FICO announced a partnership with 4most Europe to help European financial institutions comply with banking regulations. 4most will deliver FICO® Decision Central™ software for analytic model governance to customers, and provide consulting. Under European regulations, it is increasingly important for financial institutions to document the decisions they make on customers, the factors that drove those decisions, and the performance of the analytic models used to make decisions. With FICO Decision Central, financial institutions can monitor and manage the evolution of every component that goes into making a decision. This gives visibility and control over an entire decision strategy, including data quality, predictive models, optimization models, machine learning algorithms, strategy trees and rule flows. The frameworks that can be deployed within Decision Central help lenders comply with the Capital Requirements Regulation (CRR), Internal Ratings-Based (IRB) Basel approach and the European's Central Bank's Target Review of Internal Models (TRIM). These frameworks can cut the time needed to achieve compliance by up to six months.