At KPMG, we see low-code as the future of application development and automation.
Low-code platforms can dramatically speed creation of sophisticated enterprise-class applications that incorporate complex business logic, automate workflow and case management activities, integrate with existing information systems, and enable a slick user experience.
Low-code automates basic processes and allows employees with varied levels of experience to quickly develop scalable business applications. Low-code can expand or enhance the functionality of existing information systems as they are shifted to a cloud-computing environment. And they can supplement or even replace existing legacy applications in the back office.
Recognition of KPMG's capabilities and innovation by leading analyst firms
How KPMG low-code is helping clients
Launching a digital bank
Launching a new service
Challenge: client entering entirely new business and needed an end-to-end build of all business and technical lending capabilities
Why low-code: most flexible and fastest path to build onboarding, servicing, collections, and complaint tracking applications for the bank
Outcomes: rapid launch on new business, increased customer onboarding cycle time & loan processing times and reduced complaint resolution times
Modernizing legacy apps
Transforming an outdated tech landscape
Challenge: limited collaboration between workgroups, manual processes, disconnected systems and point solutions
Why low-code: 15+ applications built to modernize / replace legacy apps across regulatory, finance, supply chain and product management
Outcomes: Integrated applications, global collaboration, process visibility and significant reduction in product launch time
New product launch
New product launch
Challenge: launching new / changing funds involve a complex processes, collaboration, system integrations, and real-time data visibility and reporting
Why low-code: most agile approach to consolidate 500+ data fields, process global product/term sheets, manage workflows/tasks & approvals for 100s of users
Outcomes: improved time to market, increased data accuracy, eliminated duplication of data entry, reduced complaint resolution times, self-admin capabilities
By using best-in-class technologies and applying a digital lens in all that we do, KPMG is helping leading organizations advance to a connected future where low-code platforms— powered by the adoption and convergence of emerging technologies, will unify front-, middle- and back-office functions.
Five leading practices for low-code success
To help ensure that your organization gets the most from low-code development platforms, KPMG recommends adopting the following leading practices:
1. Refine your enterprise architecture strategy to define how you will use
2. Employ a fail fast, test-and-learn mentality.
3. Employ or contract with experienced developers for complex application development.
4. Don’t blindly assume that low-code platforms will always be the best, or even the fastest, solution.
5. Build a center of excellence.