Thought Machine Vault Core vs Tuum
Thought Machine Vault Core
thoughtmachine.netTuum
tuum.comSide by side
| Figure | Thought Machine Vault Core | Tuum |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Banking Systems | 7.5 (#8) | 7.4 (#10) |
| Spec score · Core Banking Software | 7.5 (#11) | 7.4 (#13) |
| Company history | Thought Machine says it was founded in London in 2014. | Tuum says its story began when five Estonian banking technology pioneers launched a modular core banking platform; a company announcement states it was founded in 2019. |
| Deployment | Vault is offered through public, private, or hybrid cloud models and described as cloud agnostic. | Tuum describes public cloud, private cloud, on-premises, and hybrid deployment options. |
| Founded | 2014 | 2019 |
| Headquarters | The company lists London as its headquarters, at 7 Herbrand St, London WC1N 1EX, United Kingdom. | Tallinn, Estonia |
| Intended customers | The company identifies global and national banks, mid-size and regional banks, fintechs, and digital banks as audiences it serves. | Tuum says it serves institutions ranging from multinational banks to fintechs and small and medium-sized enterprises. |
| What it does | Vault Core is Thought Machine's cloud-native core-banking platform for building and operating banking products. | Tuum is a modular, cloud-native core banking platform for banks and fintechs, covering accounts, payments, lending, cards, and Islamic banking. |
Plans
In their own words
Thought Machine Vault Core
Thought Machine Vault Core has no write-up on Specifiction yet; its figures are above.
Tuum
Tuum is a modular core banking platform for banks and financial institutions, with capabilities for accounts, payments, lending, cards and Islamic banking. Customers can select modules, and an API-first microservices architecture is intended to support incremental modernization alongside legacy systems. Deployment options include public cloud, private cloud, on-premises and hybrid environments. Tuum says open APIs and pre-built integrations connect third-party systems and providers. Listed payment integrations include Centrolink, Currencycloud, LHV and Banking Circle, with AML connectivity from ComplyAdvantage and Hawk; card connections include Nets and Paymentology, plus Mastercard tokenization through MDES. The platform supports multi-currency accounts and virtual IBANs, card issuing and processing, and payment operations including SEPA, SWIFT, FX and direct debits. Tuum states support for more than 2,500 transactions per second and 99.99% uptime. Its Islamic Banking module is described as AAOIFI-compliant. Tuum says average core banking implementation takes less than seven months. Founded in 2019 and headquartered in Tallinn, Estonia, the company offers pricing on request and directs prospective customers to book a demo. It is a software vendor, not a provider of an EMI or banking license.