.avif)
.avif)
FintechOS bridges the gap between legacy and modern technology, allowing businesses, particularly in the insurance industry, to transition from outdated BPMN software to a flexible no-code solution that fosters innovation, speed, and customization.
.avif)
Insurance companies often operate with traditional BPMN software, which limits flexibility and requires long development cycles.
The goal is to transition from these rigid systems to no-code applications that allow for quick adjustments to business needs without relying heavily on developers.
.avif)
Insurance companies often face pressure to digitalize internal processes quickly and affordably.
Legacy solutions like SAP and Oracle require expensive licensing and long timelines for implementation, making them impractical for businesses looking to adapt quickly in a competitive market.
.avif)
Each insurance company has its own set of products that are highly customized to their needs.
The challenge lies in adapting a solution that can handle these unique products without forcing businesses to adjust their internal processes to fit generic, one-size-fits-all industry solutions.
Insurance is heavily regulated, with compliance requirements that vary by region and legal framework.
Companies face strict reporting standards and audit processes, which can be cumbersome when using outdated systems that lack flexibility in handling these needs.
Insurance products need constant adjustments based on changing market strategies. Legacy systems make this process cumbersome, leading to slow adaptations and difficulty in keeping up with evolving demands.
Traditionally, insurance companies relied on experienced developers who took a long time to get up to speed. There was a steep learning curve, and it was challenging to quickly onboard new talent in a fast-paced, ever-evolving environment.
FintechOS allows for quick and flexible digital transformation. Traditional solutions required months for updates and incurred hefty license fees (over €1 million). With FintechOS, businesses can implement flexible teams that can support changes within weeks, significantly reducing costs and implementation time.
FintechOS’ no-code platform empowers businesses to rapidly adapt to internal and external changes without requiring specialized technical knowledge. This has led to the ability to train new developers in just one month compared to the six months it would have taken previously.
.avif)
The key to successfully implementing FintechOS lies in addressing the gap between business and technical teams. By providing clear communication and understanding of business requirements, changes can be made more rapidly.
A structured system for prioritizing and integrating new business requirements into the development backlog is essential. This ensures that the most urgent changes are addressed quickly, without losing sight of long-term goals.
Analyzing user behavior helps align development efforts with actual usage patterns, ensuring that the product evolves in a way that best serves the needs of the end-users.
Including back office teams and stakeholders, such as marketing and shareholders, in the process ensures alignment and that all departments are ready to adopt and use the newly implemented features.
By introducing a clear roadmap and prioritization methodology, FintechOS enables businesses to deliver new features faster without compromising on quality.
With the implementation of FintechOS, the company saw a reduction in development costs and a significant increase in release frequency—from one release every three months to two releases per month, without expanding the development team.
