FlowX.AI, the low-code/no-code platform that offers digital solutions to businesses, announced that it is joining IBM’s Cloud for Financial Services (NYSE: IBM), which is designed to address the risks in the digital supply chain through a common set of security controls that are adhered to by the entire ecosystem.
“The banking industry alone spends over $200 billion per year on technology and 85% of it goes to infrastructure maintenance and regulatory updates. Enterprise organizations are often deeply frustrated with the speed, cost, and reliability of digital developments. With FlowX.AI we address a massively painful and costly problem not only in Financial Services, but in the business environment in general: legacy implementations are holding companies back from building digital experiences or new digital business models that customers are expecting. Partnering with IBM Cloud for Financial Services will help us accelerate in bringing our offering to the global market” said Ioan Iacob, the CEO and co-founder of FlowX.AI.
More specifically, FlowX.AI will work with IBM Cloud for Financial Services to support partners in accelerating their interactions with financial services institutions.