Boardwalktech's Innovative Software Solutions Gain Traction in Top US Banks Amid Regulatory Challenges
In the competitive landscape of banking and finance, companies must adapt quickly to ever-evolving regulatory standards and operational challenges. Boardwalktech Software Corp. has been making waves lately with its innovative Intelligent Information Platform. Following recent announcements, the Cupertino-based firm has established a strong foothold within a top 5 US bank, demonstrating its software's efficacy and scalability in addressing pressing industry demands.
Since January 2025, Boardwalktech has successfully expanded its engagement with this major financial institution. The achievement revolves around its flagship product, Velocity, which is known for facilitating the seamless migration and transformation of end-user computing applications (EUCs) that are predominantly managed through Microsoft Excel. This transition not only aids in compliance with stringent regulatory standards but also significantly enhances risk management capabilities across the organization.
One key aspect of Boardwalktech's approach is its ability to transform existing EUCs into robust, IT-controlled business applications. This innovative shift allows banks and insurance firms to deliver swift, compliant solutions while managing complex data sets efficiently. Notably, the company reported an impressive increase in its annual recurring revenue, projected to bring in over $300,000 more from this partnership—a noteworthy doubling of past performance levels.
The regulatory landscape for banks continues to intensify, placing substantial pressure on institutions to streamline their operations and minimize risks associated with outdated manual processes. Boardwalktech's Velocity product offers a refreshing solution, addressing the industry's historical reluctance to tackle EUC transformation due to its complexity and resource demands. By offering a method that speeds up delivery by a staggering fifteen times compared to traditional solutions, Boardwalktech positions itself as a front-runner in the sector.
Andrew T. Duncan, Boardwalktech's CEO, expressed confidence in the company's trajectory, citing the successful contract expansion as validation of their product's value. With over fifty dedicated employees and partners working on delivering the Velocity solution within this banking client, the company is poised to expand its influence in the financial sector. Moreover, the success seen here is catching the attention of other potential banking partners who recognize the documented advantages of adopting the Velocity solution.
What makes Boardwalktech particularly attractive to financial institutions is not just its technological prowess; its patented Digital Ledger Technology Platform is uniquely capable of handling vast amounts of both structured and unstructured data in real time. This feature allows multiple parties to collaboratively manage data without compromising its fidelity or lineage. As banks continue to seek efficient, scalable solutions to meet regulatory requirements, Boardwalktech stands ready to redefine industry standards through their innovative offerings.
In summary, as financial institutions grapple with the imperative to modernize and comply with evolving regulations, Boardwalktech's suite of solutions such as Velocity could play a crucial role in navigating these challenges. With its record of rapid deployment and operational excellence, the company is not just poised to maintain momentum within its existing partnerships but may also pave the way for broader adoption across other financial institutions seeking similar enhancements in performance and compliance.
Since January 2025, Boardwalktech has successfully expanded its engagement with this major financial institution. The achievement revolves around its flagship product, Velocity, which is known for facilitating the seamless migration and transformation of end-user computing applications (EUCs) that are predominantly managed through Microsoft Excel. This transition not only aids in compliance with stringent regulatory standards but also significantly enhances risk management capabilities across the organization.
One key aspect of Boardwalktech's approach is its ability to transform existing EUCs into robust, IT-controlled business applications. This innovative shift allows banks and insurance firms to deliver swift, compliant solutions while managing complex data sets efficiently. Notably, the company reported an impressive increase in its annual recurring revenue, projected to bring in over $300,000 more from this partnership—a noteworthy doubling of past performance levels.
The regulatory landscape for banks continues to intensify, placing substantial pressure on institutions to streamline their operations and minimize risks associated with outdated manual processes. Boardwalktech's Velocity product offers a refreshing solution, addressing the industry's historical reluctance to tackle EUC transformation due to its complexity and resource demands. By offering a method that speeds up delivery by a staggering fifteen times compared to traditional solutions, Boardwalktech positions itself as a front-runner in the sector.
Andrew T. Duncan, Boardwalktech's CEO, expressed confidence in the company's trajectory, citing the successful contract expansion as validation of their product's value. With over fifty dedicated employees and partners working on delivering the Velocity solution within this banking client, the company is poised to expand its influence in the financial sector. Moreover, the success seen here is catching the attention of other potential banking partners who recognize the documented advantages of adopting the Velocity solution.
What makes Boardwalktech particularly attractive to financial institutions is not just its technological prowess; its patented Digital Ledger Technology Platform is uniquely capable of handling vast amounts of both structured and unstructured data in real time. This feature allows multiple parties to collaboratively manage data without compromising its fidelity or lineage. As banks continue to seek efficient, scalable solutions to meet regulatory requirements, Boardwalktech stands ready to redefine industry standards through their innovative offerings.
In summary, as financial institutions grapple with the imperative to modernize and comply with evolving regulations, Boardwalktech's suite of solutions such as Velocity could play a crucial role in navigating these challenges. With its record of rapid deployment and operational excellence, the company is not just poised to maintain momentum within its existing partnerships but may also pave the way for broader adoption across other financial institutions seeking similar enhancements in performance and compliance.
Topics Financial Services & Investing）
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