BOARDWALKTECH EXPANDS AND EXTENDS CONTRACT WITH GLOBAL SERVICES FIRM SERVICING TOP-FIVE U.S. BANK

Executive Summary

• Boardwalktech Software Corp. announced an expansion and extension of its contract with a leading global IT services firm to support a top‑five U.S. bank.
• The expanded engagement is valued at over US $250,000 for 2026, with upside potential as additional processes are migrated to the Velocity™ platform.
• The deal underscores growing demand from large financial institutions for Boardwalktech’s AI‑enabled digital ledger and compliance solutions.

Key Details

• Expansion covers broader deployment of the Velocity™ platform across multiple business units of the bank, enhancing governance, risk, and compliance controls for thousands of Excel‑based workflows.
• Contract value: > US$250,000 for 2026; opportunity to increase as more processes are automated.
• The partnership has been in place since 2024; this extension reflects successful joint delivery by Boardwalktech and the global IT services firm.
• Velocity platform provides full traceability, auditability, and regulatory alignment for U.S. financial institutions, reducing operational risk while preserving user flexibility.
• CEO Andrew T. Duncan highlighted the expansion as “a strong marketplace validation of our platform” and a catalyst for further revenue growth in the financial services sector.

Notable Quotes

“Velocity allows banks to modernize those workflows quickly and cost‑effectively, without disrupting the business, while delivering the compliance, transparency, and scalability regulators expect.” – Andrew T. Duncan, CEO, Boardwalktech Software Corp.