FICO and Tech Mahindra Partner to Accelerate AI-Driven Decisioning and Core Banking Transformation

WHY THIS MATTERS: The true friction point in global finance today is not a lack of technology, but the effective operationalization of that technology at scale. This alliance is significant because it directly addresses the systemic challenges of fragmented decisioning systems and the persistent skills gap in AI in finance. FICO’s proven analytics platform is powerful, but its full value is often constrained by complex, legacy core banking environments. By establishing a dedicated Centre of Excellence, Tech Mahindra is positioning itself as the critical integrator, offering a fast-track to value. This isn’t just a sales channel; it’s an institutional commitment to accelerating large-scale digital transformation, moving global financial institutions past ‘experimentation’ and into production-ready, unified, and intelligent decisioning layers. This pragmatic approach drastically reduces implementation risk, making high-value AI adoption accessible for institutions struggling with talent shortages and long deployment cycles.

Global analytics software leader FICO (NYSE: FIC) announced that it has entered a global partnership with Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, to help banking, financial services, and insurance (BFSI) organizations accelerate value creation through AI-powered decisioning and advanced analytics. As part of the partnership, Tech Mahindra will establish a dedicated Centre of Excellence (CoE) for FICO® Platform, reinforcing the company’s commitment to driving large-scale core banking modernization and intelligent decisioning for global financial institutions.

The CoE will deliver end-to-end consulting, implementation, and managed services, enabling enterprises to fully leverage the capabilities of FICO Platform and realize faster, measurable business outcomes. Tech Mahindra’s deep expertise in digital business transformation, cloud-native architectures, data engineering, and AI-led modernization will play a central role in accelerating customers’ transformation journeys. Tech Mahindra will apply its global delivery scale, industry frameworks, and accelerators to ensure seamless integration of FICO Platform within complex banking ecosystems, significantly reducing implementation risk and time-to-value.

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.”

The partnership will also help financial institutions transform core banking environments by unifying fragmented decisioning systems into a single, AI-driven decisioning layer. Tech Mahindra will also launch dedicated skill development and enablement programs to train consultants on FICO’s AI-driven decisioning tools. The initiatives will focus on helping enterprises operationalize AI, moving from experimentation to production-ready deployments. By combining certified talent, reusable accelerators, and industry-aligned solutions, Tech Mahindra aims to help clients de-risk adoption while maximizing return on investment.

“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 is on BFSI, the scope of the CoE will extend beyond banking, as Tech Mahindra and FICO jointly develop industry-specific solutions leveraging FICO Platform across additional sectors.

FF NEWS TAKE: This partnership certainly moves the needle. The fusion of specialized platform IP with large-scale implementation muscle tackles the execution deficit plaguing many enterprise AI initiatives. By creating a unified, single layer for intelligent decisioning, FICO and Tech Mahindra are delivering a necessary upgrade to core banking infrastructure. The market should now watch the output of the new CoE. Specifically, the speed and success of the initial BFSI rollouts will determine how quickly the joint venture expands FICO Platform solutions into other sectors as promised.