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Abanking: RBS service based on no-code platform

Product
Developers: Abanking (Acommers)
Date of the premiere of the system: 2024/10/23
Branches: Financial Services, Investments and Auditing
Technology: Remote Banking Systems

2024: RBS Submission

Abanking on October 23, 2024 presented the RBS, created using nocode technologies. The service allows banks to create applications for customers without involving developers. Nocode technologies in the product will speed up the assembly of RBS by 70% and help banks without inhouse development to equalize the chances of technological competition.

Nocode is a way to build IT products without writing code using dedicated platforms. Gartner experts suggest that by 2025, 70% new applications will be created using nocode technologies, and the nocode market in Russia will grow from 30 billion to almost 95 billion rubles by 2030.

The solution will allow banks to independently modify and develop the RBS system without traditional development. According to the developer's calculations, nocode technologies will help speed up the stages of production and assembly of RBS by 70%. Bank analysts can implement and scale the platform: all RBS components are placed in the graphical nocode interface. The platform also allows the bank to assemble personalized interfaces for different categories of customers, for example, children's or private banking.

The first product installations have already been carried out in, and Turkmenistan Kyrgyzstan a number. countries Africa

{{quote 'For us, projects abroad turned out to be an excellent opportunity to debug the transfer of our RBS competencies to full-fledged nocode mechanics and to test the concept of platform implementation in different integration landscapes, languages, and different product content, - said Nikolai Adeev, Board No. 1 Abanking. }}

{{quote "We have seen a big response from the entire banking community, confirming that nocode is a fintech trend. As of October 2024, 54% of such technologies are used precisely in the fintech sector and IT, solving a large number of problems - from creating RBS to HR systems and product pipelines, - said Tatyana Sidorenko, chief expert on working with technological partners Sk Fintech Hub. }}

According to the vendor, the technology will allow medium and small banks to increase the level of digitalization without attracting developer resources.

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Nocode will help equalize the chances in technological competition for those banks that want to develop, but cannot afford large inhouse development teams. The solution itself will cope with the tasks set after implementation and initial configuration. But in order to remain at a high technological level, tuned to the nocode of RBS, like any other technological platform, you need to regularly develop, - said Nikolai Adeev, Board No. 1 Abanking.
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