Blitzy, an enterprise-scale AI platform, has announced a strategic partnership with Galatea Associates, a financial services technology consulting firm.
The collaboration will combine Blitzy’s AI-native autonomous software development capabilities with Galatea’s deep investment banking expertise.
It aims to transform the financial sector by modernising legacy systems and deploying enterprise-grade solutions efficiently.
The partnership will leverage Blitzy’s ability to manage complex codebases and Galatea’s domain expertise to offer comprehensive solutions for financial institutions.
The collaboration addresses the critical need for AI-ready digital transformation, allowing organisations to modernise systems and maintain regulatory compliance without disruption.
Blitzy said: “Financial institutions face a critical technology paradox that’s reaching a breaking point. They operate decades-old legacy systems, including COBOL, Assembly, and PL/I, representing billions of lines of accumulated business logic—critical systems that are expensive to maintain and not ready for AI solutions.
“This challenge is intensified by an accelerating skills shortage as legacy programmers retire and the urgent need for AI-ready digital transformation, all while processing trillions of dollars in daily transactions that cannot tolerate disruption.”
The partnership aims to overcome the financial institutions’ challenges by refactoring legacy systems and integrating AI solutions, addressing the skills shortage.
Blitzy’s platform processes codebases exceeding 100 million lines, enabling AI-enabled refactoring while preserving business logic integrity and ensuring zero operational disruption.
The platform’s SOC2-certified infrastructure ensures transparency and audit trails, meeting regulatory demands.
Blitzy’s platform autonomously remediates threats, improving development team effectiveness and providing productivity gains for institutions transitioning to AI workflows.
The partnership’s structured Proof of Concept process ensures accountability, with a commitment to deliver 5x faster development velocity compared to traditional methods.
Early results highlight the platform’s effectiveness, achieving 5x faster development, zero operational disruption, and generating up to three million lines of production-ready code per run.
By delivering 80% of work autonomously and guiding human developers for the remaining 20%, the partnership combines speed, oversight and customisation for financial institutions.
