FICO® Master File Characteristic Library
A comprehensive global library of over 1,000 pre-built characteristics generated from client servicing and loan accounting systems
The FICO® Master File Characteristic Library (MFCL) is a Managed IP Service that delivers a comprehensive library of characteristics derived from client servicing and loan accounting systems, including checking, savings, loan, mortgage, and revolving credit data. Available in two versions, the Full Library (1,000+ characteristics) and the Open MFCL (950+ characteristics with pseudo-code access for audit and self-deployment), MFCL covers cycle data, delinquency data, and transaction activity, calculated as time-since, sums, averages, percentages, ratios, and trends. It supports analytic model development, decision strategies, and customer lifecycle use cases including credit risk, collections, attrition, and marketing. MFCL can be used in batch or real-time, as part of a FICO Platform implementation or with in-house technology solutions, and is a globally available offering.Free trial
Features
Benefits
Features
Comprehensive Multi-Account Characteristic Coverage
FICO® MFCL generates over 1,000 pre-built characteristics from a customer's full account history, spanning checking, savings, loan, mortgage, and revolving credit data. Characteristics are calculated across multiple dimensions including cycle data, delinquency data, and transaction activity, expressed as time-since, sums, averages, percentages, ratios, and trends, with support for up to 24 months of monthly delinquency history and 12 months of behavioral data such as balances, payments, and purchases.Open MFCL with Pseudo-Code Transparency
The Open MFCL version provides access to detailed plain-English pseudo-code specifications that document the transformations and calculations behind each of the 950+ characteristics in the library. This transparency supports regulatory audit requirements and self-deployment scenarios, giving compliance and analytic teams full visibility into the logic driving their models and strategies, without sacrificing the speed and consistency of a managed FICO service.Benefits
Accelerated Analytic Model Development
Continuous Library Updates at No Additional Cost