What are some case studies of low-code applications in finance?
Low-code platforms have transformed finance by enabling rapid application development. For instance, a major bank used low-code to streamline loan processing, reducing approval time by 50%.
Can you give me another example?
Sure! A fintech startup utilized low-code to create a budgeting app, allowing users to track expenses in real-time, which increased user engagement by 30%.
What benefits did these companies see from using low-code?
Companies experienced faster deployment times, reduced development costs, and improved collaboration between IT and business teams.
Are there any risks associated with low-code development?
Yes, potential risks include security vulnerabilities, lack of control over the code, and dependency on the low-code platform provider.
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