London and New York, 29 September 2026: Thought Machine, the cloud-native core banking and payments technology company, today announced an AI-powered migration solution to accelerate banking modernisation with Amazon Web Services, Inc. (AWS) Transform. The solution enables banks to modernise legacy systems faster, safely, and at a fraction of traditional costs.
By combining AWS Transform tooling for mainframe reverse engineering agents with Thought Machine’s Vault Forge, an AI tooling suite, banks can reimagine millions of lines of mainframe code (such as COBOL) into tested financial products in a live sandbox environment, compressing multi-year processes into days. Rather than translating code line-by-line, the joint pipeline extracts pure business intent inside the customer’s secure cloud environment.
Traditional legacy cores hardcode financial products directly into underlying database infrastructure, making migrations slow and risky….
