BELLINGS

Deutshce Bank's Private Bank selects Thought Machine for radical core banking shakeup

Deutsche Bank's Private Bank has selected Vault Core from Thought Machine as part of a broader programme to reduce the number of core banking systems from 15 to two modern, cloud-based platforms.

Deutsche Bank's Private Bank has selected Vault Core from Thought Machine as part of a broader programme to reduce the number of core banking systems from 15 to two modern, cloud-based platforms.

BELLINGS Intelligence Score: 18

Why it matters

Deutsche Bank Private Bank's selection of Thought Machine for a core banking overhaul is a notable operational update reflecting modernization efforts but does not directly impact credit markets or regulatory frameworks.

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