How does GraphCast compare to FICO Score X Data?

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The table below summarises some key information about GraphCast from Kharon and FICO Score X Data from FICO, giving you some points to compare.

GraphCast FICO Score X Data
Product Use-cases
Product Description

Kharon's GraphCast solution delivers advanced visualizations and analytics, enabling organizations to uncover complex relationships and hidden risks within their data. By mapping connections between entities, GraphCast provides valuable insights into networks of financial crime, sanctions, and high-risk behaviors.

This powerful tool integrates seamlessly with risk management workflows, helping businesses visualize, understand, and act on critical intelligence. Kharon's GraphCast enhances decision-making and strengthens defenses against financial crime.

FICO® Score X Data leverages alternative data sources to enhance credit risk assessment for individuals lacking sufficient traditional credit information. By incorporating non-traditional data, this scoring model provides a more inclusive evaluation of creditworthiness, facilitating access to credit for underserved consumers.

Vendor Kharon FICO
Vendor Awards
  • 🏆 Financial Crime and Compliance50 2024 - Ranked 29 by Chartis (2024)
  • 🏆 Category Winner - Risk Typology Customization by Chartis (2024)
  • 🏆 Ranked - Strong Performer by Forrester (2024)
  • 🏆 Tech of the Future – Blockchain & Tokenisation by 2024 Banking Tech Awards (2024)
  • 🏆 Ranked - Major Player by IDC (2024)
  • 🏆 RiskTech100 2024 - Ranked 5 by Chartis (2024)
Vendor Headquarters United States United States
Vendor Founded 2016 1956
About the vendors

Kharon supplies data intelligence to help identify a wide range of sanctions and compliance risks critical to managing financial crimes, supply chain exposure, export controls, and investment risk. At the heart of Kharon's offerings is "The Kharon Core," which is described as the premier global risk analytics engine. The types of customers and use-cases their data and tools are used for include:

Forced Labor: Addressing risks associated with forced labor in supply chains, helping organizations comply with regulations and ethical standards.
Military End Use: Identifying risks related to entities engaged in military applications, aiding compliance with export controls and other regulations.
Sanctions and Financial Crimes Compliance: Supporting organizations in managing risks tied to sanctions and financial crimes to ensure compliance with global regulatory requirements.
Investment Risk: Offering insights to manage and mitigate risks in investment portfolios, especially concerning sanctioned or high-risk entities.
Public Sector: Providing solutions tailored to government and public sector needs for addressing compliance, security, and geopolitical risks.

The company was founded by former senior U.S. Treasury intelligence officials who brought deep knowledge of sanctions and regulatory landscapes to their work. Kharon's solutions have been recognized for their ability to streamline compliance workflows, reduce overscreening, and empower organizations to navigate complex regulatory environments. Their data is utilized by important government agencies such as U.S. Customs and Border Protection and the U.S. Department of Homeland Security.

In regards to their broader client base, as of the end of 2024, Kharon serves a diverse and prestigious client base, including:

- 8 of the 10 largest US banks
- 6 of the 10 largest EU banks
- Over 30 Fortune 100 companies
- 4 of the 5 largest global accounting firms
- 7 of the 10 largest US automotive companies
- 9 of the 10 largest global semiconductor companies

FICO, originally known as Fair Isaac Corporation, is a data analytics company headquartered in Bozeman, Montana. Founded in 1956 by Bill Fair and Earl Isaac, FICO has become a major player in the field of credit scoring and financial technology.
FICO offers a wide range of analytics software solutions and services, including:

- Credit scoring (the widely-used FICO Score)
- Fraud detection and prevention
- Decision management
- Customer communications
- Collections and recovery solutions
- Compliance tools

The company serves various industries, including banking, telecommunications, insurance, healthcare, and retail.

The FICO Score has become a standard measure of consumer credit risk in the United States. It plays a crucial role in lending decisions:

- Used in 75% of home loan originations
- Accessed by approximately 30 million American consumers (as of 2013)
- Helps increase consumer access to credit by providing a standardized risk assessment tool

FICO's influence extends beyond credit scoring, with its fraud protection services safeguarding over 2.5 billion credit cards.

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