Accelerate Innovation
in Banking & Insurance

Launch web and mobile apps for banks rapidly with WaveMaker — a full-stack development accelerator for modern enterprise applications and solutions.

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Build the future of banking solutions with WaveMaker

Build faster, deliver smarter: empower ISVs in BFSI with WaveMaker

A professional workbench for developers, which automates repetitive coding tasks, generates clean code using frameworks of Angular for Web and React Native for mobile, without needing you to reskill. WaveMaker helps to Modernize Banking and Financial software 3x faster with an AI-powered low-code platform built for scale and customization.

The ISV challenge in BFSI

Independent software vendors in banking and financial services are under intense pressure to modernize fast, innovate continuously, and serve diverse customer needs—without multiplying costs.

Legacy Modernization

Modernizing apps with microservices and modern UIs is hard. Full-stack rewrites are costly—ISVs want to refresh the frontend without touching backend logic.

Native Mobile App Development

Building separate iOS and Android apps takes time, money, and effort—slowing teams down.

Design-Led Development

Scaling consistent design across products creates friction between design and development—leading to delays and rework.

UI Modernization

Banking apps often have solid Java backends but outdated frontends. Teams need to modernize the UI without rebuilding the backend.

The open low code platform of choice for ISVs

The only low code platform which gives you complete control and freedom over your assets.

Open standards

Banking apps built on WaveMaker, are based on a proven, globally adopted open standards-based tech stack, that keeps your apps fresh, up-to-date, and free from potential vulnerabilities. Developers find it easy to adopt and onboard on a platform based on well-known technologies such as Angular, Bootstrap, Hibernate, Spring, and more.

Developer-seat licensing model

Banking is a high-volume business. The transparent developer-seat licensing model is hassle-free, simple, and non-constrictive; allowing teams to create as many applications as they want and deploy them wherever they want, lowering development and implied futuristic costs.

No vendor lock-in

Free yourself from the clutches of lock-in and have complete control over your assets and applications. No limits on the number of applications or number of users. With no license restrictions on runtime libraries, you can deploy into any runtime platform, not just WaveMaker’s.

Real code behind

WaveMaker app-generated code is real code. Extend and customize code and components without being tied to the platform. WaveMaker platform generates code that is clean, readable, has no hidden logic, no metadata, and nothing proprietary—just powerful capabilities and better control.

Extensible code

Extend and customize code and components without being tied to the platform. The Maven-compliant auto-generated app code can be exported and customized out of the platform into any IDE of choice, any time, any number of times.

Freedom of custom code

WaveMaker allows multiple extension points that allow custom coding. Create your own Java libraries and import them into WaveMaker as a Java service. Build your own custom UI styling and extensions using JavaScript. Integrate any external AngularJS and jQuery UI controls into the WaveMaker platform as a drag-and-drop UI widget.

The WaveMaker Advantage

WaveMaker delivers a triple impact for software product companies and ISVs. More than a low code platform, it's a modern productivity suite for developers—built for enterprise-grade agility, flexibility, and scale. Accelerate digital banking, reduce IT costs, and enable self-service configurability for business teams, while maintaining full control with open standards and exportable code.

Speed – Time to Market, Time to Value

WaveMaker enables you to build applications at least 3x faster than traditional development. This acceleration comes from a combination of low-code architecture, AI-powered automation, and out-of-the-box accelerators.

You can visually develop applications, integrate APIs easily, and auto-generate responsive UIs—all while retaining full control over the code.

Unlike typical low-code platforms, WaveMaker gives you complete code transparency. You can deploy your app anywhere, export the codebase, and integrate it with your existing CI/CD, testing, and source control tools.

WaveMaker fits into your enterprise environment and workflows, acting as a modern productivity workbench for developers—not a replacement for them.

Lower Total Cost of Ownership

WaveMaker reduces cost across development, maintenance, and customization.

The platform handles framework upgrades like Angular and React Native, so your teams can focus on building applications, not managing tech stack changes.

It also enables skillset democratization—developers don’t need to be deep specialists to build high-quality applications, which broadens your available talent pool and reduces costs.

Its component-driven architecture supports easy customization, theming, and reuse, helping lower the cost of adapting apps for different customer needs.

Transition to Self-Service

WaveMaker supports a shift from high-touch, engineering-led delivery to scalable self-service models.

