The goal here is to create a complete, new, banking system, but do so without any disruption to existing customers. Thought Machine’s mission is to end banks' reliance on legacy IT and a key part to this is to get existing customers off these legacy systems and migrate them to Vault. This new Greenfield bank can grow into a fully fledged retail bank, and because of Vault’s scalability, this can grow from thousands of customers to tens of millions without disruption. The result is not just a new digital offering - the underlying Vault platform can be built upon, with more products and functionality added. Vault offers a full range of banking products out of the box, and with its extensive partner network able to complete the bank, all that remains is to build the customer proposition and build the digital front end. The result is a highly competitive offering against challenger banks.ĭigital Greenfield banks can be launched quickly. Thought Machine has been working with established banks who want to offer new customers purely digital user experiences and do so at a low cost compared to traditional banking technology stacks. This is not just a new digital app, but an entire bank, from digital front end to cloud hosted services. Backed by our track record for quality and continuous upgrades, Alogent’s online banking, mobile banking, and digital banking solutions are cloud-ready and available through a full range of hosted and on-premise options to deploy into virtually any bank or credit union environment.A bank can build an entirely new digital bank on the Vault platform. Keep users in-solution and engaged by offering a complete ecosystem inclusive of complimentary services, personalized marketing messages, and campaigns based on their own financial stories.įlexible and customizable, the API-based platform is upgrade-ready with hundreds of pre-built configurations. Deep integrations to Alogent’s full product suite and reporting platform go a step further to fully optimize the digital experience. Quick-to-market, simple to implement, and an SDK for added customization, Alogent future-proofs your online, mobile and digital channels with a single, consistent UX, and a device-agnostic approach. Flexibility for your future.ĭrive a greater lifetime value and lower your total cost of ownership with Alogent's unified digital banking platform.

Bank teller software