Future-forward Shariah-compliant products
Thought Machine offers all its clients access to more than 100 pre-built financial products – ranging from current accounts to offset mortgages. These out-of-the-box products can be easily tailored and launched immediately, ensuring a bank moves rapidly from development to deployment. ARBM is using Thought Machine’s Product Library as it provides features specific for the
In addition, ARBM can configure these products on its own using Vault Core’s built-in capabilities.
Giving customers 100%
Today’s banking customers expect real-time, frictionless, always-on services 100% of the time. Legacy products, built with legacy technologies, cannot offer customers this level of customer experience.
Vault Core is built on a microservices architecture and is regularly upgraded, adding new features and functionality. With Vault Core, ARBM can confidently meet, and exceed, customer expectations.
Data used, extensively
To drive customers to move to digital-only services, ARBM needs to build and deliver a superior customer experience, which is always-on, frictionless and personalised to meet the individual needs of the end-user.
Advanced data-analytic capabilities are enabled when data is managed from one single source of truth. Vault Core provides this single-platform solution that allows for the hyper-personalisation of products across the entire service for ARBM.
Heavy on ambition, light on time
Banking is changing fast – driven by new competition and better technology. As a subsidiary of the world’s largest Islamic bank, ARBM has huge ambition when it comes to creating systemic change in finance.
To deliver on its vision of building an industry changing digital bank and bringing it to market with haste, they needed a headless core with massive power.
Vault Core was the perfect platform available that could ensure the ARBM team delivered on its ambitions at full speed.