Vacuumlabs Expands its Partnership with Thought Machine by Offering an Enhanced Suite of Services to Complement Their Core Banking Technology

Vacuumlabs expands their partnership with Thought Machine

Vacuumlabs, a digital product development firm that provides engineering, design, product development, and data science services for the fintech industry, has announced today the launch of several new propositions to complement Thought Machine’s cloud-native core banking technology, Vault Core.

“We have used our four years of experience with Thought Machine’s Vault Core to develop our new propositions around application architecture, smart contracts and infrastructure development,” explains Paul Kenny, Chief Growth Officer at Vacuumlabs. 

In 2021, Vacuumlabs successfully completed the first-ever implementation of Thought Machine’s Vault Core banking technology in Asia. This was followed by implementations in South-East Asia and Europe. Vacuumlabs have used this project knowledge to develop propositions around application architecture, infrastructure development and smart contract development. Additionally, Vacuumlabs also offers personalized training modules for clients’ teams to maintain the business operations on this highly efficient core banking system.

Vacuumlabs’ propositions for Thought Machine’s cloud-native core banking platform help clients to benefit from Thought Machine’s security, scalability, and flexibility and helps clients during the whole product lifecycle through product definition, development and product roll out. 

“We believe our new propositions, which reduce risk and time to market, will help clients around the world to modernize their banking stack and build innovative products with Thought Machine,” concludes Kenny. 

To learn more about Vacuumlabs’ new proposition specializing in Thought Machine’s Vault Core, click here.  

About Vacuumlabs

Vacuumlabs, a digital product development firm that provides engineering, design, product development, and data science services for the fintech industry. A Bratislava based company with 340+ people, we support clients from 5 locations in Europe, North America, and Asia to create socially responsible, purposeful, and inventive digital products. Vacuumlabs demonstrates that you can work on global projects from your own home or anywhere in the world. Vacuumlabs specializes in the realm of digital banking and blockchain-based technology to improve the lives of end-users, build new communities, and enrich the fintech landscape. 

About Thought Machine

Thought Machine has developed the foundations of modern banking with its cloud-native core banking and payments technology. Its cloud-native core banking platform, Vault Core, is trusted by leading banks and financial institutions worldwide, including Intesa Sanpaolo, ING Bank Śląski, Lloyds Banking Group, Standard Chartered, SEB, Lunar, Atom bank, Curve, and more. 

The Vault platform has been written from scratch as an entirely cloud-native system and gives banks full control to build any product required to flourish in a rapidly changing world. 

Thought Machine is currently a team of 600 people spread across offices in London, New York, Singapore, and Sydney, and has raised more than $500m in funding.

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Veronika Gallisova
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