Ecosystem Industry Sector Series
TOPIC: Low Code Impact on Application Development and Financial Institutions
Marina Matos is Head of Product Owners and Business Analysts in America and a member of the Application
Development Team at Genesis Global. Prior to joining Genesis Global, Marina worked in investment banking as an
Operations Associate Director at BTG Pactual and as a Business Manager at XP Investments.
Her experience spans operational optimization, project and business management and trade support.
Marina holds a bachelor’s degree in Economics from Pontifical Catholic University of Sao Paulo and certificates in
Investment Banking from NYU. She was born in Brazil and has been living in the US for the past 11 years.
“It is never too late or too early to start a career in Fintech. Whether one is an experienced professional or just in the beginning of a career, there is opportunity to get involved with designing innovative, new solutions. For those looking to start a career in Fintech I would advise to be open minded, get to know the many layers of the industry and identify which of your skills can add value..”
Marina Matos, Head of Product Owners and Business Analysts - Americas, Genesis Global
HOW DID YOU BECOME ENGAGED WITH FINTECH?
I have worked in the banking industry for most of my career on both sell and buy sides. At both banks, working with broker-dealers and asset managers, I found myself dealing with technology and operations challenges such as lack of business’s scalability, processes’ consistency and risk mitigation that ultimately affected or even prevented business’ growth. In pursuit of solutions to these problems, I started engaging with Fintech and upon realising the opportunity that the right technologies have to transform financial markets, I was motivated to apply my experience in a Fintech environment.WHAT IS IT ABOUT THE FINTECH INDUSTRY THAT INSPIRES YOU?
Day to day, it is motivating to work with people who love applying technology to long-standing business challenges.
What inspires me most, however, is the recognition that great FinTech is an enabler of people in the Finance
industry. The end-to-end process of understanding a challenge, designing a solution, seeing it become real and
positively affecting business performance is very rewarding. Moreover, when we deploy a solution that saves time
and effort, it frees people from manual tasks and positions them to do more creative or value-added work.
Low Code Impact on Application Development and Financial Institutions
How does a low code platform impact application development?
A low code platform supercharges developers by giving them a platform that eliminates repetitive, non-
differentiating pipe work core to most financial industry applications. By using pre-building components that can be
assembled like building blocks developers can focus on doing innovative work and still deliver more applications at
speed and scale. This approach significantly reduces the hard work and repetitive coding that goes into application
development.How does it benefit Financial Institutions?
A low code platform purpose-built for financial services and capital markets helps financial Institutions to createnand maintain competitive advantage by making it faster and easier for them to build new software applications, enhance legacy systems, replace software workarounds and spreadsheets. In other words, low code gives the industry the ability to respond to these challenges and innovate at speed and scale. What is the future of low code and how does it help institutions innovate?
Innovation is crucial to the continuing success of any organisation and a low code platform plays a key role by enabling developers to optimise time and effort. It naturally reduces complexity and adds efficiency when adapting to best practices, starting a new line of business, being compliant with regulators, upgrading legacy systems, etc. The reality of the finance industry is that it is constantly in need to change and adapt therefore it would be very reasonable to expect that financial entities choose a low-code approach to support their business.
