Episodic Buffer
In 2000 Baddeley added a fourth component to the model, called the 'episodic buffer'. This component is a third slave system, dedicated to linking information across domains to form integrated units of visual, spatial, and verbal information with time sequencing (or chronological ordering), such as the memory of a story or a movie scene. The episodic buffer is also assumed to have links to long-term memory and semantic meaning.
The main motivation for introducing this component was the observation that some (in particular, highly intelligent) patients with amnesia, who presumably have no ability to encode new information in long-term memory, nevertheless have good short-term recall of stories, recalling much more information than could be held in the phonological loop.
Read more about this topic: Baddeley's Model Of Working Memory, Components