Business advisory firm FTI Consulting and ForMotiv, a developer of digital behavioral data capture software and services, have formed a partnership to deliver data capture capabilities and advisory services to insurers and other financial services companies, FTI announced.
Philadelphia-based ForMotiv is the creator of a digital behavioral intelligence platform capturing a digital DNA of applicants and web users.
The ForMotiv solution provides new insights related to web session data-entry form behavior not currently available with other software methods, says FTI. Organizations are using new data on actions such as hesitation, field re-entry, corrections, cut-and-paste, and hover times to improve their predictive models. “The combination of this data capture and the financial services industry expertise of FTI Consulting will deliver significant value to insurers, lenders, credit-card issuers and any firm whose price or product availability depends upon obtaining accurate data,” says a news release from FTI.
FTI has more than 5,500 employees in 27 countries. It has executive headquarters in Washington D.C.