Reports indicate that the requirement and demand for Application development will be growing as fast as 5 times the actual capacity of IT firms across the global to deliver throughout 2021-22.

Today's financial landscape is dynamic, and it requires speed and agility that conventional approaches fail to deliver. There's a rising, more promising approach that can equip banks and financial institutions with the tools needed to evolve rapidly and offer the agility to scale up as required.

The low-code approach makes it easy to build applications faster, is extremely simple as opposed to traditional development and provides the flexibility needed to transform business operations. From integrating multiple systems to optimizing processes, to automating repetitive tasks, low-code development has the potential to bring in a higher degree of operational efficiency and generate a good ROI in the long run.

One real-world example of a wealth management company in Africa shows how leveraging low-code for digital transformation managed to double their transactions and cut down errors by 70%

This whitepaper delves into how low-code development is driving speed and agility in Banking and Financial Services sector and why it's being hailed as the future.

Explore these key insights in the full whitepaper available here.