Blitzy Partners with Galatea Associates to Deliver AI-Native Development for Financial Services

Strategic Alliance Combines AI-Native Autonomous Software Development Platform with Deep Investment Banking Expertise

CAMBRIDGE, Mass., June 16, 2025 /PRNewswire/ -- Blitzy, the enterprise-scale AI platform that autonomously builds, refactors, and extends complex codebases, today announced a strategic partnership with Galatea Associates, a specialized financial services technology consulting firm that combines deep functional expertise with hands-on engineering capability to deliver high-impact solutions for the largest financial institutions in the world.

About the Partnership

This strategic alliance creates a powerful synergy: Galatea Associates' deep domain expertise in financial services paired with Blitzy's revolutionary AI-powered autonomous software development platform. Galatea serves as both customer and implementation partner, bringing proven financial services methodology to Blitzy's autonomous development capabilities.

The partnership delivers a comprehensive solution that combines Blitzy's ability to handle massive, complex codebases with Galatea's deep domain expertise. Together, they enable financial services organizations to modernize legacy systems, build sophisticated platforms, and deploy enterprise-grade solutions in weeks rather than years—all while maintaining the regulatory compliance and security standards the industry demands.

The Financial Services Modernization Crisis

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 stakes couldn't be higher: institutions struggle with fragmented systems that resist integration, while critical applications—from microsecond-level trading platforms processing trillions daily to real-time payment rails and risk management systems—cannot access the benefits of generative AI in their current state.

Meanwhile, traditional development approaches are fraught with inherent bottlenecks that can take months or years to resolve, proving inadequate for the scale and complexity of financial services modernization. This leaves institutions caught between the need to innovate rapidly and the operational risk that typically accompanies large-scale software changes.

A Purpose-Built Solution for Financial Services

This strategic partnership directly addresses these challenges. Blitzy brings the technical capability to process codebases exceeding 100 million lines with full contextual understanding, enabling AI-enabled refactoring of legacy systems, mainframe applications, and proprietary trading platforms while maintaining business logic integrity and ensuring zero operational disruption.

Galatea Associates delivers specialized expertise across the financial services landscape—from advanced securities financing and collateral optimization solutions that unlock millions in additional revenue, to global payment systems and credit card platforms that process trillions of dollars, to the modernization of asset and wealth management platforms designed to meet evolving institutional and consumer demands. This combination of autonomous development power and deep financial domain knowledge creates capabilities that traditional technology consulting firms cannot match.

Built on SOC 2 certified infrastructure, the platform provides complete transparency and audit trails that financial regulators demand. Blitzy's System 2 AI architecture thinks, plans, and validates before generating code—ensuring enterprise-quality output that meets the performance and reliability standards critical to financial operations. The platform automatically generates comprehensive system-level technical design documentation, ensuring that complex financial architectures are fully documented and maintainable—a critical requirement for regulatory compliance and knowledge transfer in financial institutions. Air-gapped enterprise deployments ensure complete data isolation and regulatory compliance for the most sensitive financial workloads.

The platform can tackle critical security vulnerabilities by ingesting CVE reports and executing autonomous development to remediate identified threats. This capability enables financial institutions to rapidly address security concerns across their massive codebases without the traditional bottlenecks of manual vulnerability assessment and remediation.

Beyond security remediation, the platform autonomously generates comprehensive code-level and module-level documentation within existing repositories, immediately improving the effectiveness of development teams using coding co-pilots and providing day-one productivity gains for financial institutions transitioning to AI-assisted development workflows.

Proven Results with Risk-Mitigated Evaluation

The partnership delivers measurable outcomes through a structured Proof of Concept process designed specifically for risk-averse financial institutions. The evaluation begins with platform demonstration, then advances to a mutually agreed upon development project that serves as the baseline for comparison.

The commitment is absolute: if Blitzy fails to demonstrate 5x faster development velocity compared to traditional approaches, the engagement does not proceed. This accountability ensures institutions only move forward after witnessing tangible results within their own development environment.

Early results demonstrate the platform's capabilities:

• 5x faster development velocity,delivering 80%+ of the required work autonomously
• Zero operational disruption during critical system modernizations
• Enterprise-grade validation with built-in quality assurance that removes circular dependencies and pre-compiles code
• Massive scale processing generating up to 3 million lines of production-ready code per run

The platform achieves these results by delivering 80% of development work autonomously while providing detailed guidance for the remaining 20%, ensuring human developers can efficiently complete projects with clear direction and validated foundations. This approach combines the speed of autonomous development with human-in-the-loop oversight and customization that financial institutions require.

Immediate Next Steps for Financial Services Leaders

For enterprises ready to explore autonomous development:

1. Schedule a Technical Demo – See demonstrations of autonomous refactoring on systems similar to your environment
2. Architecture Assessment – Identify high-impact modernization opportunities within your current technology stack
3. Risk-Free POC Evaluation – Commit to structured evaluation to demonstrate results on your actual development challenges

The combination of Blitzy's autonomous development platform with Galatea's functional and technical expertise offers financial institutions a unique opportunity to modernize critical systems while preserving operational reliability. With the skills shortage accelerating and digital transformation demands intensifying, the question isn't whether to modernize—it's whether to do so with proven autonomous capabilities or continue struggling with traditional approaches that cannot keep pace with financial services complexity.

About Blitzy

Blitzy is the world's first AI-native autonomous software development platform designed for enterprise-scale applications. Built on a System 2 AI architecture that thinks, plans, and validates before generating code, Blitzy uses thousands of purpose-built AI agents working cooperatively to process unlimited code context and generate up to 3 million lines of production-ready code per run. Founded by former NVIDIA architect Sid Pardeshi (25+ patents, Master Inventor award) and serial entrepreneur Brian Elliott (West Point graduate, former Army Ranger), Blitzy serves Fortune 500 companies requiring the highest standards of security, compliance, and operational excellence.

For more information, visit blitzy.com.

About Galatea Associates

Galatea Associates is a specialized technology consulting firm with 25 years of experience partnering with leading enterprises across the financial services industry. The firm's expertise spans institutional investing, payment processing, asset management, wealth management, commercial banking, and credit and financing. Galatea architects and builds mission-critical software solutions that address complex operational, regulatory, and data challenges at enterprise scale.

Galatea's client engagements are grounded in deep domain knowledge, enterprise software engineering experience, proprietary modeling techniques, and agile delivery practices—enabling the world's largest financial institutions to improve operational resilience, unlock efficiencies, and accelerate innovation.

For more information about Galatea Associates, visit galatea-associates.com.

Media Contact(s): 

Blitzy: Brian Elliott, [email protected]

Galatea: Raj Basu, [email protected]

SOURCE Blitzy