Case Study: Leading Banking Solutions Company accelerates development and modernizes its digital experience with WaveMaker

Accelerating development across the board with a low-code strategy

Our client is an Asia-based ISV and a global banking solution leader — a wholly owned subsidiary of India’s second-largest IT services firm — known for a universal banking platform used by banks in over 100 countries and repeatedly recognized in Forrester Wave™. Their digital engagement layer sat atop a robust but aging monolithic C/C++ core and, despite RESTful APIs, struggled to deliver fast, omnichannel, cloud-native experiences amid skill shortages, technical debt, rising costs and intense fintech competition.

They adopted WaveMaker low-code and a component-based, composable approach, building prefabs (bundled UI+backend components) to replace legacy pieces iteratively. With WaveMaker Professional Services support they rapidly modernized Online and Mobile Banking, Admin, Cash Management, PFM and more, established a WaveMaker CoE, broadened developer adoption (IT and citizen devs), and enabled faster, flexible deployments — prompting wider use across the organization and consideration for new ALM and Wealth Management apps.