Tech Mahindra, a global IT services and consulting firm, announced a strategic partnership with analytics software leader FICO to drive next-generation AI adoption across the banking, financial services, and insurance (BFSI) sector.
Under the agreement, Tech Mahindra will establish a dedicated Centre of Excellence (CoE) for the FICO Platform. The CoE will deliver consulting, implementation, and managed services that leverage the FICO Platform’s analytics and decision intelligence capabilities, enabling clients to translate AI investments into measurable business outcomes more rapidly.
Harshul Asnani, President and Head of Europe Business at Tech Mahindra, highlighted the industry’s struggle to derive meaningful returns from digital investments due in part to a global shortage of data scientists and systems architects. By combining FICO’s analytics pedigree with Tech Mahindra’s global delivery scale and integration expertise, the partnership aims to de-risk implementations and reduce time-to-value for clients.
Alexandre Graff, Vice President for Global Partners & Alliances at FICO, said, “Businesses are looking for the fastest way to get value from FICO Platform. 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.”
Tech Mahindra will also roll out dedicated skill development and enablement programs to certify its consultants in FICO’s AI-driven decisioning tools.
FICO’s Vice President for Global Partners & Alliances, Alexandre Graff, said that the partnership will help businesses “fast-track their digital transformation journeys” by leveraging a trained workforce, proprietary accelerators, and ready-to-deploy integrations — all of which aim to mitigate implementation risk while maximizing return on investment.
Originally founded in 1956, FICO is a pioneer in predictive analytics and decision management, and its technologies are used in more than 80 countries to power decisions ranging from fraud prevention to credit risk assessment. The firm’s FICO® Score remains the de facto standard for consumer credit risk evaluation across the United States.
While the initial focus of the CoE is on BFSI, both companies confirmed that future efforts will extend the partnership into additional verticals, leveraging the FICO Platform’s capabilities in sectors beyond banking.
