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.
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