Reston, Va.-based Pragmatics announced Dec. 30, 2014, the company has been awarded three multi-year task orders by a U.S. financial regulatory entity, with a total value of more than $43 million if all options are exercised.
“Pragmatics has partnered with financial regulatory agencies for over 20 years to deliver innovative solutions that provide examiners with the tools they need to assess and manage risk within the national banking system,” Pragmatics COO Joe Brock said. “These recent awards will enable our client to introduce new capabilities and reduce the costs associated with maintaining current systems. This award represents a significant expansion of Pragmatics’ work with a longstanding client. We are proud to assist them in completing their critical objectives.”
Pragmatics will employ its Pragmatic Agility methodology, which combines the discipline of CMMI® Level 5 processes with the flexibility of agile development, to design, develop, enhance and maintain a portfolio of examination, supervisory, assessment and reporting applications.