Lloyds Banking Group

Lloyds Banking Group and Thought Machine

Lloyds Banking Group is one of the UK’s leading financial institutions, with more than 26 million customers in the UK.

Our relationship with Lloyds Banking Group began in 2018 – when our two organisations met to discuss how our technology can play a role in the bank’s broader ambition to shape finance as a force for good. Lloyds Banking Group also invested in Thought Machine in 2018. In 2022, during a series D funding round – Lloyds Banking Group continued its investment into the business and extended its licence agreement with Thought Machine.

There’s no doubt that Lloyds Banking Group is focused on positive change. Both from a cultural perspective, to enable their people to learn and grow their skills for the future, and from a technology perspective, recognising the scale of its systems and how they serve nearly half of the adult population in the UK.

Peter Crouch, CIO at Lloyds Banking Group, recently spoke to Travers Clarke-Walker, Thought Machine’s CMO, about the value of modern core systems like Vault Core.

To learn more, watch the full conversation between Peter and Travers here.