LTIMindtree, a renowned global technology consulting and digital solutions company, has entered into a significant Teaming Agreement with Boardwalktech Software Corp, a leader in Digital Ledger technology. This partnership is centered on implementing Boardwalktech’s Velocity software solution, set to redefine the migration of end-user computing applications (EUCs) to compliant IT-controlled environments, benefiting banks and insurance companies.

Synergizing Expertise for Advanced Solutions

The collaboration blends LTIMindtree’s extensive experience in core modernization, migration tools, and accelerators with Boardwalktech’s state-of-the-art Digital Ledger-based low-code application platform. This initiative aims to transform the way Excel-based EUCs are migrated to IT-controlled and managed business applications. Velocity’s advanced solution offers a unique approach to achieving regulatory and compliance objectives efficiently, enhancing data management and business processes for banks and insurance clients.

Transforming Compliance and Risk Management

Facing increasing regulatory pressure, banks and insurers urgently need to address risks associated with end-user computing applications. The joint effort by LTIMindtree and Boardwalktech offers a solution that promises to exceed the previous capabilities in time and cost efficiencies, effectively managing these risks. The integration of LTIMindtree’s comprehensive cloud migration framework with Boardwalktech’s Velocity enables clients to experience a significant edge in transformational growth and predictable outcomes.

Pioneering in the Financial Services Industry

Andrew T. Duncan, CEO of Boardwalktech, praised the collaboration: “Our partnership with LTIMindtree at a major US bank has optimized the transformation of End User Computing systems, leading to swift compliance, effective risk management, and robust data governance.” The solution stands out in terms of efficiency, minimal disruption, and ROI, making it indispensable in the financial services sector.

The alliance between LTIMindtree and Boardwalktech represents a pivotal step in addressing the intricate challenges of regulatory compliance and digital transformation in the banking and insurance industries. This innovative solution is expected to set new benchmarks for managing end-user computing applications, marking a transformative era in these sectors.

  Andrew T. Duncan, Boardwalktech Software, cloud migration, digital transformation, LTIMindtree