FICO (NYSE: FIC), founded in 1956 as Fair Isaac by engineer Bill Fair and mathematician Earl Isaac, provides consulting services and enterprise decision management systems. They developed the FICO scores, a measure of credit risk, which are the most used credit scores in the world. FICO scores are available through all of the major consumer reporting agencies in the United States and Canada: Equifax; Experian; TransUnion; and PRBC. FICO is a registered trademark of Fair Isaac Corporation.

FICO is based in Minneapolis, Minnesota, United States. The company has offices in North America, South America, Europe, Australia and Asia. The company employs about 3,000 people (as of 2006) and earned revenue of about US$800 million in 2005.Fact: date=January 2009

FICO's client list covers more than 1,400 financial-service providers, including 99 of the top 100 US banks and 49 of the top 50 global banks.Fact: date=August 2007 More than 200 retailers, including nine of the top 10 retail card issuers in the USFact: date=August 2007 use FICO retail management software. FICO serves more than 100 telecommunications providers worldwide, including the top 10 US wireless providers and six of the world's top 10 telecommunications service providers.Fact: date=August 2007

Company milestones

• 1958: Fair Isaac starts building credit scoring systems.
• 1970: First credit card scoring system delivered.
• 1975: First behavior scoring system to predict credit risk related to existing customers.
• 1981: Introduction of Fair Isaac credit bureau try to scores.
• 1986: IPO, stock listed at NASDAQ.
• 1991: Introduction of TRIAD, a credit card management system.
• 1996: Stock moves from NASDAQ to NYSE.
• 1997: The American Bankers Association honors Bill Fair and Earl Isaac with Distinguished Service Award for their pioneering work in credit scoring.
• 2002: Merger with HNC Software, Inc., adding fraud detection to their arsenal with the $100 million Falcon product line and strengthening their analytics offerings in the insurance and telecommunications markets.
• 2003: Fair, Isaac and Company is renamed Fair Isaac Corporation.
• 2004: Acquisition of London Bridge Software, expanding services to credit collections and recovery software. Opens a new analytic consulting and product development center in Bangalore, India targeted primarily at Asia Pacific markets.
• 2005: Acquisition of RulesPower, bringing Rete III algorithm to Blaze Advisor.
• 2006: Celebrates 50th anniversary.
• 2008: Fair Isaac released Debt Manager 7
• 2009: Company name changed from Fair Isaac, to FICO (FICO means Fair Isaac Corporation). Website changed to fico.com

Key people

• Dr. Mark N Greene: Chief Executive Officer
• Charles M Osborne: Vice President, Chief Financial Officer
• Michael H Campbell: Vice President, Chief Operating Officer
• Laurent Pacalin: Vice President, Chief Marketing Officer
• Andrew Jennings: Vice President, Research
• Larry E Rosenberger: Fellow of Fair Isaac
• Richard A Stewart: Vice President, Professional Services
• Richard S Deal: Vice President, Human Resources
• John D Emerick Jr.: Vice President, Corporate Development and Treasurer
• Michael (Mike) J Pung: Vice President, Finance
• Mark R Scadina: Vice President, General Counsel and Secretary