and insurance (BFSI) organisations worldwide.
As part of the alliance, Tech Mahindra will establish a dedicated Centre of Excellence (CoE) for the FICO® Platform, underlining its commitment to supporting large-scale core banking modernisation and intelligent decisioning across global financial institutions. The CoE is designed to help enterprises overcome the operational and talent challenges that continue to slow AI adoption in financial services.
The Centre of Excellence will deliver end-to-end consulting, implementation and managed services, enabling organisations to unlock faster, measurable value from the FICO Platform. Tech Mahindra will bring its deep expertise in digital transformation, cloud-native architectures, data engineering and AI-led modernisation to support seamless integration of FICO’s analytics capabilities within complex, legacy banking environments. By applying its global delivery scale, industry frameworks and reusable accelerators, Tech Mahindra aims to significantly reduce implementation risk and shorten time-to-value for customers.
Harshul Asnani, President and Head – Europe Business, Tech Mahindra, said:
“Enterprises are struggling to derive meaningful returns from their digital transformation investments. This challenge is amplified by a global shortage of data scientists and system architects, resulting in delayed implementations and fragmented decision-making. The partnership addresses this gap, bringing together FICO’s proven analytics platform with Tech Mahindra’s deep implementation expertise. Under this partnership, our skilled workforce will enable customers to drive innovation at scale and unlock measurable business outcomes.”
A key focus of the partnership is the unification of fragmented decisioning systems into a single, AI-driven decisioning layer that can sit across core banking environments. Alongside delivery services, Tech Mahindra will roll out dedicated skill development and enablement programmes to train consultants on FICO’s AI-driven decisioning tools. These initiatives are designed to help institutions move beyond experimentation and into production-ready deployments, addressing long deployment cycles and persistent skills shortages.
By combining certified talent, industry-aligned solutions and ready-to-use accelerators, the partnership seeks to de-risk AI adoption while maximising return on investment for financial institutions.
“Businesses are looking for the fastest way to get value from FICO Platform,” said Alexandre Graff, Vice President for Global Partners & Alliances at FICO. “By leveraging Tech Mahindra’s FICO-trained experts, proprietary accelerators, and ready-to-deploy integrations, businesses can significantly reduce implementation risk and fast-track their digital transformation journeys.”
While the initial focus of the CoE will be on BFSI organisations, FICO and Tech Mahindra plan to extend the scope of the partnership over time. The two companies will jointly develop industry-specific solutions using the FICO Platform, expanding into additional sectors as demand for unified, AI-driven decisioning grows.
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