#Vaulta Vault Core’s Universal Product Engine increases the bank’s go-to-market speed, boosting the development and launch of new products and “allowing the bank to operate at five times its previous pace”. Bpifrance’s first product on Vault Core, a two-year commercial loan, is now live.
Thought Machine CEO Paul Taylor says: “Running on Vault Core, Bpifrance is modernising how financial services are delivered to businesses of all sizes.”
Arnaud Caudoux, deputy CEO at Bpifrance in charge of finance, risks, information systems and guarantee, says Thought Machine’s Vault Core allows Bpifrance “to offer French companies the best financing and support, both online and with business managers”.
“With Thought Machine, we have chosen a cloud-native core banking system, operating entirely in event-driven logic and in real-time, perfectly aligned with our architectural choices and allowing us to achieve our ambitions.
Very impressive