The rapid rise in the popularity of the Low-code / No-code (LCNC) approach to microservices design has been witnessed since 2020 as part of the wider Buy & Build trend that began to be talked about in 2015. In this article, produced in partnership with valantic FSA, GreySpark Partners explores the characteristics that corporate and investment banking institutions should look for when selecting a LCNC framework for transaction automation.
Less than one year after his return to Apple Computer Inc., the company’s then-Interim CEO Steve Jobs explained his overarching rule for software design in a 1998 Business Week interview:
“Simple can be harder than complex … but it’s worth it in the end because once you get there, you can move mountains.”
Almost two decades on, and Jobs’ thinking can be associated with the influence behind not only numerous tech start-ups, but also the approach that users of those companies’ services demand when consuming the products that they create. In other words, the arrival of the App Economy. And just like any viable economic model, the App Economy is fuelled by a labour force of software development professionals for whom churning out miles of code in a specific programming language is no longer the essence of the role.
Rather, working as a professional developer, in 2025, means having the ability to expertly delve into multiple aspects of a technology stack, various platforms, data sources, databases, network layers, APIs, security mechanisms and procedures that are used to build software solutions – and anything that can be done faster is a ‘win’. Hence, the rise of so-called low-code / no-code (LCNC) technologies which provide frameworks that allow for the rapid development of microservices and even entire applications, all while enabling cost savings and – in some cases – empowering non-software developers to customise or create their microservices independently.
In this article, produced in partnership with valantic FSA, GreySpark Partners explores the characteristics that corporate and investment banking institutions should look for when selecting a LCNC framework for transaction automation.
The Drivers, Benefits & Risks
The rapid rise in the popularity of the LCNC approach to microservices design has been witnessed since 2020 as part of the wider Buy & Build trend that began to be talked about in 2015. The degree of maturity of LCNC technology, offered by companies such as Genesis Global, valantic FSA, and Xceptor, means that the possible benefits associated with adoption are well understood.
