The low-code platform can be used to build a powerful transaction monitoring application. This allowed the client to build the application without the need for specialized coding skills. This saved the client time and money, and it also allowed them to be more agile in responding to changes in the market. The application is able to monitor a large volume of transactions, and it can identify suspicious behavior that could indicate money laundering or other financial crime. This helps the client to comply with regulations and to protect their customers from fraud.
The case study also highlights the benefits of using a low-code platform for transaction monitoring. Low-code platforms are:
- Faster to develop: Low-code platforms can help businesses build applications much faster than traditional development methods.
- Lower cost: Low-code platforms can help businesses reduce the cost of development by eliminating the need for expensive developers.
- Increased agility: Low-code platforms can help businesses respond more quickly to changes in the market.
If you are looking for a way to build a transaction monitoring application, we would recommend considering a low-code platform.