Transforming Financial Services through the Integration of Low-Code BPM Tools

The research analyses the use of low-code BPM technologies in the financial industry, encompassing benefits, challenges, and best practices. The technologies improve operational efficiency, reduce costs and automate workflow optimization. Integration with existing legacy systems, security concerns, and acceptance by the users are the primary challenges. Best practices such as extensive training, stakeholder involvement, and harmonious integration between the systems are suggested in the research for the successful implementation. The prospects of financial low-code BPM technologies in the future involve AI integration improvements, security, and user interface enhancement to hasten the acceptance and development of the technology in the financial market.