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ForMotiv Expands Senior Leadership Team with New Chief Technology Officer

behavioral intelligence

bill hazard formotiv cto

Welcome, Bill! 

ForMotiv, a leading Behavioral Intelligence solution, is proud to announce the arrival of our new Chief Technology Officer, Bill Hazard. As we continue executing on our goal of being the leader in behavioral intelligence for enterprises all over the world, we’re excited to bring a seasoned technology veteran to help lead us into the next phase of our product roadmap. 

“We’re at a pivotal point in our business where it’s critical we add leaders with experience in scaling and growing world-class technology solutions,” says Bill Conners, President at ForMotiv. “We could not be more excited to add Bill to the fold to help take the company to the next level.”

Bill Hazard brings 30+ years of experience growing product and technology teams at Honest Buildings, WorkWave, Infragistics, Wireless Generation, Register.com, and others and will leverage his experience to help us build on the technological innovation and traction we’ve demonstrated thus far. Bill will be an instrumental part of the organization as we continue adding marquee customers to our budding list of clients. 

“When we crossed the first of many company milestones, this time hitting 10mm in applications processed per month, we knew it was time to bring in world-class talent and expertise to help our rapidly growing global team. The traction we’ve seen since going to market a little over two years ago has been incredible and the opportunity ahead of us is even bigger than we imagined. We wanted to find someone with the experience and temperament to propel us forward and after my first conversation with Bill, I knew he was the right fit.” – Andrew Schwabe, Founder, Chief Science Officer.

As COVID continues accelerating the pace of digital transformation efforts across virtually every industry, financial services companies have leaned on ForMotiv’s expertise and innovative approach to behavioral analytics to adapt to this new digital-first environment. ForMotiv invented a light-weight solution to collect digital behavioral data while users fill out applications. We then translate that “digital body language” into “Intent Data” real-time to increase conversions and enhance underwriting precision while helping to expand opportunities for straight-through processing. 

“I have worked in software product companies most of my career and ForMotiv brings all of the elements needed for success together in one company — a great team, an amazing idea, and the right timing. They have already built an enterprise product that solves many real and significant business problems – calling the applications for their behavior-as-a-service product “vast” would be an understatement and we’re really only scratching the surface of its potential. I’m excited to be working with this team as we build on their success.”

We couldn’t be happier with this hire and we’re looking forward to seeing Bill’s impact on the business. 

 

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