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Brazilian financial institution for people and companies, C6 Financial institution, has partnered up with Thought Machine to utilise its core banking know-how.
C6 Financial institution faucets Thought Machine for core banking tech
Based in 2018 and primarily based in São Paulo, C6 Financial institution claims to cater to over 20 million prospects in simply over two years of operations, providing greater than 60 monetary services and products, starting from present accounts and an funding platform to greenback and euro accounts.
Utilizing Vault Core, Thought Machine’s cloud-native core banking platform, C6 Financial institution intends to construct and launch “revolutionary” merchandise, particulars of which can be introduced at a later date, the financial institution says.
“C6 Financial institution is a digital-banking chief in Brazil and a critically vital shopper for us as we proceed our growth in Latam,” says Paul Taylor, CEO and founding father of Thought Machine.
“This partnership demonstrates the pliability of Vault Core and the capabilities of its Common Product Engine in constructing and working revolutionary monetary merchandise catered to our purchasers’ particular markets.”
The partnership is at the moment in an “in depth” testing and simulation section, the companies say.
Headquartered in London, with places of work in Singapore, New York and Sydney, Thought Machine boasts of a shopper checklist that features Lloyds Banking Group, Commonplace Chartered Financial institution, Al Rajhi Financial institution Malaysia, Trust Bank, Intesa Sanpaolo, Lunar, and Atom financial institution, amongst others all over the world.
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