Bank of Montreal (BMO), a 200-year-old financial institution and eighth-largest bank in the Americas, partnered with FICO and AWS to modernize its credit decision systems. Facing challenges with legacy, on-premise infrastructure, BMO transitioned to cloud services through FICO’s solution on AWS. This move has provided a secure, scalable environment and eliminated issues with updates, offering seamless, version-free upgrades. The partnership has enabled faster, lower-cost changes, reduced data processing times, and allowed for enhanced data integration—all driving better, quicker service for BMO’s 12 million customers.
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