India-based NIIT Technologies, an IT services organization, has selected Black Watch Data, a provider of expert methodologies and technologies in data governance and data management, as its strategic partner for NIIT Technologies’ banking industry division and business intelligence practice.
“This partnership brings innovative business solutions, which address data governance, data sustainability and data management for our clients,” said Ravi Nimmagadda, senior vice president of NIIT Technologies. “Black Watch Data’s award winning solutions will help meet the needs of today’s banking and financial services industry.”
Lalit Dhingra, president of NIIT Technologies, said, “We are delighted to work with Black Watch Data, and believe our partnership will also help to bring standardized solutions to other industry verticals.”
“We are excited to partner with NIIT Technologies, given their position as a leading IT services provider in the banking and finance service industry,” said Steve Strout, CEO of Black Watch. “We are proud that they selected our patent-pending methodologies and technologies to bring to market and look forward to working together.”
Under the terms of the agreement, NIIT technologies will have the ability to resell and customize Black Watch Data’s suite of Armour products and services, as well as to bundle them into NIIT Technologies’ current industry specific products. The partnership will help clients the ability to achieve reference data management with better governance, measure and baseline data quality and sustainability, prepare for big data opportunities and improve their ability to meet multiple compliance requirements around the world, the company said.