Thought Machine Vault
A core banking system enabling banks to design, build, and manage financial products using smart contracts.
Overview
Thought Machine Vault is a core banking platform that uses a Universal Product Engine powered by smart contracts to provide banks with flexibility and control in designing and building financial products. It supports the creation of new innovative products as well as replication of legacy products, enabling safe migration without disruption.
The platform includes a comprehensive Product Library with market-standard and innovative financial products such as loans, mortgages, deposits, credit cards, wallets, and Shariah-compliant accounts. Vault Core also offers simulation capabilities to test product performance before launch and a Product SDK for building, testing, and managing product portfolios with developer-friendly tools.
Vault Core features a real-time ledger with strict separation between product logic and data management, allowing banks to maintain control over their financial data and operations. The system supports configuration changes via smart contracts without modifying the platform code, enabling instant updates and custom product logic.
Key Features
- + Universal Product Engine using smart contracts for product design
- + Extensive Product Library with over 30 countries supported
- + Simulation tools for product performance testing
- + Product SDK for building and managing financial products
- + Real-time ledger with separation of product logic and data
- + Support for Islamic banking products
- + Instant product logic updates via API
- + Multi-currency and innovative product support