DXC and Thought Machine Launch Joint Solution to Accelerate Banking Modernization

New Products

Summary

DXC Technology and Thought Machine announced a joint solution for small and midsize banks that want to modernize core systems faster. The offering combines Thought Machine’s Vault Core and Vault Payments with DXC’s managed services and banking operations expertise. It lets financial institutions launch new products faster, migrate legacy systems, and improve operational efficiency and compliance. The companies position the solution as a one-stop path for banks that need a simpler modernization program without heavy internal development.

Classifications

industries
Fintech & Banking
applications
Data Management

AskAI Classifications

Labels
Financial Technology Core Banking Software Cloud Computing

Linked Companies

Thought Machine
$50M to $100M