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THE FOUNDATIONS OF MODERN BANKING

Vault Core and Vault Payments are trusted and deployed by the world's top banks.
Core banking and payments technology built natively for the cloud.





A modern core banking platform in the cloud


The Vault platform gives our clients full control to do, and build, anything
they want. We designed the system from scratch to give our clients total choice,
flexibility and power. The world's top banks have adopted the Vault platform as
the foundation layer of their technology stack.

Universal Product Engine

With Vault Core, banks can run any product they wish. This gives banks the
freedom to control and shape their strategy as they see fit.

Vault Core can exactly replicate a bank's existing back book of products, as
well as create entirely new ones, including current and savings accounts, loans,
and mortgages. It can also launch and run products not typically managed from
the core, such as credit cards. Banks have used our Product Library, a catalogue
of more than 200 pre-configured financial products, or built from scratch,
products such as: buy-now-pay-later offerings, a combined debit and credit card,
and offset mortgages.

Read more about this
Real-time Ledger

Vault Core's always-on, real-time Ledger gives banks complete control over the
management of data. There is a strict separation between the management of
products and the underlying Ledger. This gives banks the ability to modify and
launch products, while maintaining a common codebase across all banks.

All data is transmitted in and out of the Ledger in real time, providing rich
data streaming for AI and reporting. The Ledger can manage sophisticated lines
of funds in any asset and denomination and banks can manage anything from
international currencies to crypto and reward points.

Read more about this

Universal cloud hosting

The Vault platform is truly cloud-native technology. It does not contain any
legacy code and uses state-of-the-art cloud infrastructure, practices and tools
– enabling banks to have the highest level of operational resilience.

Banks can choose our software as a service, or can deploy it themselves in
public, private and hybrid environments. The Vault platform runs on all major
cloud infrastructure providers, including Amazon Web Services, Google Cloud
Platform and Microsoft Azure.

Moving to the cloud gives banks the ability to run their services more
efficiently – achieving a better cost-to-income ratio, reducing capital
expenditure for on-premise hardware, and making a significant reduction to their
carbon footprint.

Read more about this
Configuration and integration

We designed the Vault platform to enable banks to build the technology stack
they want, and give them complete control. The platform is built around an
API-first architecture, giving banks the power to connect to services and
technologies from other vendors.

All product creation is done in Vault Core's configuration layer using our
system of smart contracts, and a rich library of pre-integrated solutions and
pre-configured smart contracts enables banks to quickly go live.

Read more about this

Trusted by
Lloyds Banking Group

The best banks in the world trust and use our technology. We have amassed a
global client list, ranging from Tier 1 multinationals, to smaller regional
banks and fintech companies around the world. Many of these key banks are also
our investors, including JPMorgan Chase, Lloyds Banking Group, ING, Standard
Chartered, SEB, and Intesa Sanpaolo.


Read our case studies

Company

We have an unrelenting commitment to product excellence at Thought Machine. Our
world-class engineers apply themselves to developing core banking technology
that is truly unique in the scale of its ambition.

Many of our team come from leading technology companies, and bring with them
best practice in software design and in building scalable cloud infrastructure.
Our talent, combined with a fun and inclusive working environment, has created a
culture we are proud of.


About our team

News and insights

Blogs
Webcasts
Press releases
Whitepapers
Introducing our Enablement Portal – a complete resource for support, knowledge
and training on the Vault platform
Read this article
The Integration Library: a growing collection of solutions with best-in-class
technology vendors
Read this article
Building a bank on top of kubernetes
Read this article
From speech technology to banking
Read this article
Strategic partnership with Lloyds Banking Group
Read this article
Cloud computing will save banks billions. Here's how
Read this article
A demand for COBOL expertise underlines the fragility of critical infrastructure
Read this article
Why are cloud systems so much more reliable?
Read this article
Life may have slowed down but innovation doesn’t!
Read this article
Building a core banking system in a distributed environment
Read this article
Strengthening our commitment to cloud native design
Read this article
Cloud Native - what does it mean? An interview with CNCF's Cheryl Hung
Read this article
Shaping the future of banking IT: We’ve joined the Banking Industry Architecture
Network (BIAN)
Read this article
Why microservices are the future of banking
Read this article
GFT and Thought Machine forge strategic partnership to accelerate global banking
transformation programmes
Read this article
Q&A with Nick Wilde, MD of Thought Machine Asia-Pacific
Read this article
How Thought Machine can unlock the cloud for banks with Red Hat OpenShift
Read this article
Round table: Meeting the challenge of a digital future
Read this article
How to go full cloud native with CockroachDB
Read this article
Meet our chair Andy Maguire
Read this article




Reimagining compliance on the journey of banking modernisation
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Accelerating banking modernisation while staying in control
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Modern core banking debunked
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What defines a modern banking experience?
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Deliver modern customer experiences
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Decoupling the core from product configuration
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Turbocharging banking with real-time data
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What is cloud native, and how do we get there?
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The DNA of next-generation banking
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Bpifrance selects Thought Machine to deliver the next-generation of finance to
SMEs in France
Read the press release
C6 Bank selects Vault Core to power the next phase of financial services
innovation
Read the press release
Trust Bank selects Thought Machine to power the first of Singapore’s new wave of
digital banks
Read the press release
Payset selects Thought Machine to bring next-generation financial services to UK
and European markets
Read the press release
UnionDigital Bank partners with Thought Machine to power its Digital Banking
Platform
Read the press release
Thought Machine inducted into JPMorgan Chase's 2022 Hall of Innovation
Read the press release
Thought Machine wins Google Cloud’s Industry Solution Partner of the Year –
Financial Services Award
Read the press release
Thought Machine launches Vault Payments: a highly configurable cloud-native
cards and payments processing platform
Read the press release
M1 selects Thought Machine to power The Finance Super App™
Read the press release
Thought Machine raises $160m in series D funding
Read the press release
Together selects Thought Machine to modernise technology stack
Read the press release
HD Bank announces strategic collaboration with Thought Machine to transform
banking in Vietnam
Read the press release
Magyar Bankholding selects Thought Machine to launch a digital-first bank
Read the press release
Intesa Sanpaolo invests £40 million into Thought Machine and selects Vault Core
to power new digital banking platform
Read the press release
Thought Machine signs Mascoma Bank to take community banking into the cloud
Read the press release
Al Rajhi Bank Malaysia selects Thought Machine to build a state-of-the-art
Islamic digital bank
Read the press release
Lunar selects Thought Machine to modernise its core banking system & accelerate
roll-out of the Nordic’s next financial powerhouse
Read the press release
New research finds nearly half of banks are missing key elements to build
sustainable digital transformation strategies
Read the press release
ING Bank Śląski selects Thought Machine and goes live with Vault Core to further
enhance customer experience
Read the press release
Thought Machine joins the Microsoft Azure ecosystem
Read the press release




Transform banking. Transform core.
Read this whitepaper
The truth about cloud native core banking
Read this whitepaper




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