The Vault platform uses an API-driven architecture allowing banks to build any stack they want. A bank can choose to integrate with existing sources of truth in the bank, and other leading technology vendors. Real-time data is also published across all components, allowing the bank to have full visibility and instant access to valuable customer and system data.
Increase the responsiveness to business change by enabling real-time actions to be taken based on streamed events
Have intra-day financial positions, real-time fraud detection, and up-to-date views on financial and operational risk
Use near real-time granular data to enable advanced analytic capabilities such as machine learning
Event data is product agnostic, enabling changes to be made to a product’s underlying smart contract without the need to alter the downstream integrations that receive these events. Similarly, integrations can be changed without intervening in product functionality.
Banks have access to our Integration Library of connections into other leading cloud-native vendors across the entire banking stack.
The Integrations Library provides connections to multiple vendors across each part of the banking stack and for each segment (retail, business, Islamic banking) – giving banks choice to build what is right for their needs. Each integration can be adapted by the bank as required.
Integrations have been built by Thought Machine, the vendor, or developed in conjunction with technology or consultancy partners.