Low-code is rapidly becoming the engine driving these initiatives in financial services. Digital transformation, process automation, business agility, and improved customer journeys are all low-code strengths. A recent survey from Mendix explored how firms use low-code and where they see opportunities and concerns. Key outcomes include:
Low-code offers untapped value to organizations, even those already using it.
Low-code is meeting and often exceeding expectations, providing tangible business value.
Critical needs like cloudifying, modernizing, replatforming, and integrating client journeys are ideal use cases for low-code.
Digitalization gives us the ability to deliver a Digital Twin for experimentation and trials without consuming resources. We provide a holistic Digital Twin combining product, plant, production, and process to aggregate data and enable collaboration...
Before 2020, digital transformation was on the roadmap for most insurance organizations, and some projects even had funding and priority. However, in many cases, compliance projects and urgent needs consumed development budgets and left digital...
Low-code is a well-established technology that is already being used by several industries including manufacturing, finance, insurance, retail, and public sector. Its popularity means people hear many different things about low-code that they may...
Today, companies struggle to keep pace with the growing demand for new software solutions to meet the rapidly changing needs of their business. IT is under tremendous pressure to develop differentiating applications to attract and retain customers,...
Consumers’ steps to get a mortgage might look the same as they have for decades, but the COVID pandemic and market disruptors are forcing lenders to look at how they enable the digital mortgage origination customer journey. For most people,...