Nick Wilde, Thought Machine - Banking as an afterthought (S3E6)

Nicholas Wilde is the Managing Director APAC at Thought Machine. In his role, Nick works with banks and fintech firms to help them implement a built-for-purpose modern core – Vault - at the heart of their business. Vault, built by former Google engineers, helps organizations to solve some of the hardest problems in banking, discard the shackles of their legacy systems and reimagine their business for tomorrow. At the Singapore FinTech Festival 2022, Nick was recognized as one of the Top Ten FinTech Leaders in Singapore. In this conversation, he shares with us his perspective on banking across the region, how incumbents vs challengers are positioned, and what drives the adoption of modern, cloud-based banking stacks, whether from a technical or business perspective. One path to implementation for incumbents is the roll up of "orphan cores" into a platform like Vault, consolidating various product-specific legacy systems that become hard to maintain onto a single core. With Standard Chartered as one of his clients, Nick also shares examples how Mox in Hong Kong has launched incrementally. Produced in collaboration with Tokyo FinTech. If you have an interesting story to share with our audience, and would like to appear on the podcast, please contact us via [email protected] You can also find us on.... Home Page: https://tokyofintech.com/ LinkedIn: https://www.linkedin.com/company/tokyofintech/ Twitter: https://twitter.com/TokyoFinTech Medium: https://medium.com/tokyo-fintech YouTube: https://www.youtube.com/c/tokyofintech Meetup: https://www.meetup.com/tokyofintech/