Demo Summary
In this 6-minute demo, you will see Vault Core, a modern banking system that works behind the scenes. A sales engineer shows how banks can build different loans using simple computer code and easy settings. You’ll watch a customer pick a loan, change fees and payment plans, then run a simulation to see her monthly payments. You’ll also see how every event is sent in real time for instant updates. Vault Core helps banks launch new products faster and keep data fresh.
AI-Detected Features
Welcome & Company IntroductionTravis Clotwalker opens the American Banker webcast, introduces Thought Machine, its Vault Core and Vault Payments products, global presence, and previews a short demo.
00:00
Demo Setup & Vault Core ContextNicholas Kerfass explains that Vault Core is a headless, API-only system. He shows a demo UI and introduces Sarah’s loan scenario to illustrate how the core works behind the scenes.
01:02
Universal Product Engine OverviewNicholas describes Vault’s universal product engine: building any financial product with Python code, from simple savings accounts to complex syndicated loans, giving clients flexibility and speed.
01:44
Parameter Framework & Code CustomizationDeep dive into defining product parameters (like amortization methods) in code. Nicholas shows how parameters enable unique customer experiences and how product templates drive flexibility.
03:26
Simulation, Account Opening & Real-Time StreamingNicholas runs a loan simulation to generate an amortization schedule, completes account opening (with KYC), and highlights Vault Core’s Kafka-based real-time data stream for instant downstream updates. Closing remarks and contact information.
04:52
Thought Machine
Thought Machine is the global leader in cloud-native core banking technology, empowering financial institutions to accelerate digital transformation with innovative, flexible solutions.Learn more about Thought MachineMore Demos (1)
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