Synpulse and fintech unicorn Tought Machine offer banks cloud-based core banking solutions
Global management consultancy Synpulse and cloud technology-based core banking system provider Thought Machine announced a partnership with the launch of the Synpulse x Thought Machine Operating Requirements Model (STORM). Together, they aim to help banks around the world digitize and evolve their transformation processes, enabling them to adopt an end-to-end digital operations model in the cloud.
Yves Roesti, Managing Partner and CEO of Synpulse Group(firmenpresse) - Changing market demands, revenue pressures, tighter regulations and increasing competition from digital entrants mean that digital transformation and developing a frictionless bank is now essential to remain competitive.
Yves Roesti, Managing Partner and CEO of Synpulse Group says: “While building digital native banks together with Thought Machine, we realised that there is great value in retaining best practices. Through the STORM reference model and its processes, time-to-market can be accelerated significantly as we start with an existing business and technical architecture, which the project team can scope against. This will increase transparency, planning and result in less risk and a more trusted partnership with our clients.”
Synpulse will play a key role in partnering with clients and Thought Machine to design, implement and deliver Vault with a process efficiency par excellence. By placing the clients at the centre of the transformation journey, Synpulse can help financial services institutions solve their challenges and evolve their business by leveraging the latest technology and innovation offered by Thought Machine.
"Nick Wilde, Managing Director Asia Pacific of Thought Machine says: “Synpulse and Thought Machine are collaborating regularly in the Asia Pacific region. Together, we ensure we deeply understand our customers’ requirements and systematically use our combined capabilities to best serve our mutual customers. Yves has a growing team in the region that is forward looking, sees the changes in the industry, and responds with innovative solutions. We look forward to seeing this partnership go from strength to strength.”
Unternehmensinformation / Kurzprofil:
About Synpulse
Synpulse is an internationally established management consulting company and valued partner of many of the world’s largest financial services providers. Since its founding in 1996, Synpulse has been supporting banks and insurers along the entire value chain; from the development of strategies and their operative realisation to technical implementation and hand-over. Synpulse is characterised by in-depth industry knowledge and the passion and commitment of its more than 500 employees, who come from more than 20 countries. Synpulse is represented with locations in Zurich, Geneva, Dusseldorf, Singapore, New York, Hong Kong, London, Sydney, Bratislava, Manila, Jakarta, Hyderabad, and Bangkok.
For more information, visit synpulse.com
About Thought Machine
Thought Machine was founded in 2014 with a mission to enable banks to deploy modern systems and move away from the legacy IT platforms that plague the banking industry. We do this through our cloud native core banking platform, Vault. This next generation system has been written from scratch as an entirely cloud native platform. It does not contain a single line of code which is legacy, or pre-cloud.
We are currently a team of more than 500 people spread across offices in London, New York, Singapore, Sydney, and Melbourne, and have raised more than $340m in funding at a $1bn+ valuation.
For more information visit thoughtmachine.net
Contact person at Synpulse:
Hilda Yap, Synpulse Singapore, Phone +65 6971 9673, hilda.yap(at)synpulse.com
Synpulse Singapore Pte. Ltd.
Management Consulting
120 Robinson Road
#12-01
Contact person at Thought Machine:
Asif Faruque, Thought Machine, press(at)thoughtmachine.net ?
Thought Machine Singapore
Distrii Singapore
9 Raffles Place
Republic Plaza
Singapore 048619
Stefanie Walter ASSET PR
Phone +49 69 2444 8191
info(at)asset-pr.com
Datum: 16.12.2021 - 09:47 Uhr
Sprache: Deutsch
News-ID 1949088
Anzahl Zeichen: 2132
Kontakt-Informationen:
Ansprechpartner: Stefanie Walter ASSET PR
Telefon: 0049 98668005
Kategorie:
Banken
Meldungsart: Kooperation
Versandart: Veröffentlichung
Freigabedatum: 16.12.2021
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