Vacuumlabs expands its partnership with Thought Machine by offering an enhanced suite of services to complement their core banking technology

Vacuumlabs, a digital product development firm that provides engineering, design, product development, and data science services for the fintech industry, has announced 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.