FICO Decision Optimizer 8.8 – Apr 2023

FICO

Community Manager

3 years ago

This minor release enables our clients to:

Have more controls and flexibility when running Tree Aware Optimization scenarios in Decision Optimizer.
Get quicker and better insights into Action Effect Models with enhanced export report functionality.

New Functionality and Changes Introduced with Decision Optimizer 8.8

New Features and Changes

Scenario configuration reports display the last modification datetime of the input account file
Tree Aware Optimization local constraints:
- User can impose the local constraint on the selected metric for each account (strict option), or on the weighted average of the accounts in the segment (default option)
- The default option is different to previous DO versions, since average is now weighted.
- In Summary Reports, local constraints are reported to be impacting and/or violating accounts. The values for these impacts and violations are shown in Results Details section.
In Tree Aware Optimization, the user has ability to conserve assigned treatment from the base tree template and only optimize over the leaf nodes that are not assigned any treatment.
Increased default limit of Tree Aware Optimization segments to 40K.

Additionally, the Action Effect Modeling 1.3 releasefocuses on improved performance and including key requested features.

New Features and Changes

Enhanced data export functionality to support templates with macros, charts and tables
Added model design and summary information, performance metrics, decile statistics, extrapolation values, and variable reports to the exported spreadsheet
Remove assumptions on positive Target/Action sign in all computations
Weights of evidence computed in terms of standard deviation, and not target mean for more robustness

Defect Remediation

Fixed Sample type button not appearing when Create Holdout Sample option set to "Generate"
Fixed incorrect record count when dataset had first empty column