The combination of IBM’s excellence and expertise in the operational understanding of a bank’s full stack and our technology brought to bear means that that full renewal can be achieved. IBM and Thought Machine have partnered because there is a symbiotic relationship.

Travers Clarke-Walker, Chief Sales and Marketing Officer, Thought Machine

Business Challenge

Saddled with aging core banking technology, today’s banks recognize the need to move to cloud for its cost efficiencies. However, few have gone beyond digitizing processes; most are not fully digitized through the full vertical stack, and even fewer deploy cloud-native services.

 

Transformation

Thought Machine and IBM have teamed up to deliver Thought Machine’s cloud-native core banking system, Vault, into banks globally. Vault allows banks to catch up with the industry’s challengers and helps them finally achieve full renewal and digital transformation in the cloud.

Solution Category

  • Cloud