Deutsche Bank's Private Bank Picks Thought Machine to Collapse 15 Core Banking Systems Into Two
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Deutsche Bank's Private Bank selected Vault Core from Thought Machine as part of a programme to reduce its core banking estate from 15 systems to two cloud-based platforms. A 15-to-2 consolidation at a bank of that size is one of the larger core replacements announced this year and a multi-year commitment to a single vendor's data model. It is also the substrate decision that determines what any later AI or agent layer at that bank can actually reach.