{"id":21562,"date":"2020-05-16T10:00:02","date_gmt":"2020-05-16T04:30:02","guid":{"rendered":"https:\/\/www.the-next-tech.com\/?p=21562"},"modified":"2020-05-18T11:59:52","modified_gmt":"2020-05-18T06:29:52","slug":"supercharge-your-financial-data-with-no-code","status":"publish","type":"post","link":"https:\/\/www.the-next-tech.com\/finance\/supercharge-your-financial-data-with-no-code\/","title":{"rendered":"Supercharge your Financial Data with no-code"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Across the world, the financial analytics market is exhibiting positive signs of growth. The rise of digitization and the increasing adoption of cloud solutions are two of the main factors central to this market growth.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Financial analyst solutions are enjoying widespread global adoption as organizations look to increase efficiency by planning, monitoring and budgeting better. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">There is an emphasis, too, on collecting insight related to customer behavior (through sentiment analysis and other means), value drivers like growth, profitability, capital efficiency and risk, and also resource optimization.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However,<a href=\"https:\/\/www.the-next-tech.com\/finance\/breaking-into-investment-banking-from-a-non-finance-background\/\"> traditional finance organizations weren\u2019t exactly built on a foundation<\/a> suitable enough to answer modern business questions, As such, the integration of sophisticated, modern solutions might seem like an insurmountable task for many.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Retrofitting isn\u2019t as straight forward as it might first appear. You wouldn\u2019t wedge a CD into a tape-deck, so it begs the question: why would you invest time and capital in a solution that might not fit your needs or structure?<\/span><br \/>\n<!-- Home page 728x90 --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: inline-block; width: 728px; height: 90px;\" data-ad-client=\"ca-pub-9864771813712812\" data-ad-slot=\"3152971286\"><\/ins><br \/>\n<script>\n(adsbygoogle = window.adsbygoogle || []).push({});\n<\/script><\/p>\n<h2><b>Does no-code hold the answer?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Just as traditional finance organizations may struggle to implement a modern strategy, modern finance organizations may struggle with a legacy solution.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Let\u2019s be real, financial institutions know money, so when it comes to balancing the risk and reward of a data strategy, there is heightened scrutiny.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Whether it\u2019s allocating time to existing employees for training, or assigning the budget required for hiring new talent, both can be off-putting.\u00a0<\/span><\/p>\n<h4>This is were no-code comes in.<\/h4>\n<p><span style=\"font-weight: 400;\">No-code, although a relatively modern <\/span><i><span style=\"font-weight: 400;\">movement<\/span><\/i><span style=\"font-weight: 400;\">, has been gathering pace for the last few years. However, it\u2019s not a new invention. <a href=\"https:\/\/www.the-next-tech.com\/business\/why-low-code-and-no-code-development-are-necessary-for-business-growth\/\">No-code has been around in some form or another for a long time<\/a>. We just might not be aware of it.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Take Microsoft Word for example. Users can format documents, add graphics or data tables, and publish reports as a PDF without writing a single line of code. There\u2019s code running in the background, don\u2019t get me wrong. Some incredibly complex, intelligent code. We just never see it. We don\u2019t need to.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Every day we perform many codeless tasks, but it\u2019s all &#8220;under the hood&#8221;, so we rarely pay it any mind. We are able to perform complex computing processes in just a few clicks.<\/span><br \/>\n<span class=\"seethis_lik\"><span>Also read:<\/span> <a href=\"https:\/\/www.the-next-tech.com\/top-10\/face-swap-ai-tools-photo-video\/\">10 Top-Rated Face Swap AI Tools (Swap Photo & Video Instantly!)<\/a><\/span>\n<h2>Data analysis in clicks, not hours<\/h2>\n<p><span style=\"font-weight: 400;\">Traditional data analysis isn\u2019t always easy. It doesn\u2019t always provide all the answers. It can often be time-consuming. The platforms and tools are convoluted, packed full of unused features. It can cost a fortune to hire personnel or train existing employees, not to mention the uphill battle of embedding a data culture from top to bottom.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, when presented with the opportunity to mitigate these costs and these risks, organizations should jump at the chance, right?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With no-code data analysis platforms, you can make it easier for your organization to adopt smarter analytics to motivate better decision making.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">No-code affords your employees the time to focus on insight, rather than repetitive, routine, complicated tasks.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You don\u2019t need hundreds of thousands of dollars to implement a strategy. You don\u2019t need the most expensive platforms and solutions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Knowledge of your domain is there, you have the expertise in your field \u2013 one of the most crucial factors in data-driven strategy \u2013 now all you need is the insight and the means to communicate those ideas effectively using incisive, data-backed intelligence, in a single end-to-end, powerful notebook.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Your financial analytics could do with an upgrade, but time and budget are standing in the way. Is no-code the best option to get the most out of your data?<\/p>\n","protected":false},"author":1022,"featured_media":21701,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[31],"tags":[1842,647,1030,435,315,216,1940],"_links":{"self":[{"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/posts\/21562"}],"collection":[{"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/users\/1022"}],"replies":[{"embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/comments?post=21562"}],"version-history":[{"count":11,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/posts\/21562\/revisions"}],"predecessor-version":[{"id":21771,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/posts\/21562\/revisions\/21771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/media\/21701"}],"wp:attachment":[{"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/media?parent=21562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/categories?post=21562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.the-next-tech.com\/rest\/wp\/v2\/tags?post=21562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}