Delta Capita partners with low-code solutions provider HighGear
Delta Capita has become a strategic partner of HighGear, a provider of workflow automation solutions to the financial services sector.
“We have found HighGear to be a highly productive platform for the financial services sector,” explained Bimal Umeria, a Partner at Delta Capita. When working with HighGear solutions at its clients, Delta Capita consultants have found that they enable greater operational efficiency and more control on risk & compliance, as well as making change transitions more business-led and effective through its low-code approach.
Founded in 2003, HighGear is a US-based IT company that provides companies – including banks, insurance groups and other financial services institutions – with a no-code workflow automation platform. The software is low-code, meaning that business analysts can drive their own digital transformation through an intuitive, drag-and-drop platform. This removes the dependence on programmers for delivering IT-enabled improvements, and speeds up the rate at which innovations and upgrades can be rolled out.
This is one of the key reasons why low-code platforms are booming. Against a backdrop of ‘everything digital’, organisations are rapidly embracing low-code to accelerate their digital transformation endeavours in a bid to remain competitive. According to one estimate, the market value of low-code platforms will grow to around $22 billion in 2022, up from a just $4 billion today.
Under the partnership, Delta Capita will leverage HighGear’s solutions to complement its advisory, technology and managed services offerings. The solutions will in particular be used for projects in the area of trading, front office, risk & compliance, middle office and post-trade operations, with a focus on workflow automation, task management and business process redesign.
Commenting on the partnership, Vaughn Thurman, CEO and Founder of HighGear, formerly Swift Software (the company rebranded in October last year), said, “Delta Capita provides deep financial services expertise, accomplished senior management and proven fintech solutions. Their commitment to helping customers adopt innovative business models and benefit from cutting-edge technology is well-aligned with our core values.”
Established in 2010, Delta Capita helps some of the world’s largest banks, insurance groups and financial services firms transform and simplify operations, reduce capital and operating expenditures and comply with regulatory obligations. In doing so, the London-headquartered consulting firm works with several innovative FinTech solutions, including JJCFinTech (focus on risk & compliance), Wolters Kluwer (focus on WK OneSumX implementations), Fenergo (focus on client life-cyle management) and Scientrix (focus on digital transformation). HighGear becomes Delta Capita’s tenth partnership.
The financial services consultancy will adopt HighGear’s solutions across its five offices globally – in the UK, the Netherlands, South Africa, Hong Kong and Singapore.