A Platform Built with Compliance Considerations at Its Foundation
Help your institution securely control data, proactively manage the examination process, and maintain regulatory compliance by implementing technology to handle changes more efficiently and cost-effectively.
Maintaining Regulatory Compliance on a Single Platform
nCino was designed with regulatory compliance in mind. Through robust configuration capabilities, the nCino platform provides the tools FIs need to manage compliance with a variety of regulations. The appropriate employees at the FI have access to compliance-ready information, including detailed dashboards and reporting.
By leveraging nCino, FIs can assist in creating institutional transparency for the board, C-Suite, and executive management, who can then more easily manage critical regulatory concerns like capital requirements, relationship exposure, and policy exceptions. Regulators, examiners, and auditors can gain real time access to this information, thereby reducing examination times and business process disruption. Additionally, nCino is built with superior safeguards for FIs to confidently oversee sensitive information while meeting global regulations.
On average, FIs experience a 54% reduction in policy exceptions
Lowered compliance cost and risk
Decreased examination prep time
Reduced operating expenses
Comprehensive data protection
Audit readiness
Audit Ready at a Moment’s Notice
nCino’s Cloud Banking Platform provides tools and integrations for FIs to independently fulfill global, national, and local compliance regulations. Built on the Salesforce platform, nCino is certified and compliant with the most rigorous industry-accepted security, privacy, and reliability standards, including SOC 2 Type II and ISO 27001 certifications, facilitating compliance with all critical security requirements.
Additionally, every activity in the nCino system is time-date stamped, enabling FIs to be audit-ready at a moment’s notice. nCino can also facilitate compliance in the following areas:
Financial Crimes Prevention
CDD/KYC/KYB
Reports
Credit Management Information
Consumer Protection
Data Analytics
Streamline Regulatory Compliance Requirements
nCino’s Cloud Banking Platform equips institutions with reporting tools that effectively identify and analyze existing and potential credit risks. With these tools in place, the board and senior management can easily manage compliance policies and receive timely, meaningful, and accurate reporting in a format that clearly defines risks and make strategic lending decisions.
Internal and external auditors can also access the institution’s credit management information and reporting, achieving both greater efficiency and transparency.
Safeguard against money laundering risks while maintaining a deep understanding of customers through reporting
Segment the institution’s portfolio into various populations to determine specific KYC compliance requirements with reports
Clone and modify existing reports for internal auditors, regulatory examiners, and compliance officers
Optimize the onboarding, loan origination, account opening and maintenance process for commercial and retail customers and employees through KYC/CDD questionnaires
Reduce bias in decision-making and help ensure consistent processes are applied throughout the institution using business process automation and nCino’s Loan Auto Decision
Provide examiners remote access to relevant reports, critical bank metrics, and loan documentation
Explore Our Dodd-Frank 1071 Resources
Compliance regulations change rapidly, which can make staying up to date a challenge for financial institutions. Review the new Dodd-Frank 1071 ruling and explore our resources to ensure your institution navigates the new regulations successfully.
nCino is built on a reliable and secure system. We recognize the strength of nCino's support system and quite simply like the feel of the company and enjoy working with its people.
Rhonda Rester, VP of Operations, Univest Bank and Trust Co
