{"id":566340,"date":"2025-01-22T07:45:46","date_gmt":"2025-01-22T06:45:46","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&p=566340"},"modified":"2025-01-22T07:45:46","modified_gmt":"2025-01-22T06:45:46","slug":"omnea-partners-with-thought-machine-to-enhance-procurement-governance","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/","title":{"rendered":"Omnea partners with Thought Machine to enhance procurement governance"},"content":{"rendered":"

\"ThoughtOmnea, the procurement orchestration platform, has announced a new partnership with Thought Machine<\/a>, the cloud-native banking technology company. This collaboration equips Thought Machine to embed third-party risk and financial governance within its procurement processes, delivering superior user experience to requesters, reviewers, and suppliers.<\/p>\n

Omnea is a procurement orchestration platform built around user experience. With core offerings in procurement orchestration and automation and additional specialisms in accounts payable and third-party risk management, Omnea holistically manages the entire supplier lifecycle and provides a single source of truth for all supplier data.<\/p>\n

Thought Machine has developed the foundations of modern banking with its cloud-native core banking and payments technology. Partnering with Omnea allows Thought Machine to consolidate legacy vendors and unify its third-party risk management processes, procurement intake and approvals, and supplier management processes within a single platform. Omnea makes it simple for employees to make requests and intelligently routes them to the proper security and finance reviewers. Additionally, it automatically sends security questionnaires to suppliers, enabling Thought Machine to maintain the highest level of risk management and compliance with operational resilience-focused regulation.<\/p>\n

Nitesh Palana, Director of Risk and Compliance and Head of Government Affairs at Thought Machine<\/strong>, said, “Omnea\u2019s platform enables us to embed consistent security and compliance frameworks throughout our procurement processes to meet stringent regulatory standards such as DORA. After thoroughly reviewing the market, Omnea\u2019s deep focus on risk management made them the clear choice to partner with to transform our procurement processes.\u201d<\/p>\n

\u200dAbhirukt Sapru, CCO at Omnea<\/strong>, said, \u201cThought Machine is bringing banking infrastructure and payments into the modern age. We are thrilled to partner in strengthening their third-party risk management posture while delivering exceptional experiences throughout their end-to-end procurement processes.\u201d<\/p>\n

