ForMotiv and Unqork Announce Strategic Partnership to Deliver Digital Behavioral Intelligence Technology to No-Code Customers
NEW YORK and PHILADELPHIA (September 2020) – Unqork, the leading enterprise no-code application platform, and ForMotiv, a developer of digital behavioral data capture software and services, today announced a global partnership to deliver data capture capabilities and advisory services to joint enterprise customers.
Unqork is a no-code application platform that helps large enterprises build complex custom software and applications faster, with higher quality, and lower costs than conventional approaches. Since launching in 2017, Unqork’s customers include some of the world’s leading enterprises such as Goldman Sachs, Liberty Mutual, The City of New York, and Maimonides Medical Center.
ForMotiv is the leading behavioral intelligence provider working with Fortune 500 banks, financial institutions, and insurance carriers globally. The ForMotiv solution provides new insights on application data-entry form behavior, or “digital body language,” not currently utilized by financial services institutions, insurance carriers, and governments. Together, this partnership will assist joint customers two-fold: by identifying fraudulent and malicious behaviors by users, and by providing insight into UX and identify positive and negative behaviors to improve overall application health.
“Leading financial services organizations are increasingly looking at behavioral intelligence solutions to provide insights into their business and customers in order to make data-driven decisions and mitigate risks,” said Christian Barrera, Vice President, Alliances & Ecosystem, Unqork. “ForMotiv is a leader in the space and there are great synergies across our core financial services verticals. We have a huge opportunity to bring tremendous value to our customers by integrating ForMotiv’s technology with Unqork’s enterprise no-code platform.”
Andrew Schwabe, Founder/CTO of ForMotiv, added, “We have spent years developing a Behavioral Intelligence solution that collects and analyzes behavioral data at scale for the largest financial services institutions in the world. With Unqork as the leader in the no-code application space, there is no better partner to bring this proprietary data to their world-class customer base to help predict business outcomes and identify risk, fraud, and malicious behaviors.”
Unqork is the industry pioneer no-code enterprise application platform that helps large companies build, deploy, and manage complex applications without writing a single line of code. Organizations like Goldman Sachs, Liberty Mutual, the Cities of New York and Washington, DC and Maimonides Medical Center are using Unqork’s drag-and-drop interface to build enterprise applications faster, with higher quality, and lower costs than conventional approaches.
ForMotiv is the first Digital Behavioral Intelligence (DBI) platform on the market. Using advanced, explanation-based predictive behavioral analytics, ForMotiv gives organizations unprecedented levels of insight into their users, leading to increased conversions, better digital experiences, and reduced risk and fraud. ForMotiv’s patent-pending “Digital Polygraph” provides real-time analysis of user behavior, helping organizations predict user outcomes such as risk and fraud. By analyzing a user’s digital body language, such as their hesitancy, indecision or answer correcting, copy/paste actions, and thousands of other metrics collected as a user interacts with a form or application, ForMotiv calculates “Intent Scores” to help predict user outcomes. Departments from Marketing to Risk, Data Science to Fraud, and Underwriting to Digital Strategy are utilizing ForMotiv’s platform.