Vault Core and Vault Payments are trusted by the world's leading banks. Core banking and payments technology built natively for the cloud.
A modern core banking and payments platform in the cloud
The Vault platform gives banks complete control to build and run any financial product or payment scheme they want. We designed both systems from scratch – giving our clients total choice, flexibility, and power.
Vault Core
Vault Core is our cloud-native core banking platform, built from scratch to run in the cloud. It is cloud agnostic, giving banks total flexibility to choose the hosting option and provider that best meets their needs.
Using Vault Core, banks can run any product they wish, allowing them to control and shape their strategy as they see fit. It canreplicate a bank's existing back book of productsand create entirely new ones, including current and savings accounts, credit cards, loans, and mortgages.
Banks have launched products from our Product Library, a catalogue of more than 200 preconfigured financial products, or built products themselves such as buy-now-pay-later offerings, a combined debit and credit card, offset mortgages and much more.
Vault Payments
Vault Payments is our cloud-native payments processing platform designed to enable banks to run all payment types for every method, scheme, and region in the world.
Vault Payments seamlessly and dynamically embeds new and existing financial products into the payment platform while granting clients complete control over the payment’s life cycle. Vault Payments launched with card issuing and processing support on the Mastercard network.
Features of the
Vault platform
Cloud native
We have developed Vault Core and Vault Payments from scratch; without a single line of legacy or pre-cloud code. The products run natively in the cloud – taking advantage of its unique features, including horizontal scaling, continuous deployment, high availability, and self-healing capabilities.
Configurability
We designed Vault Core and Vault Payments for banks to build the technology stack they want and give them complete control. The platform is built with 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 smart contracts system. A rich library of pre-integrated solutions and pre-configured smart contracts enables banks to go live quickly.
Operational resilience
Banks can run any product, payment scheme, or type on a single platform with Vault Core and Vault Payments.
Our clients control the entire process. They can build, test, and launch any product they can imagine – without constraints or dependencies.
Banks can deploy the Vault platform on any cloud infrastructure provider. Our clients decide how and where they want to host their instances of Vault Core and Vault Payments. Both are also available as SaaS.
Microservices architecture
The Vault platform's microservices architecture is built from the ground up to take full advantage of cloud-native computing, enabling banks to have an elastic, highly available and flexible core banking system, which scales depending on load.
Trusted by
The world's leading banks trust and use our technology. Our global client list ranges from Tier 1 multinationals to smaller regional banks and fintech companies worldwide. Many of these banks are also our investors, including JPMorgan Chase, Lloyds Banking Group, ING, Standard Chartered, SEB, and Intesa Sanpaolo.
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Company
We have an unrelenting commitment to product excellence at Thought Machine. Our world-class engineers apply themselves to developing core banking and payments technology that is truly unique in the scale of its ambition.
Many of our team come from leading technology companies and bring best practices in software design and building scalable cloud infrastructure. We are proud of our award-winning culture and high-performing, collaborative, and inclusive working environment.
News and insights
Can you migrate in less than a year? Yes, under the right conditions.
Can you migrate in less than a year? Yes, under the right conditions.
Core modernisation and ecosystem collaboration with Accenture
Empowering our clients to accelerate their modernisation
Money20/20 Banking Infrastructure Summit: What to expect with a core modernization program
To be ISO 20022 ‘ready’ is not good enough
Building a winning team with a strong culture
Domain-driven design and the future of payments
How does Vault Core compare to closed-box systems, and what does this mean for product development?
Introducing our Enablement Portal – a complete resource for support, knowledge and training on the Vault platform
The Integration Library: a growing collection of solutions with best-in-class technology vendors
Building a bank on top of kubernetes
From speech technology to banking
Strategic partnership with Lloyds Banking Group
Cloud computing will save banks billions. Here's how
A demand for COBOL expertise underlines the fragility of critical infrastructure
Why are cloud systems so much more reliable?
Life may have slowed down but innovation doesn’t!
Building a core banking system in a distributed environment
Strengthening our commitment to cloud native design
Cloud Native - what does it mean? An interview with CNCF's Cheryl Hung
Judo Bank upgrades its lending business banking platform with Thought Machine technology
Judo Bank upgrades its lending business banking platform with Thought Machine technology
Ethos partners with Thought Machine to pave the way for Shariah-compliant banking innovation
Payset adopts the full Thought Machine cloud-native stack and signs for Vault Payments
Mastercard and Thought Machine accelerate core banking capabilities, providing seamless payment experiences
PayU's LazyPay partners with Thought Machine to shape the future of credit solutions in India
Thought Machine partners with Form3 to bring real-time payment technology to the US and European markets
Cordada partners with Thought Machine to close the funding gap for SMEs in Latin America
Intesa Sanpaolo’s Isybank goes live on Thought Machine’s next-generation technology
Jordan Ahli Bank Introduces Qawn, Jordan's Premier Social Payment App
C6 Bank offsets more than 900 tonnes of carbon with new product running on Thought Machine’s technology
Thought Machine to increase global headcount by more than 20% in next phase of growth plans
HMBradley partners with Thought Machine to transform the future of banking
Bpifrance selects Thought Machine to deliver the next-generation of finance to SMEs in France
C6 Bank selects Vault Core to power the next phase of financial services innovation
Trust Bank selects Thought Machine to power the first of Singapore’s new wave of digital banks
Payset selects Thought Machine to bring next-generation financial services to UK and European markets
UnionDigital Bank partners with Thought Machine to power its Digital Banking Platform
Thought Machine inducted into JPMorgan Chase's 2022 Hall of Innovation
Thought Machine wins Google Cloud’s Industry Solution Partner of the Year – Financial Services Award
Thought Machine launches Vault Payments: a highly configurable cloud-native cards and payments processing platform
The optimal solution to payment system architecture
The optimal solution to payment system architecture
Domain-driven design and the future of payments
Transform banking. Transform core.
The truth about cloud-native core banking
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