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BMO and FICO Transform Financial Services with AWS

Overview

Bank of Montreal (BMO), a 200-year-old financial institution and eighth-largest bank in the Americas, selected AWS Partner FICO and Amazon Web Services (AWS) to modernize its credit decision. Facing challenges with legacy, on-premises infrastructure, BMO transitioned to cloud services through FICO’s Platform 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. 

This partnership with AWS allows us to have a real secure environment that, together with the FICO Platform functionalities, is a win-win.

Daniel Melo

Sr. Partner for Partner Solutions, FICO

About Customer BMO

BMO is headquartered in Chicago, IL and is the 8th largest bank in North America by assets, we provide personal and commercial banking, global markets and investment banking services to 13 million customers. We’re proud to be fueling progress for individuals, families and businesses across North America. 

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About AWS Partner FICO

FICO is a leading analytics software company, helping businesses in 90+ countries make better decisions that drive higher levels of growth, profitability and customer satisfaction. 

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