Delivering High-Quality Financial Services Applications at Scale

Reliable, effective software development and maintenance can be competitive differentiators within the Financial Services industry. With better software, organizations scale faster, hasten time to market, and grow operations. However, between 24x7 operations and geographically dispersed IT teams, quickly delivering user-friendly, high-quality applications can feel like an uphill battle.

Artificial intelligence and analytics can transform software development processes. Organizations can field user-friendly applications that deliver more business value, transform customer and employee engagement, and leverage data across business systems for smarter decision-making.

According to McKinsey, “The next generation of software development involves tooling that aids in the development of software applications, improving processes and software quality across each stage of the software development life cycle, including AI-enabled development and testing, as well as low-code/no-code tools.”

This paper explores the emerging role of cloud-based development tools within Financial Services. With a cloud-first strategy, organizations can improve visibility and simplicity in software development, reducing costs while increasing coordination, innovation, and speed to market.