FICO™ PlacementsPlus® service

The PlacementsPlus service is a unique ASP service that manages the placement

of consumer debt and messaging to outside collection agencies. It is the most comprehensive account placement and management system in the industry, allowing users to view data generated as recently as yesterday.

The PlacementsPlus service:

Scrubs for bankrupt and deceased accounts•

Executes client business rules for portfolio •management, segmentation and distribution

Places the account with the identified •agency or attorney

Supports automated recall, re-evaluation •or replacement of accounts

Provides a full reporting suite to analyze •agency and portfolio performance

Manages exception handling of receivables•

Provides reporting on collection activities •and results for sophisticated management of third party placements

New functionality » enhances PlacementsPlusPlacementsPlus service now offers new features to assist credit grantors in improving collections, and in maximizing the value of portfolio sales.

Customer-Level collectionsPlacementsPlus service allows credit grantors to manage the collection of multiple contingency accounts for a single customer, thus ensuring that the agency working a particular account has full visibility into the indebtedness of the customer. With customer-level functionality, IDs are assigned to link multiple accounts to a single customer, which allows you to manage multiple debt items as a single entity. Customer-level functionality enables you to define placement, recall and commission rules for the customer. You can also search and enter work queue requests for these same customers.

Debt SalesThe Debt Sales module in PlacementsPlus service provides credit grantors with the means to initiate, execute, monitor and report their debt sales—both forward flow and one-off debt sale events. This functionality provides additional visibility and control over the debt sale process which will help ensure that credit grantors will be able to maximize the value they receive from the sale of their portfolios.

Maintain complete control »Using the PlacementsPlus service, credit grantors maintain complete control over commissions, as well as the distribution of volumes of accounts to their agencies, attorneys, debt buyers and internal recovery departments.

Agencies benefit from instantaneous communication with creditors, as well as access to online reports showing collections results.

collections and recovery

Increase net recoveries through greater visibility and control over placement of contingency accounts

Increase netback and reduce administrative costs with the FICO™ PlacementsPlus® service, which streamlines the placement and management of contingency accounts within a single user interface. Using the PlacementsPlus service, credit grantors can maintain control over the distribution and management of accounts to their agencies, attorneys, debt buyers and internal recovery departments.

From this sample Collections Activity Report, a creditor could determine that Agency 4’s performance is slipping. The creditor could identify Agency 4’s weaknesses and help the agency get back on track quickly. The creditor can also identify areas where other agencies may need guidance. All PlacementsPlus reports can be highly customized, with dozens of selection criteria leading to hundreds of possible report configurations.

Collection activities and results per account

Agency 1 2.12 2.39 0.80 0.53 0.18 6.21%

Agency 2 2.08 2.46 0.82 0.55 0.18 6.82%

Agency 3 2.11 2.21 0.74 0.49 0.16 5.88%

Agency 4 2.13 1.07 0.36 0.24 0.08 4.34%

Agency

Activities Results

LiquidationRate

LettersSent

OutgoingCalls Connects

RightParty

Contacts Promises

COLLECTIONS ACTIVITY REPORT

www.fico.com Make every decision countTM

Business rules management functionality through the integration of FICO™ Blaze Advisor® enhances control and improves collections results. Now business users gain improved control over processes, including account handling through the lifecycle of recoveries, commission calculations and the automation of responses to account exception requests. The ability for business users to automate the execution of day-to-day basic business rules provides for operating efficiencies, increased perform ance and lower costs.

Single interface »The FICO™ PlacementsPlus® service provides a single interface—through the FICO® Network—with agencies for the placement, management, reporting and exception processing of receivables.

Through this network, credit grantors can monitor their agencies’ performance and compliance to established service-level agreements, as well as provide the ability to rapidly replace a non-performing agency.

This ability to replace agencies offers the credit grantor tremendous savings in interface costs and prevents the loss of revenue due to account inactivity.

Reporting suite »The PlacementsPlus service includes a reporting suite—a set of performance reports that gives the credit grantor an unprecedented view into the activities of the agencies working its accounts. With OLAP-based technology, the PlacementsPlus service provides even more configurable user-defined reports, which can be generated in seconds. These include batch-track reporting on both summary and comparative levels, as well as reports for agency collection activity, inventory, key benchmarks and financials.

The PlacementsPlus Work Queue manages exceptions-handling requests and responses such as settlements, complaints, media, recall extensions, legal, arbitration and fraud.

Combine with Placement » OptimizerSM serviceWhen combined with the Placement Optimizer service, the PlacementsPlus service offers the greatest benefit potential through optimized placement and reduced infrastructure costs.

The Placement Optimizer service maximizes net recoveries, or netback, to credit grantors by ensuring that each optimized account is sent to the agency most likely to maximize collections on accounts of that type. A control group ensures apples-to-apples comparison of results. The solution can significantly reduce the administrative costs associated with receivables collection for both credit grantors and collection agencies.

Delivered through » the FICO NetworkPlacementsPlus and Placement Optimizer services are delivered through the FICO Network.

Additional FICO Network services include:

Debt Placement Service•

Data request services•

Document Storage and Presentment•

Scoring and analytics•

Communication tools•

Find out more »Learn more about how your organization can benefit from the industry’s most advanced collections and recovery solutions from FICO.

Email: collectionsolutions@fico.comVisit: www.fico.com

Features

Know where performance is slipping and respond quickly

Gain instant communication with agencies

Obtain user-defined reporting in seconds

Avoid installation and maintenance hassles

FICO, PlacementsPlus, BlazeAdvisor, Placement Optimizer and “Make every decision count” are trademarks or registered trademarks of Fair Isaac Corporation in the United States and in other countries. Other product and com-pany names herein may be trademarks of their respective owners. © 2005-2009 Fair Isaac Corporation. All rights reserved.

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For more information US toll-free International email web +1 888 342 6336 +44 (0) 207 940 8718 info@fico.com www.fico.com