Solution Components
Thought Machine Vault is the core banking component providing the business logic, workflow engine, product management (smart contracts) and configuration.
AWS provides a secure, scalable and innovative platform in the cloud enabling new digital banks to meet regulatory requirements and develop new business models.
BankLiteX provides all the building blocks to deliver the digital channels, as well as the banking platform to support integrations with external service providers and the fintech ecosystem.
The platform implements an API-based bank-as-a-service approach that delivers a seamless service across third-party apps, products, microservices and custom-made software. It also enables a multi-core banking system approach to de-risk migration.
BankLiteX is based on modern technologies enabling collaborative methods to ensure efficiency across business, UI/UX design, DevOps and operations teams.
A single development hub provides a unified repository for all projects, technologies and programming languages – enabling safe collaboration across all teams involved in a business feature.