Introduction to

Vault Core
What can Vault Core do for me?

Single platform Speed to market

All products on a single core banking Vault Marketplace includes a pre-
platform: retail, SME, business lending built library of market-ready banking
and more. products, which is constantly growing.

Why choose Vault Core?

01 02 03
You stay Unlimited product Cloud
in control differentiation native

With Vault Core, you have With Vault Core, you Vault Core was built
full control to do anything, can create any financial from scratch as cloud
from launching innovative product. Its Universal native technology and is
products to sustainably Product Engine completely cloud agnostic.
maintaining legacy enables high levels of You benefit in full from all
products. Our market- configurability, with every the advantages of a cloud
ready Product Library is product managed entirely native approach: security,
fully transparent – you can using smart contracts. At scalability, cost reduction
use these off-the-shelf, or the same time, you have and high availability.
modify them, or start no reliance on Thought
from scratch. Machine for changes.

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What is Vault Core?

Thought Machine’s mission Vault Core is a single Vault Core provides

is to create technology platform for all your access to real-time data,
that can run the world’s financial products. We making it possible for
banks according to provide an ever-growing you to react in real time,
the best designs and library of market-ready leading to better visibility
software practices of products to accelerate and insights into customer
the modern age. your time to market, while behaviour and needs.
also making the platform
Our product – Vault With Vault Core, you
highly configurable.
Core – has revolutionised can accelerate your time
core banking through Full product configuration is to market, reduce your
cloud native technology, possible through our unique costs and differentiate
making it possible to use of smart contracts, your product offering
create any type of financial used to implement the versus your competitors.
product or configuration. full range of banking
products, from mortgages
to current accounts.

How is Vault Core different?

Product flexibility Low cost

Build and support any banking Vault Core is low cost both to
product, from complex legacy operate and to change, enabling
products to new innovative products a bank to achieve a low cost-to-
that can be rapidly iterated to meet income ratio compared to peers.
customers’ ever-changing needs.

Cloud Real-time
Cloud native and agnostic to Vault Core is API-enabled and real
support any deployment type by a time, enabling it to be seamlessly
bank, on any cloud provider. integrated within a wider ecosystem.

Performance Single platform

Vault Core offers the highest level Vault Core can run any type and size
of performance, reliability and of bank on a single platform.
operational resilience.

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Smart contracts
Smart contracts are at the
heart of how Vault brings
financial products to life
Vault Core provides you with unique
flexibility and control in the design and
build of new banking products through
smart contracts, providing full access to
financial product logic.
There are multiple benefits from our
‘open box’ approach:
• No reliance on any third party for
product maintenance or change

• Unlimited ability to create new

products or modify existing ones
With smart contracts, there’s no limit to
• Unlimited ability to change as the the product differentiation you can bring
regulatory landscape changes to market.

What makes smart contracts different?

01
Single platform
02
Open box
Any product, on-demand, quickly. You have full access to the underlying
All smart contracts together – no product logic and the ability to make
product-specific systems or siloing changes – meaning no reliance on
between different systems. any third party.

03
Full control
04
Unlimited flexibility
Stay in control of your product Achieve true product differentiation
lifecycle. Smart contract transparency through the extensive flexibility and
means you can create, modify, test parameterisation possible.
and deploy – faster than ever before.

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Vault Marketplace

Vault Marketplace is The Vault Marketplace We are constantly adding

of libraries includes the to the Product Library, with
Thought Machine’s Product Library, country-specific variants,
extensive library Integration Library and including a Shariah banking
of easy-to-deploy Acceleration Library. range, being introduced
solutions, built in as our international
With the Product Library,
engagements grow.
house and built we can help you go
rapidly to market by Going forward you can
by partners offering a global library continually benefit from our
of configurable, ready-to- global engagements.
ship retail and corporate
All our products are fully
financial products. The
documented. In addition,
Integration Library includes
during the sales process
proven integrations
we can demonstrate any
with vendors, while the
product you wish to see,
Acceleration Library helps
and show you how quick
to streamline and simplify
and easy it is to configure
how a bank uses
any product.
Vault Core.
To further streamline
the adoption of new
products in your bank, we
also provide testing and
simulation tools.
Going forward, you
can take these product
templates and we can help
you tailor them to your
specific needs.
Together, we can help you
create and innovate your
product offerings.

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Deploying Vault Core

At Thought Machine, we have specialist tools and support to expertly deliver a full
spectrum of deployments from digital greenfield to coexistence and complex migrations
in the timelines that meet a bank’s ambitions.
Banks have the tools to successfully deploy Vault Core on their own or can rely on
a highly specialised Thought Machine team and a large trained network of delivery
partners. The tailored support we provide means we have no failed deliveries.

01 02 03
Digital greenfield Coexistence Migration

New technology stack, new Integrations into the Migration of back book of
customer propositions and existing technology existing customers.
stack, new customer
new customers.
propositions and new and
existing customers.

Clients can choose the support option that best suits their needs

Self-service
• Extensive SDK and documentation are provided to clients to enable them to deploy Vault Core
• Clients can train and certify their staff using our training portal to enable them to rapidly
up-skill and support configuration and deployment

Thought Machine experts

• Our expert services teams work alongside clients or partners, transferring skills and
knowledge, providing configuration, architecture and migration expertise and ensuring
successful deployment
• We can either empower clients to become self-sufficient and take full ownership of future
product expansion, or provide long-term support services

Delivery partners
• Extensive network of delivery partners who can guide the bank on every step of the journey –
whether that’s specific technical support, such as building integrations with third parties, or
management of large scale change
• All our delivery partners have provided Thought Machine certified teams and have experience
deploying Vault Core across the world

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For more information email:
[email protected]

or visit:
www.thoughtmachine.net