Cloud-native core banking engine with programmable smart contracts
Deloitte alliance
Banking & Core Banking
- Starting at
- Contact for quote
- Vendor size
- —
- Customers
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Thought Machine
Deloitte allianceThought Machine is a London-based fintech company that builds cloud-native core banking and payments technology.
- Headquarters
- London, GB
- Founded
- 2014
- Employees
- —
- Size
- 201–500
- Stock exchange
- Private
- Revenue (USD)
- —
Deloitte alliance listings:
Thought Machine Group LTD
Company profile
Thought Machine builds Vault Core, a cloud-native core banking engine where products are defined as code via smart contracts, and Vault Payments for modern payment processing. It is bought by tier-1 and challenger banks seeking to replace or complement legacy cores. It is notable for its API-first, configurable product engine adopted by several large global banks.
- Ownership
- Private
- Employees
- 201–500
Industries served
Key offerings
Vault CoreVault Payments
Typical use cases
- Launching a greenfield digital bank on modern core
- Progressive migration off legacy core banking
- Rapid configuration of new deposit and lending products
Strengths
- Modern cloud-native, API-first architecture
- Highly configurable products via smart contracts
- Adopted by several large global banks
Considerations
- Smaller vendor; implementation relies heavily on partners
- Narrower out-of-the-box functionality than mature suites
- Requires strong in-house engineering to configure
Typical Deloitte services
- Core banking modernization and migration
- Cloud-native banking architecture design
- Product configuration and integration delivery
Editorial profile based on public information.