Hexaware to help accelerate sales and
implementation of Boardwalktech's Velocity Platform
CUPERTINO,
Calif., Oct. 2, 2023 /CNW/ - (TSXV: BWLK) (OTCQB:
BWLKF) Boardwalktech Software Corp ("Boardwalktech" or the
"Company"), the leading Digital Ledger application platform and
enterprise software applications company, and Hexaware Technologies
Limited ("Hexaware") are pleased to announce that they have signed
a teaming agreement to drive deep value into the financial services
sector.
Hexaware, headquartered in Mumbai,
India, is a global technology and business process services
company with offices in 19 countries and over 27,000 employees.
Hexaware's mission is to empower enterprises to realize digital
transformation at scale and speed by helping them build, transform,
run, and optimize their technology and business processes.
Boardwalktech's Velocity platform, specifically developed for
banks and insurance companies, is designed to be delivered by IT
services and consulting partners who work with banks and insurance
companies to improve business process flow, collaboration,
reporting, and compliance for the thousands of End User Computing
applications that are pervasive within these industries.
Boardwalktech CEO Andy Duncan
commented, "We are very proud of our partnership with Hexaware who
is now empowered with a robust platform to meet the sizeable demand
created by regulatory changes that require financial institutions
and insurance companies to improve how they manage their data,
specifically their end user computing environments. The
Boardwalktech Platform and Velocity solution, combined with
Hexaware's global workforce and expertise, will allow Hexaware to
rapidly improve these data management processes for their large
enterprise clients, helping to deliver a strong ROI while meeting
the compliance requirements of various governmental agencies for
their clients."
Chinmoy Banerjee, Corporate
Vice-President & Global Head – Banking & Business
Process Services at Hexaware Technologies said, "Our collaboration
with Boardwalktech represents an exciting opportunity to redefine
the landscape of banking and insurance services. By harnessing the
power of Boardwalktech's Velocity platform alongside Hexaware's
expansive global reach, we envision a future where we not only
strengthen our solutions but also lead a profound digital
transformation within the banking and insurance sectors. This
partnership equips us to not only navigate the ever-evolving
regulatory environment but to proactively shape it. We are
committed to revolutionizing data management, driving efficiency,
and delivering transformative returns on investment for our
enterprise clients, all while setting new standards in compliance
and innovation. Hexaware has long-standing relationships with its
banking, financial services and insurance customers and we believe
this partnership has immense potential for growth for both our
organizations."
About Boardwalktech Software
Corp.
Boardwalktech has developed a patented Digital Ledger Technology
Platform currently used by Fortune 500 companies running
mission-critical applications worldwide. Boardwalktech's digital
ledger technology and its unique method of managing vast amounts of
structured and unstructured data is the only platform on the market
today where multiple parties can effectively work on the same data
simultaneously while preserving the fidelity and provenance of the
data. Boardwalktech can deliver collaborative, purpose-built
enterprise information management applications on any device or
user interface with full integration with enterprise systems of
record in a fraction of the time it takes other non-digital ledger
technology-based platforms. Boardwalktech is headquartered in
Cupertino, California with offices
in India and operations in
North America. For more
information on Boardwalktech, visit our website at
www.boardwalktech.com.
About Hexaware
Technologies:
Hexaware is a global technology and business process
services company. Our 27,000 Hexawarians wake up every day with a
singular purpose; to create smiles through great people and
technology. With this purpose gaining momentum, we are well on our
way to realizing our vision of being the most loved digital
transformation partner in the world. We also seek to protect the
planet and build a better tomorrow for our customers, employees,
partners, investors, and the communities in which we operate.
With 40+ offices in 19 countries, we empower enterprises
worldwide to realize digital transformation at scale and speed by
partnering with them to build, transform, run, and optimize their
technology and business processes.
Learn more about Hexaware at https://www.hexaware.com.
Forward-Looking Information and
Statements
This press release contains certain "forward-looking
information" within the meaning of applicable Canadian securities
legislation and may also contain statements that may constitute
"forward-looking statements" within the meaning of the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Such forward-looking information and statements are not
representative of historical facts or information or current
condition, but instead represent only the Company's beliefs
regarding future events, plans or objectives, many of which, by
their nature, are inherently uncertain and outside of the Company's
control. Generally, such forward-looking information or statements
can be identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or may contain statements that certain actions, events
or results "may", "could", "would", "might" or "will be taken",
"will continue", "will occur" or "will be achieved."
By identifying such information and statements in this manner,
the Company is alerting the reader that such information and
statements are subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
information and statements.
An investment in securities of the Company is speculative and
subject to several risks including, without limitation, the risks
discussed under the heading "Risk Factors" in the Company's filing
statement dated May 30, 2018.
Although the Company has attempted to identify important factors
that could cause actual results to differ materially from those
contained in the forward-looking information and forward-looking
statements, there may be other factors that cause results not to be
as anticipated, estimated or intended.
In connection with the forward-looking information and
forward-looking statements contained in this press release, the
Company has made certain assumptions. Although the Company believes
that the assumptions and factors used in preparing, and the
expectations contained in, the forward-looking information and
statements are reasonable, undue reliance should not be placed on
such information and statements, and no assurance or guarantee can
be given that such forward-looking information and statements will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information and
statements. The forward-looking information and forward-looking
statements contained in this press release are made as of the date
of this press release, and the Company does not undertake to update
any forward-looking information and/or forward-looking statements
that are contained or referenced herein, except in accordance with
applicable securities laws. All subsequent written and oral
forward-looking information and statements attributable to the
Company or persons acting on its behalf is expressly qualified in
its entirety by this notice.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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SOURCE BoardwalkTech