Customers, internal teams, and SI partners can configure and extend applications on their own, with minimal engineering support.

This reduces the burden on your core engineering team, allowing them to focus on strategic product development and innovation, rather than incremental customization.

This shift improves delivery efficiency and makes your organization more agile and product-focused.

What can banks do with WaveMaker?

Embrace composability and see the real difference it makes in your business.

Launch composable digital platforms quickly

Build customer engagement portals for “everyday” retail banking needs like virtual card management, deposit accounts, and loan management. Create centralized dashboards and management systems for multiple accounts for corporate clients.

Create a modern internal user experience efficiently

Modernize internal applications like dispute management, resource management, credit & transaction history management, and cash management. Launch unique modern user experiences for employees and vendors in a cost-effective way.

Facilitate embedded finance for SMBs with a white-labeled platform

Use low code to develop your own (read: white-labeled) API-inundated platforms. Enable small and medium banking players in the ecosystem to design and deliver embedded finance services backed by banking infrastructure and compliance capabilities.

It’s for speed to market. We expect at least a 20 to 30% speed improvement. FIS chose WaveMaker because its components seemed more scalable than its competitors, and its per-developer licensing model was less expensive than the per-runtime model of other tools.
VIKRAM RAMANI, FIS CTO,
Fidelity National Information Services (FIS)
In CIO Magazine
WaveMaker provided a flexible solution that allows us to model, design, and create web-based solutions that pass all security checks of our organizations requirements quickly and efficiently.
Brian Finley, Director
Application Development
Mercy Technology Services
WaveMaker just simply beat its competition through its simple yet intuitive visual app building. The icing on the cake was WaveMaker’s adoption of open standards to build applications, which took away all aspects of vendor lock-in. We were so delighted that we decided to license and engage their professional services for more work.
Jerry Braga
Sr. Programmer Analyst at
Flanagan
Best value for money in comparison with all the low code solutions. We chose WaveMaker because it offers the advantage of combining low code development with custom development, providing us with the best of both worlds.
Freek Weijtens
IT Director
Yource

Analyst Speak

The Forrester Wave™ : Low Code Development Platforms For Professional Developers, Q2 2023
"Strong choice for its target: software companies wishing to build their own products using low code and provide low code 'composition' tooling as part of those products."
Omdia Universe : No Code, Low Code Solutions, 2023–24
"Sound fit for professional developers who wish to accelerate their development experience as well as support low code developers with prebuilt components who can then use the visual composing studio."
Low code Application Development Platforms PEAK Matrix® Assessment 2023
"Strengths in customizability and API-first approach in low code application development; platform’s commercial flexibility which makes it an affordable and viable choice for businesses of all sizes."
Low code Application Development Platforms PEAK Matrix® Assessment 2023
"Strengths in customizability and API-first approach in low code application development; platform’s commercial flexibility which makes it an affordable and viable choice for businesses of all sizes."
Provider Lens Next-Gen ADM Solutions report 2023
"Product challenger, solidifying its competitive stance through technological expertise, business relevance, and industry-leading innovation."
2021 Spectrum Report : Low/No Code Vendors in Banking
"A secure, enterprise-grade developer toolkit uniquely tailored for crafting composable experiences in the development of fintech engagement platforms and applications."

The Forrester Wave™: Low Code Development Platforms For Professional Developers, Q2 2023
"Strong choice for its target: software companies wishing to build their own products using low-code and provide low-code 'composition' tooling as part of those products."
Omdia Universe: No Code, Low Code Solutions, 2023–24
"Sound fit for professional developers who wish to accelerate their development experience as well as support low code developers with prebuilt components who can then use the visual composing studio."
Low code Application Development Platforms PEAK Matrix® Assessment 2023
"Strengths in customizability and API-first approach in low-code application development; platform’s commercial flexibility which makes it an affordable and viable choice for businesses of all sizes."
Provider Lens Next-Gen ADM Solutions report 2023
"Product challenger, solidifying its competitive stance through technological expertise, business relevance, and industry-leading innovation."
2021 Spectrum Report: Low/No Code Vendors in Banking
"A secure, enterprise-grade developer toolkit uniquely tailored for crafting composable experiences in the development of fintech engagement platforms and applications."