Digital innovation projects in financial services are extremely complex. It sounds self-explanatory, but it’s become part of the app development cycle. Many banks are hampered by a lack of resources, outdated and inflexible core systems, meaning roadmapping is more an exercise in need than aspiration. Innovation feels like a faraway dream when faced with a litany of compliance- and maintenance-related must-haves.
When an IT project gets moving, lack of expertise, resources, and time mean that many banks are faced with the choice of needing to see immediate (and often incomplete) results, or commit early to spending months, years, and untold amounts of money to get to the finish line.
These issues feel so baked into the IT of a financial institution that you plan around them and scale back your plans as a result. and felt that pain. It can often feel like you don’t have complete control of your projects and roadmap.
Instead of throwing your hands up in frustration, let me show you how low-code application development enables digital innovation in financial services and creates business value through solutions that deploy easier, faster, and cheaper, resulting in higher customer satisfaction.