Reach your vision with Synpulse8
Changing market demands, revenue pressures, tighter regulations and increasing competition from digital entrants mean that digital transformation and developing a frictionless bank is now essential to remain competitive.

STORM, or the Synpulse x Thought Machine Operating Requirements Model, combines Synpulse’s in-depth expertise in target operating models and strategies for banks together with the powerful core banking capabilities of Thought Machine’s Vault platform.

In unison, STORM supports our banking clients in their digital transformation journey.

The issue with digital transformation
Some issues both traditional banks and new banking players tend to overlook when embarking on their digital transformation projects include:

• Not following a customer-centric apporach
• Failure to have a strategic long-term process and product roadmap
• Failing to upgrade from legacy banking systems and technology
• Inability to automate internal and external banking processes
• Not following a lean and agile product development cycle

Seamless integrations and reduced time to market
STORM focuses on the following key areas to successfully deliver a bank’s digital modernisation goals:

• An industralised Core Banking System (CBS) implementation approach
• Architecture design to address challenges faced by the client
• Business-friendly workshop approach
• Strong governance throughout project lifecycle
• Reduction in time-to-market and cost savings during implementation

Who we serve
STORM combines a Target Operating Model and strategy, which are uniquely curated for digital banks of all shapes and sizes, with Thought Machine’s Vault as the core banking service provider and Synpulse as the strategic delivery partner.

Methodology
The model lays down 100 baseline processes that are required to set up a new digital bank and maps them to seamlessly integrate with Thought Machine’s Vault.