Ascendion Receives Ally Bank Innovation Award at 2024 Symposium

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Basking Ridge, N.J.

Key Highlights

Ascendion, the first to receive the inaugural award, recognized for excellence in delivering innovative technology solutions and positive outcomes with software engineering.

Ally’s Supplier Symposium enables relationships with minority-owned businesses.

    Ascendion, the first to receive the inaugural award, recognized for excellence in delivering innovative technology solutions and positive outcomes with software engineering.

    Ally’s Supplier Symposium enables relationships with minority-owned businesses.

CHARLOTTE, N.C., April 16, 2024 /PRNewswire/ – Ascendion, a leading provider of AI-first software engineering services, received the Supplier Diversity: Innovation Award from Ally, a digital financial services company with the nation’s largest all-digital bank (NYSE: ALLY). Ascendion was recognized for demonstrating excellence in delivering industry-leading innovative solutions, fostering a strong partnership, and driving positive outcomes through software engineering work for Ally.

The Innovation Award, given for the first time by Ally, is presented to the provider that best demonstrates excellence in industry-leading innovative solutions. Ascendion provides Ally a comprehensive suite of services, encompassing cloud enablement, application modernization, platform and data software engineering and advanced AI technologies.

“Ally’s recognition underscores our belief that success in the digital economy demands the best ideas,” said Karthik Krishnamurthy, CEO, Ascendion. “Ascendion is thrilled to work with Ally and bring our digital engineering expertise and perspectives to serve Ally’s customers and communities while demonstrating our strong commitment to building a workforce for the future.”

Ascendion was formally recognized during Ally’s Supplier Symposium. The Symposium strengthens relationships with businesses and encourages the creation of economic value, mobility, and an inclusive future for all of Ally’s partners.

“Ally is committed to advancing an inclusive and sustainable marketplace by creating and sustaining mutually beneficial partnerships with diverse suppliers,” said John Sack, Chief Procurement Officer, Ally. “Ascendion delivers creative solutions and diverse perspectives bolstered with a value engineering approach that is helping Ally achieve our business goals.”

About Ascendion

Ascendion is a leader in AI-powered software engineering, helping businesses innovate faster, smarter, and with greater impact. We partner with Global 2000 clients across North America, UK, Europe, and APAC to solve complex challenges in data, experience design, software product engineering, and workforce transformation. Powered by expert engineers, thousands of AI agents, and our Engineering to the Power of AI™ (Engineeringᴬᴵ) method, we deliver measurable outcomes that build trust, unlock value, and accelerate growth. Learn more at ascendion.com.

Engineering to the Power of AI™, AAVA™, Engineeringᴬᴵ Engineering to Elevate Life™, Enterprise Platformsᴬᴵ, Data & Insightsᴬᴵ, Experienceᴬᴵ, GCCᴬᴵ, Operationsᴬᴵ, Platform Engineeringᴬᴵ, Productᴬᴵ, and Quality Engineeringᴬᴵ are trademarks or service marks of Ascendion®. AAVA™ is pending registration. Unauthorized use is strictly prohibited.

About Ally Financial

Ally Financial Inc. (NYSE: ALLY) is a financial services company with the nation’s largest all-digital bank and an industry-leading auto financing business, driven by a mission to “Do It Right” and be a relentless ally for customers and communities. The company serves approximately 11 million customers through a full range of online banking services (including deposits, mortgage, and credit card products) and securities brokerage and investment advisory services. The company also includes a robust corporate finance business that offers capital for equity sponsors and middle-market companies, as well as auto financing and insurance offerings.

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About Ascendion

Ascendion is a leader in AI-powered software engineering, helping businesses innovate faster, smarter, and with greater impact. We partner with Global 2000 clients across North America, UK, Europe, and APAC to solve complex challenges in data, experience design, software product engineering, and workforce transformation. Powered by expert engineers, thousands of AI agents, and our Engineering to the Power of AI™ (Engineeringᴬᴵ) method, we deliver measurable outcomes that build trust, unlock value, and accelerate growth. Learn more at ascendion.com.

Engineering to the Power of AI™, AAVA™, Engineeringᴬᴵ Engineering to Elevate Life™, Enterprise Platformsᴬᴵ, Data & Insightsᴬᴵ, Experienceᴬᴵ, GCCᴬᴵ, Operationsᴬᴵ, Platform Engineeringᴬᴵ, Productᴬᴵ, and Quality Engineeringᴬᴵ are trademarks or service marks of Ascendion®. AAVA™ is pending registration. Unauthorized use is strictly prohibited.

About Ally Financial

Ally Financial Inc. (NYSE: ALLY) is a financial services company with the nation’s largest all-digital bank and an industry-leading auto financing business, driven by a mission to “Do It Right” and be a relentless ally for customers and communities. The company serves approximately 11 million customers through a full range of online banking services (including deposits, mortgage, and credit card products) and securities brokerage and investment advisory services. The company also includes a robust corporate finance business that offers capital for equity sponsors and middle-market companies, as well as auto financing and insurance offerings.

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