Thought Machine’s cloud-native core banking platform, Vault Core, is trusted by leading banks and financial institutions worldwide, including Intesa Sanpaolo, ING Bank \u015al\u0105ski, Lloyds Banking Group, Standard Chartered, SEB, Lunar, Atom Bank, Curve, and more.<\/p>\n","protected":false},"author":35737,"featured_media":517872,"parent":0,"template":"","categories":[41779,11382,11368,11372],"tags":[44122,12380,44467,11508,11515,11742,48919,16666,11757,32908,13870,11406],"class_list":["post-566340","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-banktech","category-cloud","category-core-banking","category-risktech","tag-banking-infrastructure","tag-compliance-regulatory","tag-dora","tag-europe","tag-fintech","tag-governance","tag-omnea","tag-procurement","tag-risk-management","tag-supplier-management","tag-thought-machine","tag-uk"],"acf":[],"yoast_head":"\nOmnea partners with Thought Machine to enhance procurement governance<\/title>\n<meta name=\"description\" content=\"Omnea, the procurement orchestration platform, has announced a new partnership with Thought Machine, the cloud-native banking technology firm\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Omnea partners with Thought Machine to enhance procurement governance\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/\" \/>\n<meta property=\"og:site_name\" content=\"IBS Intelligence\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"400\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@IBSIntelligence\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/\"},\"author\":{\"name\":\"Gloria Methri\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/e1e5ce9fc74bf62e33b38bcad8436aa1\"},\"headline\":\"Omnea partners with Thought Machine to enhance procurement governance\",\"datePublished\":\"2025-01-22T06:45:46+00:00\",\"dateModified\":\"2025-01-22T06:45:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/\"},\"wordCount\":330,\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg\",\"keywords\":[\"Banking Infrastructure\",\"Compliance Regulatory\",\"DORA\",\"Europe\",\"FinTech\",\"Governance\",\"Omnea\",\"Procurement\",\"Risk Management\",\"supplier management\",\"Thought Machine\",\"UK\"],\"articleSection\":[\"BankTech\",\"Cloud\",\"Core Banking\",\"RiskTech\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/\",\"url\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/\",\"name\":\"Omnea partners with Thought Machine to enhance procurement governance\",\"isPartOf\":{\"@id\":\"https:\/\/ibsintelligence.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg\",\"datePublished\":\"2025-01-22T06:45:46+00:00\",\"dateModified\":\"2025-01-22T06:45:46+00:00\",\"description\":\"Omnea, the procurement orchestration platform, has announced a new partnership with Thought Machine, the cloud-native banking technology firm\",\"breadcrumb\":{\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#primaryimage\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg\",\"width\":400,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ibsintelligence.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Omnea partners with Thought Machine to enhance procurement governance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ibsintelligence.com\/#website\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"name\":\"IBS Intelligence\",\"description\":\"Financial Technology News & FinTech Research\",\"publisher\":{\"@id\":\"https:\/\/ibsintelligence.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ibsintelligence.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ibsintelligence.com\/#organization\",\"name\":\"IBS Intelligence\",\"url\":\"https:\/\/ibsintelligence.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"contentUrl\":\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png\",\"width\":299,\"height\":80,\"caption\":\"IBS Intelligence\"},\"image\":{\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ibsintelligence.cmc\/\",\"https:\/\/x.com\/IBSIntelligence\",\"https:\/\/www.instagram.com\/ibsintelligence\/\",\"https:\/\/www.linkedin.com\/company\/ibs-intelligence\/\",\"https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/e1e5ce9fc74bf62e33b38bcad8436aa1\",\"name\":\"Gloria Methri\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/544219a42cef0865d1a26b3b7e8185306b00af0346c7a20661f3a926b839172e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/544219a42cef0865d1a26b3b7e8185306b00af0346c7a20661f3a926b839172e?s=96&d=mm&r=g\",\"caption\":\"Gloria Methri\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Omnea partners with Thought Machine to enhance procurement governance","description":"Omnea, the procurement orchestration platform, has announced a new partnership with Thought Machine, the cloud-native banking technology firm","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/","og_locale":"en_US","og_type":"article","og_title":"Omnea partners with Thought Machine to enhance procurement governance","og_description":"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. We take pride in covering 400+ technology vendors globally \u2013 the largest by any analyst firm in this space.","og_url":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/","og_site_name":"IBS Intelligence","article_publisher":"https:\/\/www.facebook.com\/ibsintelligence.cmc\/","og_image":[{"width":400,"height":400,"url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@IBSIntelligence","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#article","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/"},"author":{"name":"Gloria Methri","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/e1e5ce9fc74bf62e33b38bcad8436aa1"},"headline":"Omnea partners with Thought Machine to enhance procurement governance","datePublished":"2025-01-22T06:45:46+00:00","dateModified":"2025-01-22T06:45:46+00:00","mainEntityOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/"},"wordCount":330,"publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg","keywords":["Banking Infrastructure","Compliance Regulatory","DORA","Europe","FinTech","Governance","Omnea","Procurement","Risk Management","supplier management","Thought Machine","UK"],"articleSection":["BankTech","Cloud","Core Banking","RiskTech"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/","url":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/","name":"Omnea partners with Thought Machine to enhance procurement governance","isPartOf":{"@id":"https:\/\/ibsintelligence.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#primaryimage"},"image":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#primaryimage"},"thumbnailUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg","datePublished":"2025-01-22T06:45:46+00:00","dateModified":"2025-01-22T06:45:46+00:00","description":"Omnea, the procurement orchestration platform, has announced a new partnership with Thought Machine, the cloud-native banking technology firm","breadcrumb":{"@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#primaryimage","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/thoughtmachine.jpg","width":400,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/ibsintelligence.com\/ibsi-news\/omnea-partners-with-thought-machine-to-enhance-procurement-governance\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ibsintelligence.com\/"},{"@type":"ListItem","position":2,"name":"Omnea partners with Thought Machine to enhance procurement governance"}]},{"@type":"WebSite","@id":"https:\/\/ibsintelligence.com\/#website","url":"https:\/\/ibsintelligence.com\/","name":"IBS Intelligence","description":"Financial Technology News & FinTech Research","publisher":{"@id":"https:\/\/ibsintelligence.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibsintelligence.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibsintelligence.com\/#organization","name":"IBS Intelligence","url":"https:\/\/ibsintelligence.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/","url":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","contentUrl":"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2022\/03\/logo.png","width":299,"height":80,"caption":"IBS Intelligence"},"image":{"@id":"https:\/\/ibsintelligence.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ibsintelligence.cmc\/","https:\/\/x.com\/IBSIntelligence","https:\/\/www.instagram.com\/ibsintelligence\/","https:\/\/www.linkedin.com\/company\/ibs-intelligence\/","https:\/\/www.youtube.com\/channel\/UCLkzPazySerR8DzKFeFFGmw"]},{"@type":"Person","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/e1e5ce9fc74bf62e33b38bcad8436aa1","name":"Gloria Methri","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibsintelligence.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/544219a42cef0865d1a26b3b7e8185306b00af0346c7a20661f3a926b839172e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/544219a42cef0865d1a26b3b7e8185306b00af0346c7a20661f3a926b839172e?s=96&d=mm&r=g","caption":"Gloria Methri"}}]}},"_links":{"self":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news\/566340","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/ibsi_news"}],"about":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/types\/ibsi_news"}],"author":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/users\/35737"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media\/517872"}],"wp:attachment":[{"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/media?parent=566340"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/categories?post=566340"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibsintelligence.com\/wp-json\/wp\/v2\/tags?post=566340"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}