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Tuesday, June 17, 2025
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Steve Hoy, Thought Machine | FinTech Finance

About Steve Hoy

https://thoughtmachine.net/
Steve Hoy is Director of Partnerships at Thought Machine. They make Vault, a modern, cloud-native core-banking system. Their mission is to build the new foundations for banking using modern software engineering. An ecosystem of Partners is a source of competitive advantage, making it easier for a Bank to choose Thought Machine, and enabling new business models to serve customers with the products they want, including products and services no-one has thought of yet. He helps Partners build propositions and sell their own products and services through an association with Thought Machine, all the while helping Banks break free from the shackles of legacy systems. Through integrating the contributions of multiple organizations, large and small, it's possible to bundle capabilities and collaborate to realize opportunities together. Steve Hoy has been working in Banking since 1986 and has led operations and technology change, taking complex business challenges and constructing practical solutions to achieve goals, and driving the profitable development of businesses for more than 30 years for companies such as RBS, Abbey National, J.P. Morgan, Lehman Brothers, and SNCF. Good ideas die fast in Banks because it just takes too long and costs too much, and the cost of product failure is high. At last, there's a way to get financial products to market in days or weeks rather than months or years, and finally Banks can start offering services their clients actually want. Steve Hoy is a Banking and FinTech professional dedicated to growth and innovation. He uses his broad experience in leadership and management to empower individuals and teams to reach their fullest potential through mentoring, coaching, and guidance. Steve Hoy anticipates opportunities and manages risks by forming strategy and planning accordingly, designing initiatives that align with organizational objectives and driving sustainable growth. Problem-solving is not just a task but a mindset he brings to every situation, seeking innovative solutions to complex business problems, navigating challenges, and creating win-win solutions by negotiating effectively. Steve Hoy is successes are defined by a commitment to excellence in communication, collaboration, leadership, and strategic thinking, all aimed at driving the profitable growth of businesses.

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