Barry O'Connell

@thoughtmachine Americas. Vault Cloud Core Banking & Payments. Prior @IBM Banking & Financial Consulting Industry Lead and @fisglobal @Capco and @Accenture

[@jason @Jason]

BYOA: Bring Yo’ Own Algorithm — @jack

[Thought Machine @thoughtmachine]

Thought Machine is the 'beating heart' of Trust Bank Singapore, one of the fastest-growing digital banks in the world, which gained 100,000 customers in its first ten days and now serves 12% of the Singapore population. Watch the full presentation here: https://t.co/Pld8Hjm4S3

[Barry O'Connell @BarryJOConnell]

The power of our product engine to configure real innovation into financial product for consumers and businesses is unmatched. Read why HM Bradley chose to work with Thought Machine below

[Finextra @Finextra]

HMBradley signs for Thought Machine platform https://t.co/nGQfSscV1N #fintech

[Fintechbot @FintechBot]

Arvest Bank rolls out lending product https://t.co/U1hWTqXsel by @BankInnovation 2023-02-23 22:27:35

[Paul Taylor @PaulTaylorCEO]

In McKinsey's latest podcast, I spoke alongside Brian Ledbetter of @McKinsey on the challenges many banks face in unwinding their legacy technology and transitioning to the cloud. The transcript and recording are available below:

https://t.co/XXh80uPvVR

@McKBanking

[Thought Machine @thoughtmachine]

Cloud migration is underway, and ambitions to adopt open and embedded finance are high – but actions aren't keeping pace. Get the full picture of the state of banking modernisation in this report from Forbes, produced in association with Thought Machine https://t.co/LdJ2R2C4AZ

[Thought Machine @thoughtmachine]

.@C6Bank, the leading Brazilian digital bank with more than 20 million customers, will use Vault Core to power its next phase of innovation in financial services. Find out more here:

https://t.co/ja15a4kBAN

[Thought Machine @thoughtmachine]

We’ve entered JPMorgan Chase's 2022 Hall of Innovation!

@Chase selects technology companies that have demonstrated superior product quality, market innovation, and business value.

Congratulations to the other company selected this year – DeepSee!

https://t.co/4opXYqoK72

[Thought Machine @thoughtmachine]

A new survey of US executives jointly conducted with @AmerBanker explores how banks are approaching CX innovation.

We outline why banks need to hire the right talent and adopt modern infrastructure if they want to deliver on promises.

Learn more, here:

https://t.co/dSsZ4CPsyg

[Paul Taylor @PaulTaylorCEO]

This is an excellent piece. @McKinsey outlining exactly why banks need to adopt modern core technology.

Their analysis shows that fintech banks running next-gen cores have 10% (!) operating costs compared to traditional banks.

[Thought Machine @thoughtmachine]

"The logical next step for many banks is a next-generation core banking system that allows them to operate with the speed and agility required in an increasingly fast-paced and complex world."

@GarethTMachine contributes for @McKinsey:

https://t.co/qSblA9VNWZ

[Barry O'Connell @BarryJOConnell]

Our latest US client.

[Thought Machine @thoughtmachine]

Today we are proud to announce @M1Finance as our client!

The U.S. financial super app has selected Thought Machine to power their service and launch new products – all from a single, coherent platform.

Learn more about our plans together, here:

https://t.co/2542pSoEyQ

[Paul Taylor @PaulTaylorCEO]

Very pleased! The global investment and banking community have plenty of confidence in us – and we've only just started. Congratulations to all @thoughtmachine - more to come.

[Thought Machine @thoughtmachine]

Say hello to our new client and investor: @intesasanpaolo!

Vault will be used to power Isybank, their new digital banking platform. To coincide with this partnership, we are proud to announce that the Italian bank has invested £40m into Thought Machine:

https://t.co/5e8MMtPjCu

[Barry O'Connell @BarryJOConnell]

https://t.co/Aet0H87iVw

[Barry O'Connell @BarryJOConnell]

We are delighted to announce our latest US Client - Mascoma Bank. Its a testament testament to the flexibility and capabilities of our core banking engine, Vault. We have the unique product building capabilities not only to serve t…https://t.co/4k36R2VuuF https://t.co/wVA3fAIAaf

[Barry O'Connell @BarryJOConnell]

Please join Thought Machine, JPMC, Mascoma Bank and American Banker to learn approaches to modernize your core, and migrate to cloud native technologies. Registration is free.
"Demystifying digital transformation in banking
Tuesd…https://t.co/G6TBWfoGQA https://t.co/T67ze3fz5M

[Barry O'Connell @BarryJOConnell]

https://t.co/VXGuh4ULZp

[Barry O'Connell @BarryJOConnell]

To understand how US banks are approaching digital transformation initiatives we jointly conducted a survey with American Banker. We found that fewer than half (44%) of the banking executives we surveyed have a cloud migration plan. Read below https://t.co/PAegyNxGLk

[Barry O'Connell @BarryJOConnell]

Congrats to Liam and the team at Thought Machine on forming this partnership with JPMC https://t.co/M8YTa41Zq2