Mendix Supplies Rabobank with Low-Code Development Platform
Mendix, a Siemens business, today announced that it has supplied Rabobank, an international cooperative bank headquartered in the Netherlands, with its low-code platform to build a new online-only banking portal called RaboDirect. The portal manages customer-facing and back-office transactions for Belgium- and German-based customers. By providing the low-code platform to create the RaboDirect portal, Mendix has helped to reduce IT costs by 50% and attributed to delivering an improved digital customer experience.
“Across the financial industry, system updates required by regulatory compliance are often prioritized before improving the customer experience,” says Bram Voogel, Customer Success Director at Mendix. “For any bank operating in this market it’s a competitive advantage to be able to prioritize customer attraction and retention with new online capabilities for its products. Mendix’s low-code platform turned out to be the perfect fit to help achieve this objective.”
Mendix’s low-code platform was used to rebuild the bank’s online channel, enabling the IT division to weekly release cycles. With its drag and drop functionality, IT coding professionals are able to collaborate with small teams of nontechnical business developers, enabling collaboration and aligning business objectives with customer needs.
“It’s a significant milestone that the division’s IT department is able to work in short sprints in the application development process. It was rewarding to see developers and business professionals working very closely together with the Mendix platform to create satisfying products for Rabobank’s customers in Germany and Belgium,” adds Hans de Visser, vice president of product management at Mendix.
Mendix’s collaborative approach enabled business experts and professional coders to quickly scale application development. Seeing big savings and fast results from empowered, energized teamwork at Rabobank is a clear demonstration of what the term ‘digital transformation’ means in practice and how Mendix can attribute to this.
The Mendix platform is built to promote intense collaboration between business and IT teams, and dramatically accelerate application development cycles, while maintaining the highest standards of security, quality, and governance — in short, to help enterprises confidently leap into their digital futures. Mendix’s ‘Go Make It’ platform has been adopted by more than 4,000 leading companies around the world.
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