FICO and Tech Mahindra have entered into a global partnership to support banks, financial services and insurance (BFSI) institutions in accelerating core banking modernisation and AI-driven decisioning.
Under the partnership, Tech Mahindra will establish a dedicated Centre of Excellence (CoE) for the FICO Platform, designed to help financial institutions unify fragmented decisioning systems into a single, AI-enabled decisioning layer. The initiative is aimed at enabling faster value creation through advanced analytics, intelligent automation and large-scale digital transformation.
The CoE will provide end-to-end consulting, implementation and managed services, helping enterprises deploy FICO Platform more efficiently and achieve measurable business outcomes. Tech Mahindra will leverage its expertise in cloud-native architectures, data engineering and AI-led modernisation, alongside its global delivery capabilities, to reduce implementation risk and accelerate time-to-value for banks operating in complex environments.
Harshul Asnani, President and Head of Europe Business at Tech Mahindra, said the collaboration addresses a critical gap faced by enterprises struggling to translate digital transformation investments into returns, citing talent shortages and fragmented decision-making as key challenges. He noted that combining FICO’s analytics platform with Tech Mahindra’s implementation expertise would enable customers to scale innovation and operationalise AI more effectively.
FICO said the partnership would help businesses move faster from experimentation to production-ready AI deployments. Alexandre Graff, Vice President for Global Partners & Alliances at FICO, said Tech Mahindra’s FICO-trained experts and proprietary accelerators would allow clients to fast-track digital transformation while minimising execution risk.
While the initial focus of the CoE will be on banking and financial services, both companies said the scope will expand to other industries over time, with joint development of sector-specific solutions built on the FICO Platform.
The partnership reflects growing demand across the financial sector for AI-driven decisioning frameworks that improve agility, risk management and customer outcomes as banks modernise legacy core systems.
