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An update from Boardwalktech Software ( (TSE:BWLK) ) is now available.
Boardwalktech Software Corp. announced a significant expansion with a top 5 US bank through its Velocity product, resulting in increased annual recurring revenue and expanded professional services agreements. This expansion highlights the company’s capability to help banks address regulatory pressures by transforming Excel-based EUCs into IT-managed applications, thereby improving business processes and risk management. The success with their bank client is expected to open opportunities with other banks, solidifying Boardwalktech’s market position.
More about Boardwalktech Software
Boardwalktech Software Corp. is a leading company in the Intelligent Information Platform industry, offering a patented Digital Ledger Technology Platform used by Fortune 500 companies worldwide. The platform enables multiple parties to work on the same data simultaneously while maintaining data fidelity and provenance, focusing on transforming structured and unstructured data into collaborative and purpose-built applications.
YTD Price Performance: 5.71%
Average Trading Volume: 67,940
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.89M
For an in-depth examination of BWLK stock, go to TipRanks’ Stock Analysis page.
