View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Research Reports
November 1, 2021updated 27 Jul 2022 5:42pm

GFT, Thought Machine Launches Cloud-Based Digital Banking Platform

Concept: Germany’s software engineering company GFT and British core banking startup Thought Machine has launched cloud-based virtual banking solution BankLite. The solution can help clients to create and deploy a cloud-based digital bank quickly.

Free Whitepaper
img

Out of the Blue: Dynamic Liquid Crystal Windows

From cutting down on carbon emissions and maximising energy efficiency to enhancing the health and well-being of a buildings’ occupants, the latest ‘smart glass’ and ‘dynamic glazing’ solutions offer unparalleled opportunities. Designed to meet, if not exceed, standards for low and zero-emission buildings, Dynamic Liquid Crystal Windows by Eyrise provide the opportunity to minimise the need for artificial heating and cooling by optimising the use of that generated naturally. In this latest report, the technology’s performance is compared against its closest competitors on colour-rendering, switching speed, and circadian well-being to show where it leads the way. Gaze into the future of glazing by accessing this free whitepaper below.
by Merck
Enter your details here to receive your free Whitepaper.

Nature of Disruption: BankLite is a fully modular system designed around Thought Machine’s cloud-native core banking engine, Vault, and uses AWS’s native cloud services, hosted on the AWS infrastructure. The platform’s pre-defined operating model includes cloud-native Vault core, digital channels, and third-party integrations on the same cloud infrastructure. It allows banks to get a lite bank up and running within twelve weeks, enabling users quick deployment of different brands across multiple geographies meeting country-specific markets and regulations. The platform integrates GFT’s cloud-native asset, Digital Bank Launcher (DBL) to help core banking providers to expand their solution capabilities.

Outlook: Financial institutions and startups are facing issues with the limitations of legacy technology that calls for the new modern core banking technology that reduces complex technology environments with better operational efficiency. BankLite serves this increasing demand for industry’s growing need for change by helping more financial institutions to rapidly achieve their digital transformation goals. It offers financial firms globally the capability to build a new virtual bank from scratch or extend an existing legacy core banking system faster, efficiently, and cost-effectively.

This article was originally published in Verdict.co.uk

Related Companies

Free Whitepaper
img

Out of the Blue: Dynamic Liquid Crystal Windows

From cutting down on carbon emissions and maximising energy efficiency to enhancing the health and well-being of a buildings’ occupants, the latest ‘smart glass’ and ‘dynamic glazing’ solutions offer unparalleled opportunities. Designed to meet, if not exceed, standards for low and zero-emission buildings, Dynamic Liquid Crystal Windows by Eyrise provide the opportunity to minimise the need for artificial heating and cooling by optimising the use of that generated naturally. In this latest report, the technology’s performance is compared against its closest competitors on colour-rendering, switching speed, and circadian well-being to show where it leads the way. Gaze into the future of glazing by accessing this free whitepaper below.
by Merck
Enter your details here to receive your free Whitepaper.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Design Build Network